Formula 1 - About the company
Formula 1 is an acquired company based in United Kingdom. It operates as an Operator of a racing series providing schedules, news, and driver information. Formula 1 has raised an undisclosed amount in funding. The company has 27 active competitors, including 1 funded and 4 that have exited. Its top competitors include companies like INDYCAR, Bahraingp and United Autosports.
Company Details
Operator of a racing series providing schedules, news, and driver information. It offers schedules for upcoming races, results, and standings for drivers and teams. The platform provides news, videos, and information about drivers, teams, and regulations. It also includes fantasy and gaming options for users.
- Website
- www.formula1.com/
- Registered Address
- Rīga, Viskaļu iela 5
Key Metrics
Location
Stage
Acquired
Latest Funding Round
Investors
Ranked
2nd among 27 active competitors
Employee Count
6,456 as on Sep 30, 2026
Exit Details
Acquired by CVC (Nov 25, 2005)
Legal entities associated with Formula 1
Formula 1 is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FORMULA CIN: 40003089257 , Latvia, Active | Sep 07, 1992 | €1M - €10M (As on Dec 31, 2024) | 21 (As on Dec 31, 2023) | - |
FORMULA ONE WORLD CHAMPIONSHIP LIMITED CIN: 4174493 , United Kingdom, Active | Mar 06, 2001 | £1M - £10M (As on Dec 31, 2025) | - |
Formula 1's acquisition details
Formula 1 got acquired by CVC on Nov 25, 2005.
Click here to take a look at Formula 1's acquisition in detail
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Formula 1's funding and investors
Formula 1 has raised funding over 2 rounds. Its first funding round was on 2000. Formula 1 has 1 institutional investor.
Here is the list of recent funding rounds of Formula 1:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 12, 2018 | 4740063 | Conventional Debt | 8377745 | 9554157 | 2715210 | 5249667 |
2000 | 7466 | PE | 7070 | 1901 | 1604 |
View details of Formula 1's funding rounds and investors
Formula 1's founders and board of directors
Founder? Claim ProfileFormula 1's employee count trend
Formula 1 has 6,456 employees as of Sep 26. Here is Formula 1's employee count trend over the years:
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Formula 1's Competitors and alternates
Top competitors of Formula 1 include INDYCAR, Bahraingp and United Autosports. Here is the list of Top 10 competitors of Formula 1, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | INDYCAR 1994, Indianapolis (United States), Acquired | Provider of sports services | - | - | 60/100 |
2nd | Formula 1 United Kingdom, Acquired | Operator of a racing series providing schedules, news, and driver information | - | 59/100 | |
3rd | ![]() Bahraingp 2002, Unfunded | Regional sports network broadcasting local and regional sporting events | - | - | 39/100 |
4th | United Autosports 2009, United Kingdom, Unfunded | Provider of motorsport team management and historic car restoration services | - | - | 38/100 |
5th | ![]() Saudiarabiangp 2019, Netherlands, Unfunded | - | - | - | 37/100 |
6th | ![]() F1Miamigp 2018, Miami Gardens (United States), Unfunded | Provider of Formula 1 Grand Prix event ticketing and hospitality | - | - | 35/100 |
7th | Donington Park 1931, Derby (United Kingdom), Acquired | Provider of automotive sports services | - | - | 24/100 |
8th | W Series 2018, London (United Kingdom), Unfunded | League organizer focusing on motor racing and esports tournaments | - | - | 23/100 |
9th | Trackhouse 2020, Concord (United States), Seed | Provider of motorsports league | - | 21/100 | |
10th | Liverpool Motor Club 2001, Liverpool (United Kingdom), Unfunded | Motor sport organization that organizes and hosts various events, including hill climbs and sprints, at different venues | - | - | 21/100 |
Looking for more details on Formula 1's competitors? Click here to see the top ones
Formula 1's Investments and acquisitions
Formula 1 has made 2 investments in F1 Arcade and PlayON. Formula 1 has not made any acquisitions as of now.Reports related to Formula 1
Here is the latest report on Formula 1's geography:
News related to Formula 1
Media has covered Formula 1 for a total of 49 events in the last 1 year, 27 of them have been about company updates and 16 about partnerships.
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Formula 1 announces return to Africa with Grand Prix in Rwanda in early 2030s - The Korea TimesThe Korea Times•Oct 13, 2026•Formula 1
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Jefferies starts Formula One at Buy with $115 target, cites Apple TV, MotoGP (FWONK:NASDAQ)Seeking Alpha•Sep 09, 2026•Formula 1
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Formula 1 and Pompeii Launch Capsule Collection for Spanish GPLicense Global•Sep 08, 2026•Pompeii, Formula 1
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Formula 1 revenue plunges 38% in Q2 2026 amid reduced race calendarMotorcycle Sports•Aug 06, 2026•Formula 1
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Fitch raises Formula 1 credit rating outlook to 'positive' Expects debt reductionInvesting•Jul 23, 2026•Fitch Ratings, Formula 1
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Formula 1's £12bn UK Economic Impact Highlighted Ahead of Record Silverstone Grand PrixBusiness Matters•Jul 03, 2026•Formula 1
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Formula 1 and Flexjet Announce Multi-Year Global PartnershipFinancial Post•Jul 01, 2026•Formula 1, Flexjet
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Disney Announces Formula 1 British Grand Prix ActivationLicense Global•Jun 24, 2026•Disney, Formula 1, Ferrari
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