Formula 1

Dudley, United Kingdom Founded: 1950 • Age: 76 yrs Acquired By CVC
International motorsport racing events are organized by Formula 1.

About Formula 1

Formula 1 is a company based in Dudley (United Kingdom) founded in 1950 was acquired by CVC in November 2005. Formula 1 offers products and services including Racing Events and F1 TV Subscription.

  • Headquarter Dudley, United Kingdom
  • Sectors
    Media & Entertainment
  • Website category Vehicles · Motorsports
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website formula1.com
  • Social LinkedIn X Facebook
  • Acquired by CVC (Nov 2005)
  • Legal Name Formula One World Championship Limited
Key Metrics
  • Latest Funding Round
    $3.3B (USD), Debt – Conventional

    Mar 2018

  • Investors
    CVC

    & 1 more

  • Acquired by
    CVC

    (Nov 2005)

Products & Services of Formula 1

Formula 1 offers a comprehensive portfolio of products and services, including Racing Events and F1 TV Subscription.

Racing Events
Sports Events

Racing events are organized as high-speed competitions on international circuits

F1 TV Subscription
Media Services

F1 TV subscription services are provided for streaming races and exclusive content to viewers

Apps and channels of Formula 1

Formula 1 publishes 2 mobile apps with over 10M+ downloads.

Formula 1®
Google Play Sports Everyone Free
Developer: Formula One Digital Media Limited
View on Google Play
Formula 1®
App Store Sports 4+
Developer: Formula One Digital Media Limited
View on App Store

Funding Insights of Formula 1

  • Total Rounds 2
  • Last Round Debt – Conventional — $3.3B
  • Investors Count 1

All 2 funding rounds of Formula 1 with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2018$3.3BDebt – Conventional––
–
Jun 2000–Private Equity Round––
Valuation history

2 investors in total: 2 institutional.

Investors in Formula 1

Formula 1 has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include CVC and Hellman & Friedman.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Private equity firm focused on acquisitions
–hf.comSan Francisco, United States
Mezzanine financing and equity investments are provided by CVC.
1981cvc.comNew York, United States
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Investor details for Formula 1

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Formula 1

223 people are tracked at Formula 1 (54 in leadership, 169 in team).

NameRoleGroup
Chase Carey
CEOLeadership
James Sparrow
Head Of New PartnershipsLeadership
Tom Trinick
Global Head Of Digital Advertising & Content PartnershipsLeadership
David Leslie
Head Of Corporate RelationsLeadership
Dean Locke
Director Of Broadcast And MediaLeadership
Fabio Calamosca
Head Of Fan Strategy And PlanningLeadership
Simon Earl
CFO - Las Vegas Grand PrixLeadership
Michael Alsbury
Head Of Financial Accounting & ReportingLeadership
Clare Palmer
Head Of TaxLeadership
Liam Parker
Chief Corporate Relations, Communications And Marketing OfficerLeadership
Andrew Diggle
Head Of Digital ContentLeadership
Lisa Spencer-Hayes
Director Of Licensing & GamingLeadership
Stefano Domenicali
President & CEO, FormulaLeadership
Gilles Carraro
Head Of SportingLeadership
Amie Smith
Head Of IT Systems And SupportLeadership
Duncan Llowarch
Chief Financial OfficerLeadership
Violet Bloomfield
Talent Acquisition PartnerLeadership
Lucie Stewart
Head Of TalentLeadership
George Tresidder
Strategy Business PartnerLeadership
Charles Minors
Director Of StrategyLeadership

203 more people are available in the full profile.

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Complete people profiles for Formula 1

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of Formula 1

4 dated milestones of Formula 1 across 68 years, from founding to its latest funding, stage changes and deals.

  1. Founded Formula 1 is founded.
  2. Funding First funding round.
  3. Exit Acquired by CVC.
  4. Funding Latest funding round, Debt – Conventional, of $3.3B.

Web traffic of Formula 1

The website of Formula 1 (formula1.com) receives about 14.1M visits a month and ranks #1,460 among all websites worldwide, #17 in Motorsports.

  • Monthly visits
    14.1M

    ▼ 62.5% vs previous month

  • Unique visitors
    13.1M

    per month

  • Global rank
    #1,460

    among all websites

  • Category rank
    #17

    Vehicles · Motorsports

Similar websites

Websites whose visitors overlap most with Formula 1. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
planetf1.com
planetf1.com
100%
–#14,488–
autosport.com
91%
2.1M#30,416View details
motorsport.com
89%
21.9M#3,073View details
racingnews365.com
racingnews365.com
86%
–#23,934–
motogp.com
85%
2M#28,700View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
Premium access

All 40 similar websites and full traffic analytics for Formula 1

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 40 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Formula 1

Premium access

Complete news archive for Formula 1

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to Formula 1

10 companies that operate in the same segment as Formula 1 (Sports & Fitness Services), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Organizer of obstacle course races and endurance events
2006Boston, Massachusetts, United StatesUSD 32.4 M––
Mixed martial arts tournaments and events are organized globally.
2012Washington, District Of Columbia, United StatesUSD 153 M––
Tennis news, scores, rankings, and live coverage are provided.
1954New York, New York, United StatesUSD 151.49 M––
Professional ice hockey league services are operated across North America.
1917New York, New York, United States–––
Football sports club services and team information are provided.
1909Dortmund, North Rhine-westphalia, Germany–––
Football club services and team information are provided in France.
1970Paris, FranceUSD 572.35 M––
Provider of sports media services
1946New York, New York, United States–USD 3.9 M19
Professional women's basketball league is managed across the United States.
1996New York, New York, United StatesUSD 75 M––
An IPL cricket franchise team is operated in Chennai.
2008Chennai, Tamil Nadu, India–USD 35.15 M17
Karate league events and sports services are organized and provided.
2018Cayman IslandsUSD 18 M––
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Frequently Asked Questions about Formula 1

Formula 1 was founded in 1950 and raised its 1st funding round 50 years after it was founded.

Formula 1 is headquartered in Dudley, United Kingdom. It is registered at Dudley, West Midlands, United Kingdom.

Chase Carey is the current CEO of Formula 1.

Formula 1 was established in 1950 and is headquartered in Dudley, United Kingdom. Operations are centered in the motorsport sector, where global Formula 1 Grand Prix events are coordinated across various countries. Services encompass race scheduling, regulatory oversight for teams and drivers, and management of broadcasting and sponsorship agreements. The domain formula1.com is utilized for official communications. Leadership is provided by CEO Chase Carey, overseeing annual championship series.

Formula 1 offers Racing Events and F1 TV Subscription.

Formula 1 has 2 investors. Key investors include CVC, and Hellman & Friedman.

Formula 1 operates through Formula One World Championship Limited.

Yes. Formula 1 was acquired by CVC in November 2005.

Yes. Formula 1 publishes Formula 1® and 1 more app, with over 10 million downloads.

The website of Formula 1 receives about 14.1 million visits a month and ranks #1,460 among all websites worldwide.

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