About the company
Formula One Group is a dominant force in the world of motorsports, controlling the exclusive commercial and promotional rights to the highly prestigious FIA Formula One World Championship series. With a heritage dating back to its inception in 1950, Formula One has become synonymous with speed, passion, and cutting-edge technology. As the primary business of the group, Formula One Group is responsible for the development, organization, and promotion of the Formula One race series. However, this monumental task cannot be accomplished single-handedly. Formula One Group works closely with three key partners: the FIA (Fédération Internationale de l'Automobile), the teams that participate in the series, and the series' commercial partners. The FIA serves as the regulatory body for Formula One, ensuring that all participants adhere to a stringent set of regulations aimed at maintaining safety, fairness, and competitiveness. This collaborative relationship between Formula One Group and the FIA guarantees that the series upholds its prestigious reputation while pushing the boundaries of automotive technology. The teams that compete in the Formula One World Championship are an integral part of the sport. Their skill, expertise, and dedication contribute to the incredible spectacle that captivates audiences around the globe. Formula One Group works closely with these teams, providing a platform for them to showcase their engineering prowess and driving talent. Together, they create a thrilling and unpredictable competition that leaves fans on the edge of their seats. In addition to the FIA and the teams, Formula One Group relies on a wide range of commercial partners to ensure the success of the series. These partners include race promoters, broadcasters, sponsors, and advertisers. The race promoters play a crucial role in organizing and hosting Grand Prix events in various countries, providing the infrastructure and logistics necessary for successful races. Broadcasters, both terrestrial and digital, play a vital role in bringing the excitement of Formula One to millions of viewers worldwide. Through coverage and live broadcasting, they bring the atmosphere, drama, and electrifying moments of the races right into people's living rooms. Formula One's impressive roster of sponsors and advertisers not only provides financial support but also reinforces the brand image and global influence of the sport. Their involvement ranges from sponsoring teams and drivers to placing their logos on cars, tracks, and merchandise. This collaboration helps drive the growth and development of Formula One while enhancing the exposure and brand recognition of the sponsors. In January 2017, Formula One Group became a subsidiary of Liberty Media, a global media and entertainment company. Liberty Media's acquisition of Formula One Group marked a new era for the sport, bringing financial stability and exciting prospects for its future. To reflect this change, Formula One stock was introduced as a tracking stock, allowing investors to have a stake in the assets under Formula One Group with Liberty Media. Looking ahead, Formula One Group, under the guidance of Liberty Media, continues to evolve and adapt to the ever-changing landscape of motorsports. By embracing new technologies, expanding its global reach, and nurturing its partnerships, Formula One Group strives to maintain its position as the pinnacle of motorsport, captivating fans and pushing the boundaries of what is possible on the race track.
Website: https://www.libertymedia.com/formula-one-group
Data updated: June 2, 2026
