Formula 1
Budget
€10 — €0
EP Access
2
accredited persons
Staff
2
0.2 FTE
EU Grants
None
Mission & Goals
Formula 1® racing began in 1950 and is the world’s most prestigious motor racing competition, as well as the world’s most popular annual sporting series. Formula One World Championship Limited is part of Formula 1® and holds the exclusive commercial rights to the FIA Formula One World Championship™. Formula One Management (FOM) holds and administers the commercial rights to Formula 1®. Our goal is to promote Formula 1® worldwide, expand its global audience, develop new markets, and enhance the overall commercial appeal of the sport.
EU Legislative Interests
EU Work Plan for Sport European Sport Model EU Strategy on Sustainable Tourism Revised Renewable Energy Directive (RED III) ReFuelEU Aviation Sustainable Transport Investment Plan (STIP) Fit‑for‑55
Interests Represented
Promotes their own interests or the collective interests of their members
Member Of
Formula 1® is a subsidiary of Liberty Media Corporation (NASDAQ: FWONA, FWONK, LLYVA, LLVYK) attributed to the Formula One Group tracking stock.
Commissioner Meetings
No recorded meetings with EU commissioners.