.svg) | |
| Formerly | Formula One Constructors Association |
|---|---|
| Company type | Subsidiary |
| Nasdaq: FWONA (Series A) OTCQB: FWONB (Series B) Nasdaq: FWONK (Series C) FWB: LM0D (Series A) FWB: LM0F (Series C) Russell 1000 components (FWONA, FWONK) | |
| ISIN | US5312298707 US5312298541 US5312297717 US5312297550 |
| Industry | Motorsport |
| Founder | Bernie Ecclestone |
| Headquarters | 2 St. James's Market, London, U.K. |
Area served | Globally |
Key people |
|
| Brands | Formula 1 Formula One Paddock Club |
| Owner | Liberty Media |
| Subsidiaries | Dorna Sports, S.L. (86%) (Pending) Formula One World Championship Limited Formula One Promotions and Administration Formula One Management (FOM) |
| Formula One |
|---|
The Formula One Group is a group of companies responsible for the promotion of the FIA Formula One World Championship, and the exercising of the sport's commercial rights.[1]
The Group was previously owned by Delta Topco, a Jersey-based company owned primarily by investment companies CVC Capital Partners, Waddell & Reed, and LBI Group, with the remaining ownership split between Bernie Ecclestone, other investment companies, and company directors. It was bought by Liberty Media in 2017.[2]
Ecclestone, a former Formula One team boss, spent 40 years as chief executive of the company after gaining control of the commercial rights. As of January 2021[update], the group is run by Stefano Domenicali as president and chief executive officer. Chase Carey, who previously ran the group from 2017 to 2020, is non-executive chairman.[3]
- ^ "Merger Procedure Article 6(1)(b) Decision" (PDF). European Commission. 20 March 2006. Retrieved 20 February 2011.
- ^ "Bernie Ecclestone removed as Liberty Media completes $8bn takeover". BBC Sport. 23 January 2017. Retrieved 23 January 2017.
- ^ "Senior Management". corp.formula1.com. January 2021. Retrieved 8 January 2021.