Formula One Group

Formula One Group
FormerlyFormula One Constructors Association
Company typeSubsidiary
NasdaqFWONA (Series A)
OTCQBFWONB (Series B)
NasdaqFWONK (Series C)
FWBLM0D (Series A)
FWBLM0F (Series C)
Russell 1000 components (FWONA, FWONK)
ISINUS5312298707
US5312298541
US5312297717
US5312297550
IndustryMotorsport
FounderBernie Ecclestone
Headquarters
2 St. James's Market, London, U.K.
Area served
Globally
Key people
BrandsFormula 1
Formula One Paddock Club
OwnerLiberty Media
SubsidiariesDorna Sports, S.L. (86%) (Pending)
Formula One World Championship Limited
Formula One Promotions and Administration
Formula One Management (FOM)

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, 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]

  1. ^ "Merger Procedure Article 6(1)(b) Decision" (PDF). European Commission. 20 March 2006. Retrieved 20 February 2011.
  2. ^ "Bernie Ecclestone removed as Liberty Media completes $8bn takeover". BBC Sport. 23 January 2017. Retrieved 23 January 2017.
  3. ^ "Senior Management". corp.formula1.com. January 2021. Retrieved 8 January 2021.