Business Description
Formula One Group, a subsidiary of Liberty Media Corporation, owns and manages the commercial rights to the FIA Formula One World Championship ? a nine-month racing competition held each year in which teams and drivers battle for their respective world titles. Beyond the races themselves, the company handles broadcasting, digital content, freight, travel logistics, and on-site technical support across all Formula 1 events worldwide. It also runs several related programs, including the Paddock Club hospitality offering and the F2, F3, and F1 Academy racing series. Founded in 1950 and based in Englewood, Colorado, the company operates across the United States, the United Kingdom, Spain, and numerous other countries.
