Company Directory - Formula 1
Company Details - Formula 1

Formula 1
WebsiteLondon, United Kingdom
Formula 1 is the highest class of single-seater auto racing, known for its high-level competitions and global events.
CCI Score
CCI Score: Formula 1
-24.51
Latest Event
F1 Engagement with Authoritarian Regime in Rwanda
At a recent FIA Gala in Kigali, Rwanda, top Formula 1 executives, including FIA president Mohammed Ben Sulayem and FOM CEO Stefano Domenicali, publicly praised President Paul Kagame despite his authoritarian record and human rights violations. This event underscores F1’s continued willingness to host races in regimes where democratic freedoms are compromised, as also seen with previous races in Saudi Arabia and China.
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ACCOMPLICE
Formula 1 is currently rated as an Accomplice.
Latest Events
- DEC142024
At a recent FIA Gala in Kigali, Rwanda, top Formula 1 executives, including FIA president Mohammed Ben Sulayem and FOM CEO Stefano Domenicali, publicly praised President Paul Kagame despite his authoritarian record and human rights violations. This event underscores F1’s continued willingness to host races in regimes where democratic freedoms are compromised, as also seen with previous races in Saudi Arabia and China.
-70
Executive Political Engagement
June 19
The public engagement and overt praise by F1 executives for President Paul Kagame—an authoritarian leader responsible for widespread human rights abuses—reflects an endorsement of authoritarian practices for commercial gain. This decision, in light of previous choices to race in repressive regimes, highlights a troubling prioritization of revenue over ethical responsibilities and human rights.
Formula 1 is driving itself into the arms of a dictator in Rwanda
- NOV142024
The article details Formula One’s strategic expansion into authoritarian host countries like Bahrain, Qatar, and Saudi Arabia, raising serious concerns over sportswashing, suppression of dissent, and labor exploitation, thereby implicating the company in supporting repressive regimes.
-40
Public and Political Behavior
June 19
Formula One’s decision to continue hosting events in regimes known for censorship and political repression indirectly legitimizes authoritarian practices. This alignment promotes sportswashing, wherein profits are prioritized over human rights and democratic principles.
-50
Labor Relations and Human Rights Practices
June 19
The expansion into countries with a track record of severe labor abuses, including exploitation and repression of migrant workers, underscores Formula One's ethical failings in safeguarding labor rights and upholding human dignity.
- FEB262024
Multiple human rights organizations sent a letter to F1 CEO Stefano Domenicali ahead of the Bahrain Grand Prix, urging an independent inquiry into the company's role in facilitating sportswashing and its complicity in overlooking Bahrain's human rights abuses. The letter highlights failures to adequately address violent suppression, whitewashing of police actions, and misleading public communications regarding the Bahraini government's actions.
-50
Public and Political Behavior
June 19
F1's continued engagement in Bahrain amid pervasive human rights violations shows a concerning alignment with regimes that use sportswashing to divert attention from authoritarian practices. The lack of proactive measures to counter such abuses places the company in a negative light under public and political behavior.
Rights Groups Letter to F1 CEO Ahead of Bahrain Grand Prix: 20 Years of Sportswashing
-30
Business Practices and Ethical Responsibility
June 19
F1's insufficient response to repeated human rights concerns—despite public claims of respect for human rights—reflects poor business practices and ethical responsibility. The failure to commission an independent inquiry aggravates the issue, maintaining a status quo that benefits an authoritarian regime.
Rights Groups Letter to F1 CEO Ahead of Bahrain Grand Prix: 20 Years of Sportswashing
-40
Media Influence and Propaganda
June 19
F1’s reluctance to correct misleading information about critical incidents and its reliance on statements that downplay serious abuses contribute to a narrative that obscures the truth about Bahrain's human rights environment. This approach undermines transparency and aids in propagating state-sanctioned repression.
Rights Groups Letter to F1 CEO Ahead of Bahrain Grand Prix: 20 Years of Sportswashing
- NOV222023
During the Las Vegas Grand Prix, Formula 1's high-profile event inadvertently provided leverage to the Culinary and Bartenders Union, helping tens of thousands of hospitality workers secure better contracts with major casinos, including significant wage hikes and improved labor protections.
+80
Labor Relations and Human Rights Practices
June 19
The scheduling of the Las Vegas Grand Prix played a pivotal role in empowering union negotiators by increasing the bargaining power of workers. The resulting labor contracts, which include substantial wage increases and enhanced protections, align with strong labor rights and human rights practices, yielding a positive impact from an anti-fascist perspective.
How Formula 1 accidentally helped Las Vegas workers land the 'best contract ever'
- MAR152022
Human rights groups have accused Formula 1 of ignoring human rights abuses in Bahrain, claiming the organization has failed to engage with civil society and is sportswashing continued institutionalized repression in the country, despite signing a long-term race contract.
-50
Public and Political Behavior
June 19
F1 has been criticized for not engaging with civil society regarding human rights abuses in Bahrain. This neglect in addressing political and social responsibilities contributes to an environment that favors authoritarian practices, reflecting negatively on its public and political behavior.
-40
Business Practices and Ethical Responsibility
June 19
By continuing to host races in Bahrain despite substantial evidence of human rights abuses and ignoring calls to review its contracts, F1 demonstrates a disregard for ethical business practices and social responsibility.
- MAR142022
F1 has been accused of ignoring documented human rights abuses in Bahrain following the awarding of a new 15‐year contract for the Bahrain Grand Prix, despite prior statements about upholding high ethical standards. Critics, including the Bahrain Institute for Rights and Democracy, note a double standard given F1's cancellation of the Russian Grand Prix contract after the invasion of Ukraine.
-50
Public and Political Behavior
June 19
F1's failure to address human rights concerns publicly by awarding an extended race contract in Bahrain demonstrates a problematic stance in its public and political behavior. The decision contradicts prior claims and signals a willingness to overlook human rights abuses for economic gain.
Bahrain Grand Prix: Formula 1 accused of ignoring abuse and suffering
-70
Economic Collaboration
June 19
By awarding a 15-year contract to hold the Bahrain Grand Prix, F1 is economically engaging with a regime accused of severe human rights abuses, highlighting a double standard in its operational ethics. This economic collaboration with an authoritarian government undermines its credibility regarding human rights commitments.
Bahrain Grand Prix: Formula 1 accused of ignoring abuse and suffering
- OCT172017
A 2017 article details inquiries by the Serious Fraud Office and MPs concerning the Concorde Implementation Agreement, which involved a controversial £5m payment to the FIA. The payment has raised allegations of bribery and unethical practices within Formula 1's governance structure, prompting scrutiny over the sport's ethical standards.
-70
Business Practices and Ethical Responsibility
June 19
The article draws attention to the questionable business practice where a substantial payment was made to the FIA under the Concorde Implementation Agreement. This payment, coupled with past bribery allegations, indicates potential ethical lapses in Formula 1's corporate conduct, undermining regulatory accountability and transparency.
- OCT132008
In 2008, controversy emerged over Formula 1's political influence when boss Bernie Ecclestone donated £1m to Labour. The donation and subsequent high-level discussions, including meetings between Ecclestone and Prime Minister Tony Blair, led to efforts to secure a permanent exemption for Formula 1 from the tobacco advertising ban, raising serious questions about undue corporate influence in politics.
-80
Political Contributions and Lobbying Efforts
June 19
Formula 1's involvement in political fundraising, demonstrated by Bernie Ecclestone’s £1m donation to the Labour party, exhibits a clear case of corporate meddling in politics. This donation helped facilitate controversial regulatory exemptions, thereby undermining ethical political conduct.
Blair under fire as row over F1 and party donation resurfaces
-60
Executive Political Engagement
June 19
The incident also underscores problematic executive political engagement, highlighted by high-level meetings between Tony Blair and Formula 1 representatives. These discussions over obtaining a permanent exemption for Formula 1 suggest an undue melding of corporate interests with executive decisions.
Blair under fire as row over F1 and party donation resurfaces
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Corporate Financials
- Revenue
- 2025
- $2.30B
Industries
- 485999
- All Other Transit and Ground Passenger Transportation
- 711211
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- 711219
- Other Spectator Sports