FORMULA ONE WORLD CHAMPIONSHIP LIMITED

1. FORMULA ONE WORLD CHAMPIONSHIP LIMITED 2001-04-23 → present
2. MODELULTRA LIMITED 2001-03-07 → 2001-04-23

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the company or to cease operations, and as they have concluded that the company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").”

Group structure

1. FORMULA ONE WORLD CHAMPIONSHIP LIMITED · parent
   1. Formula One Management Limited 100% · England and Wales · Formula 1® management, administrative and technical services

Significant events

• “The 2024 Championship consisted of 24 events (2023- 22 events) with 15 "flyaway" events taking place outside Europe (2023- 14 events). The two additional events in the year were the Emilia Romagna Grand Prix at Imola, which had been cancelled in the prior year due to severe flooding in the region, and the return to the calendar of the Chinese Grand Prix for the first time since 2019.”
• “FI as a sport has long been at the forefront of innovation in the automotive industry, providing a unique platform to develop next generation technical solutions and able to influence positive change. The Group is committed not only to achieving its own sustainability ambitions, but also to using its platforms to continue encouraging sustainable innovation and pushing the boundaries of engineering alongside the world's largest car manufacturers, fuel providers and other stakeholders in the sport.”
• “The aim is that from 2026 Formula 1 cars will be powered by 100% advanced sustainable fuel and significant progress has been made towards the goal through the use of 55% advanced sustainable fuel in F2 and F3 in 2023 and 2024.”
• “The Group has set a Net Zero by 2030 commitment, with work underway to reduce scope 1 and 2 emissions and promote sustainable practices across its value chain.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +8.6%

  £1,491,309,118 → £1,619,159,377

• Cash

  +34.5%

  £693,370,645 → £932,524,833

• Net assets

  -19.9%

  £389,703,484 → £312,161,601

• Employees

  —

  Not reported

• Operating profit

  -9.9%

  £225,293,551 → £202,997,776

• Profit before tax

  -3.9%

  £257,945,145 → £247,891,030

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers