Environmental, Social, and Governance (ESG) issues, particularly sustainability, are becoming essential topics within the Formula One (F1) community. This focus on data-driven sustainability in F1 makes their approach relatable to businesses facing similar leadership, innovation, and ESG integration challenges.
What is Formula 1?
For those who may not be familiar, F1 stands for Formula 1, which is the highest international racing class for open-wheel, single-seater formula racing cars. Governed by the Fédération Internationale de l'Automobile (FIA), it has been a premier motorsport since its inception in 1950. The term "formula" refers to a specific set of rules that all participating cars must follow, while the "1" designates it as the top-tier racing series.
Overview of Formula 1
Formula 1 Races:
Formula 1 consists of a series of races known as Grands Prix, held on various circuits worldwide, including purpose-built tracks and closed public roads. Notable track locations include Monaco, Silverstone, and Monza.
Formula 1 Teams and Drivers:
Currently, there are ten teams, each fielding two drivers, resulting in a total of 20 drivers competing in each season. These teams are comprised of engineers, mechanics, and strategists who work together to optimise car performance and race strategies.
Current F1 Teams (2024)
- Red Bull Racing, Austria 🇦🇹 Drivers: Max Verstappen, Sergio Perez
- Mercedes, Germany 🇩🇪 Drivers: Lewis Hamilton, George Russell
- Ferrari, Italy 🇮🇹 Drivers: Charles Leclerc, Carlos Sainz
- McLaren, United Kingdom 🇬🇧 Drivers: Lando Norris, Oscar Piastri
- Aston Martin,
