Formula 1
Commercial Development Executive, Race Promotion
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Are you ready to make your mark in the world of Formula 1?
At Formula 1, we are passionate about delivering the world’s greatest sports and entertainment spectacle leaving a positive legacy wherever we race. Innovation has always been at the heart of what we do ever since our first Grand Prix in 1950. Now, more than 75 years on, the sport remains a pioneer, developing technologies that have made a significant impact on society beyond the track.
Everything you see on screen or at an event comes via our passionate and dedicated people. Whether it’s engineering, broadcast, legal, logistics, security, event management, commercial, media rights, marketing, or communications there is always a talented team working to maximise the potential of the sport.
Role Overview:
We are looking for a Commercial Development Executive to join our Race Promotion team. Reporting into our Senior Commercial Development Manager, this role will support evaluation, development and execution of race opportunities across Formula 1.
Main Duties and Responsibilities:
New Races
- Perform strategic analysis of potential new markets (commercial viability, political landscape, etc).
- Monitor current affairs and relevant news in key markets to guide engagement with local contacts.
- Draft briefing packs to inform senior leadership ahead of meetings with prospective race hosts.
- Track the pipeline of prospective race opportunities, ensuring visibility of status, next steps etc.
- Develop opportunity assessment processes (evaluation frameworks, selection criteria, etc).
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- Inform renewal strategy and deal priorities by analysing commercial metrics and event feedback.
- Support preparation of materials, including financial modelling, for negotiations with promoters.
Strategy and Projects
- Develop materials for senior leadership forums focused on long-term strategy and calendar evolution.
- Contribute to the delivery of high-priority projects across the wider Race Promotion team.
What Are We Looking For?
Personal Qualities
In this role it is essential that you are:
- An international outlook including a strong grasp of geopolitics and preferably an ability to speak languages relevant to key F1 markets.
- An appetite to learn and a commitment to personal development opportunities.
Qualifications
A strong academic record including a bachelor’s or master’s degree from a top university.
Experience
Prior to the role it would be essential that you:
- 2-4 years’ experience in high-performance cross-functional roles (sports, strategy, consulting etc.).
Some desirable experience that you may bring to the role:
- An understanding of the commercial sports landscape (Formula 1 and other major properties).
- A basic knowledge of RFP and/or contracting processes.
Knowledge & Skills
Prior to the role it is essential that you demonstrate the ability to:
- Deliver clear and succinct written materials with consistent attention to detail.
- Manage relationships with colleagues across F1 in both commercial and operational roles.
- Prioritise effectively when working simultaneously on multiple workstreams.
- Identify opportunities to optimise processes and commercial outcomes via proactive problem solving.
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Why join the force behind the sport?
Joining F1 means becoming part of a team that values innovation, collaboration and personal growth. We offer a dynamic work environment where ideas are heard, and employee contributions truly make an impact. We seek to recruit, develop, and retain the most talented people to play their role in accelerating the future of the sport.
As a member of the F1 team, you will be able to access our amazing benefits:
- Private Healthcare scheme
- Dental Care
- 4 x Grand Prix Paddock passes per season
- Enhanced maternity/paternity leave and other family planning policies
- A free staff shuttle service running to and from surrounding train stations near to Biggin Hill
- Free healthy snacks in our offices
- Subsidised canteen in Biggin Hill, serving breakfast and lunch
- 25 days annual leave and 8 Bank Holiday days, plus a Christmas period closure
- Opportunities to develop and request training for your role via our in-house Learning and Development team
- Discount on F1 merchandise
- Discount at F1’s experiences including F1 Arcade and F1 Drive
- Perkbox benefit portal and more.
Recruitment Fraud Warning
We only communicate with candidates through official @f1.com email addresses. We will never contact you via personal email accounts, messaging apps, or request payment as part of our recruitment process. If you receive suspicious communication claiming to be from our talent team, please report it to recruitment@f1.com.
Division:
Commercial
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