Commercial Development Executive - Race Promotion

About Formula 1

Join Formula 1, an iconic sports and entertainment organization that has been innovating since its inaugural Grand Prix in 1950. With a legacy of over 75 years, F1 pioneers technology that extends well beyond the racetrack. Our dedicated teams across engineering, event management, commercial, marketing, and more collaborate to deliver the ultimate sports spectacle worldwide.

Role Overview

As a Commercial Development Executive within the Race Promotion team, you will support assessing, developing, and executing new race opportunities globally. This role reports to the Senior Commercial Development Manager and is based onsite in London.

Key Responsibilities

• Conduct strategic evaluations of potential new markets considering commercial viability, political contexts, and other factors.
• Continuously monitor relevant news and developments in key regions to inform engagements with local stakeholders.
• Prepare briefing documents to support senior leadership in discussions with prospective race hosts.
• Maintain and track a pipeline of race opportunities ensuring transparent visibility on progress and next actions.
• Develop frameworks and criteria to assess and select race opportunities.
• Support contract renewal strategies by analyzing commercial data and event feedback.
• Assist in preparing financial models and negotiation materials for promoter discussions.
• Create presentations and materials for senior leadership on long-term race strategy and calendar development.
• Contribute to high-priority projects within the Race Promotion department.

Candidate Profile

• Possess an international perspective with knowledge of geopolitics; language skills relevant to key F1 markets are highly advantageous.
• Eager to learn and committed to ongoing personal and professional growth.
• Hold a bachelor’s or master’s degree from a prestigious university.
• Have 2-4 years of experience in demanding cross-functional roles in sectors such as sports, strategy, or consulting.
• Preferred experience includes familiarity with commercial sports environments and an understanding of RFP and contracting processes.
• Excel in creating clear, detailed written materials consistently.
• Skilled at managing cross-functional relationships within commercial and operational F1 teams.
• Capable of prioritizing multiple tasks effectively to meet deadlines.
• Proactively identify and implement improvements to processes and commercial outcomes.

Benefits

• Access to private healthcare and dental plans.
• Four Grand Prix paddock passes per season.
• Enhanced parental leave and family planning support.
• Free shuttle services to nearby train stations.
• Free healthy snacks and subsidised cafeteria meals at Biggin Hill office.
• 25 days annual leave plus 8 bank holidays and additional Christmas closure.
• Learning and development opportunities with dedicated training programs.
• Discounts on official F1 merchandise and experiences including F1 Arcade and F1 Drive.
• Access to the Perkbox benefit portal and other employee perks.

Additional Information

Beware of recruitment fraud: Official communications will come only from @f1.com email addresses. No payment requests or outreach through personal email or messaging apps will be made. Report suspicious contact to recruitment@f1.com.