Formula 1 Releases First Global Social Impact Report
The report highlights 500,000 students reached and a major scholarship expansion.
Updated on Oct. 28, 2026 in Motorsports
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Formula 1 has published its first sport-wide Social Impact Report, detailing educational initiatives reaching over 500,000 young people during the 2025 season. The document outlines collective efforts from F1, the FIA, all 10 teams, and race promoters to expand access to motorsport.
Why it matters
The report formalizes the sport's commitment to long-term community outreach and talent development. By investing in STEM and diversity initiatives, the organization aims to reduce financial barriers and increase professional opportunities for students from underrepresented backgrounds.
Formula 1 pledged £2.4 million to renew its Engineering Scholarship Programme, which will support 10 new scholars annually through 2029. This follows a 2025 season where 500,000 young people accessed educational programmes across 71 countries.
The players
Formula 1
This global motorsport organization manages the premier class of international open-wheel racing.
FIA
The Federation Internationale de l'Automobile serves as the governing body for international motorsport.
Cadillac F1 Team
This racing team has officially committed to the sport's diversity and inclusion standards starting in 2026.
The details
The report tracks contributions from Formula 1, the FIA, 10 teams, and 24 race promoters, including initiatives like the British Council's Learning Sectors. It also notes that the Cadillac F1 Team has signed the sport's Diversity and Inclusion Charter for the 2026 season.
Timeline
The Engineering Scholarship Programme was founded in 2021.
The Diversity and Inclusion Charter was signed in 2024.
The 2025 season saw 500,000 students reached by outreach programmes.
The Social Impact Report was published on October 28, 2026.
The scholarship programme extension is scheduled to end in 2028/29.
Season Trajectory
The Social Impact Report marks a follow-up action to the Diversity and Inclusion Charter signed in 2024. This initiative extends the charter's mandate to provide structured pathways for underrepresented groups entering the engineering pipeline.
Aspiring engineers can look toward the expanded scholarship cycle, which guarantees 30 total new spots through 2029. The programme provides full tuition coverage and exclusive access to the Formula 1 Media and Technology Centre.
The takeaway
This report establishes a formal baseline for measuring the sport's social reach beyond the track. Readers interested in STEM education or motorsport careers should track the annual scholarship application windows to take advantage of the expanded funding opportunities.
What happens next
Ten new scholars are scheduled to join the Engineering Scholarship Programme each year from the 2026/27 academic cycle through 2028/29.
Further reading
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