Formula 1 released first sport-wide Social Impact Report
NXTbets Pro | Published On: October 28, 2026
Social impact report
Formula 1 published its first sport-wide Social Impact Report, bringing together work from Formula 1, the FIA, all 10 teams and 24 race promoters in one place. The report said more than 500,000 young people in 71 countries benefited from the series’ education, STEM and outreach programs. It also highlighted initiatives linked to the Hamilton Commission and Formula 1’s Diversity and Inclusion Charter, giving the sport a broad picture of how it said it was trying to widen access and opportunity. The report framed those efforts as part of the same effort, from central Formula 1 programs to race-weekend activity at grands prix. That made the document more than a summary of community work. It became a record of how the championship wanted to measure its social footprint alongside the racing itself. By combining the contributions of the governing body, the teams and the promoters, Formula 1 presented the work as a shared effort across the sport rather than a collection of separate projects. The result was a report that linked education, outreach and inclusion into one public account of impact.
Engineering scholarship programme
Formula 1 also renewed its Engineering Scholarship programme for three more academic years and backed it with more than £2.4 million in funding. The scholarship supported students from underrepresented backgrounds by covering tuition and living costs, while also giving them placements and behind-the-scenes access to Formula 1. The programme had already supported 48 students, and the renewal kept that pipeline open with 10 new scholars joining each year. The scholarships were to be available at the University of Strathclyde, Imperial College London, the University of Cambridge, the University of Oxford and MUNER in Italy. That spread gave the programme a reach across institutions in Britain and Italy. The structure was direct. Formula 1 paid for study, built in work experience and created a clearer route into the sport’s technical side. The scholarship started as an access point. The renewal turned it into a longer-term commitment, with funding and placements tied to the same goal of helping more students move into engineering careers.
Global outreach
Formula 1’s outreach also ran through all 24 host grands prix, giving the sport a presence at every race on the calendar. The Next Grand Prix initiative had placed more than 600 students and stood as one of the clearest examples of that effort. It connected Formula 1’s broader education push with race weekends, linking the sport’s global stage to young people who could take part in its programs. That reach mattered because it extended the report beyond scholarships and central initiatives. The sport was showing that its impact work touched the championship’s full structure, from the teams and promoters to the people who met the sport at the track. The report tied that together with its education, STEM and outreach work and presented a consistent message. Formula 1 wanted to show that access was part of the business of the sport, not a side project. The numbers backed up the scale of the effort. Together, those initiatives showed the breadth of Formula 1’s impact work.
