Commercial Development Executive, Race Promotion

Motorsport Network, LLC; Greater London; On-site; GBP 42,000 - 64,000; Full time

Benefits offered by this job

Private Healthcare scheme

Dental Care

25 days annual leave

8 Bank Holiday days

Staff shuttle Biggin Hill

Job summary

Formula 1 is seeking a Commercial Development Executive to join our Race Promotion team. You will support evaluation, development and execution of race opportunities across Formula 1, reporting to the Senior Commercial Development Manager.

Key duties include market analysis, renewal strategy, and financial modelling for promoter negotiations while contributing to long‑term strategy and calendar evolution. Ideal candidates have 1–3 years in high‑performance roles and an international outlook.

Qualifications

• Bachelor’s degree from a top university is required.
• 1–3 years experience in high‑performance cross‑functional roles (sports, strategy, consulting etc.).
• International outlook with geopolitics awareness, and languages relevant to key F1 markets.

Responsibilities

• Perform strategic analysis of potential new markets (commercial viability, political landscape).
• Monitor markets and news to guide engagement with local contacts.
• Draft briefing packs for senior leadership ahead of meetings with prospective race hosts.
• Track the pipeline of prospective race opportunities and ensure visibility of status and next steps.
• Develop opportunity assessment processes (evaluation frameworks, selection criteria).
• Inform renewal strategy and deal priorities by analysing commercial metrics and event feedback.
• Prepare materials including financial modelling for negotiations with promoters.
• Develop materials for senior leadership forums on long‑term strategy and calendar evolution.
• Contribute to high‑priority projects across the Race Promotion team.

Skills

International outlook

Languages

Strategic analysis

Education

Bachelor's degree

Job description

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 its 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).

Contract Renewals

• 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 have:

• 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 with a minimum of bachelor’s from a top university

Experience

Prior to the role it would be essential that you:

• 1-3 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

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 trains 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.comemail 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 [e-mail].

Division:

Commercial