Licensing Executive, Consumer Products

Formula One Management Limited; Greater London; On-site; GBP 45,000 - 65,000; Full time

Benefits offered by this job

Private Healthcare scheme

Dental Care

Grand Prix passes

Maternity/paternity leave

Staff shuttle service

Free snacks

Canteen discount

25 days annual leave

Training opportunities

Merchandise discount

Experiences discount

Perkbox

Job summary

Formula One Management Limited is seeking a Licensing Executive to join the Licensing & Gaming team to drive commercial upside by expanding the consumer product licensing portfolio and engaging fans through strong brand partnerships.

You will lead account management for licensees across categories such as gaming equipment, toys, apparel, personal care and publishing, coordinating with internal teams to deliver revenue growth and timely product launches.

Qualifications

• Experience in the brand licensing industry, ideally working on consumer products.
• Bachelor's degree or equivalent is desirable.

Responsibilities

• Support the licensing programme to deliver fan engagement and revenue growth.
• Manage key licensees across consumer products with approvals, launches, reporting and logistics.
• Develop understanding of partner delivery timelines, objectives and KPIs.
• Assist in new partnerships and renewals through category research.
• Support CP team administration including tracker and orders.
• Collaborate with Marketing to identify fan-engagement opportunities and track performance.
• Coordinate product development and approvals from artwork to samples.
• Prepare presentations and collateral to monitor licensee performance.
• Keep up to date with industry developments and best practices.
• Build and maintain relationships with partners and stakeholders.

Skills

Relationship management

Attention to detail

Commercial mindset

Independent worker

People skills

Education

Bachelor's degree or equivalent

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

The Licensing Executive will sit in the Licensing & Gaming department to drive commercial upside and engage fans with Formula 1, through strong product and brand partners. This will involve supporting all partnerships within Formula 1’s existing Consumer Product licensing portfolio, including being the account lead for some licensees as well as supporting with new licensee development, in line with business objectives. Assist in the account management of key consumer product licensees, across a wide array of categories, including, but not limited to, gaming equipment, toys & collectibles, apparel & accessories, personal care and publishing. Work with internal departments to better support licensees and ensure we can deliver revenue growth through those licensees. Liaise with F1 teams and other external stakeholders to support the licensing programme and maximise opportunities.

Main Duties and Responsibilities

• Support the development of the Licensing programme to deliver key objectives in fan engagement and revenue growth.
• Support the management of key licensees across consumer products, including product approvals, product launches, financial reporting and logistics, developing key partner relations to support continued growth.
• Develop a deep understanding of partner delivery timelines, commercial objectives, growth strategies and KPIs.
• Support the wider team in agreeing new partnerships and renewals through category research.
• Contribute to administrative responsibilities for the CP team including, upkeep of the Licensee/Prospect tracker, salesforce, processing of internal and external F1 product orders and other ad-hoc requests.
• Work with team and the internal Marketing team to identify fan engagement opportunities that promote licensed product, tracking and monitoring their performance and success.
• Coordinate product development and approvals with internal teams to manage product development from artwork through to final production samples for a wide array of categories.
• Produce presentations and other collateral that help the wider team monitor licensee performance as well as to present to prospects.
• Remain up to date with the latest industry developments and best practices and support in category deep-dives when required.
• Build and maintain strong relationships with partners and stakeholders.

What Are We Looking For?

Personal qualities

• Excellent relationship management skills.
• Strong attention to detail.
• Commercially minded.
• Able to work independently and proactively to source new opportunities for licensees.
• Natural people skills with a high level of empathy and the ability to engage with a range of internal and external stakeholders.

Experience

Prior to the role it would be essential that you: Experience in the brand licensing industry, ideally working on consumer products is desirable.

Qualifications

Not essential to be successful in the role but you may also have the following qualifications: Bachelor's degree or equivalent.

Knowledge & Skills

• A solid understanding of the licensing ecosystem, ideally within the sports, entertainment, or lifestyle industries.
• Strong awareness of commercial partnership structures and licensing business models, with the ability to apply this knowledge in a commercial environment.

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.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 [e-mail].

Division: Commercial

Here’s how we roll. Formula 1® delivers the world’s greatest sports and entertainment spectacle with innovation, inclusivity, and sustainability at the heart of its future growth and value. As the global rights holders of this incredible sport our team delivers the 24-race calendar direct to our passionate fans around the globe. Everything you see on screen or at an event comes via our people at F1. Whether its engineering, broadcast, legal, logistics, security, event management, commercial, media rights, marketing, and communications there is always a driven and talented team working to maximise the potential of the sport. We are focused on delivering the best for our fans and partners while ensuring we do the right thing as a business, using the power of Formula 1 to make a positive contribution to the places we visit and to our own community. We work closely with stakeholders across the sport to leave a legacy of positive change both on and off the track. At the same time, our commitment to diversity, equity and inclusion helps ensure that everyone feels welcome and has the opportunity to thrive. This is Formula 1!