F1 releases first sport-wide Social Impact Report and renews Engineering Scholarship funding
Formula 1 has published its first sport-wide Social Impact Report and confirmed a £2.4 million commitment for the next phase of its Engineering Scholarship Programme. Reported figures said more than 500,000 young people benefited from F1 programmes last year, with participants from 71 countries involved in 2025 initiatives.
Formula 1 has unveiled its first sport-wide Social Impact Report. Alongside the report, it announced a £2.4 million investment in the next phase of the Formula 1 Engineering Scholarship Programme, covering up to the 2028/29 academic year.
Reports said more than half a million young people around the world benefited from F1 programmes last year. In 2025 initiatives focused on education, inspiration and creating routes into the sport, young people from 71 countries took part.
The scholarship programme has also been renewed with a three-year funding commitment. The announcement links that continued support with the publication of F1's first sport-wide report on its social impact.
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