In 2019, Formula 1 launched its Sustainability Strategy, setting out the following ambitions:

1. To achieve Net Zero Carbon by 2030: including delivering 100% sustainable fuels.
2. To leave a legacy of positive change wherever we race.
3. To take steps to build a more diverse and inclusive sport by removing barriers, nurturing talent, and inspiring change.

Innovation, inclusivity, and sustainability at the heart of our future growth and values at Formula 1 and the attached document provides an update on the progress F1 has made throughout 2022.

Stefano Domenicali, President and CEO of Formula 1, said:

“We are committed to making Formula 1 more sustainable and increasing diversity and opportunity across this incredible sport. We remain focused on these very important objectives and have continued to make strong progress in 2022. We have delivered important initiatives on our journey to be Net Zero Carbon by 2030, expanded our scholarship programme for underrepresented groups and announced the F1 Academy that will provide opportunities for young female drivers to begin their journeys to the highest levels of our sport. We are proud of what we are delivering, but we know we must continue to make progress and deliver positive lasting change for Formula 1.”

Ellen Jones, Head of Sustainability at Formula 1, said:

“We’re now three years into our journey to Net Zero by 2030 and it’s fantastic to see the progress that’s been made already. The work that’s going on behind the scenes to bring this strategy to life is tireless and we are confident that we are building strong foundations for the future of our business and sport. Thank you to everyone across Formula 1, from our fans, teams, race promoters, and many more, for your efforts this year as we build a more sustainable and inclusive business. We look forward to working with you even more in the next year.”