F1 reports first social impact review, scholarship boost

Formula 1 has reportedly published its first sport-wide Social Impact Report, with a reported £2.4m scholarship commitment through 2028/29.

Formula 1 has reportedly published its first sport-wide Social Impact Report, according to Formula1.com. The official site also reported a £2.4 million investment in the next phase of the Formula 1 Engineering Scholarship Programme, with funding set to run until the 2028/29 academic year.

Autosport and Motorsport.com reported that more than half a million young people worldwide benefited from Formula 1 programmes last year. Both outlets also said those 2025 initiatives reached participants from 71 countries, with the programmes aimed at education, inspiration and opening pathways into the sport.

As the story is supplied here as unconfirmed, those details remain reported rather than independently verified in this article. Across the three cited outlets, the common points are the publication of the first sport-wide report and the renewed scholarship funding.