At a Glance
- Tasks: Support the evaluation and execution of exciting race opportunities in Formula 1.
- Company: Join the iconic Formula 1 team, a leader in sports innovation.
- Benefits: Enjoy private healthcare, free snacks, and 25 days annual leave.
- Other info: Opportunities for personal growth and development in a collaborative environment.
- Why this job: Be part of a dynamic team that shapes the future of motorsport.
- Qualifications: Bachelor’s degree and 1-3 years in high-performance roles required.
The predicted salary is between 51750 - 63250 £ per year.
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.
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
- 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
- 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
- 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.
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.
Commercial Development Executive, Race Promotion in London employer: Motorsport Network, LLC
Red Bull Racing & Technology is an exceptional employer, offering a dynamic work environment in the heart of Milton Keynes where innovation and teamwork thrive. Employees benefit from a culture that encourages creativity and professional growth, with opportunities to work on cutting-edge technology in motorsport. The company also provides competitive benefits and a collaborative atmosphere that fosters both personal and career development.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Development Executive, Race Promotion in London
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Look for case competitions hosted by universities and consulting firms. They’re a fab way to showcase your problem-solving skills and meet industry players. Plus, winning one can seriously boost your CV, which we know is key when applying for roles like Commercial Development Executive, Race Promotion at Motorsport Network, LLC!
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Engage with online platforms that offer consulting simulations or courses. Prove your chops by completing relevant projects — this not only beefs up your experience but also gives you concrete examples to chat about during interviews for that full-time Commercial Development Executive, Race Promotion role at Motorsport Network, LLC!
We think you need these skills to ace Commercial Development Executive, Race Promotion in London
Some tips for your application 🫡
Show Your Problem-Solving Skills:In management consulting, it's all about problem-solving—so make sure your CV highlights your analytical and critical thinking skills. Include examples from your studies or previous roles where you tackled complex issues or came up with innovative solutions. Quantify your achievements whenever possible to demonstrate your impact!
Tailor Your Cover Letter:Your cover letter is your chance to explain why you're a perfect fit for the consulting world. Focus on your motivation for joining the industry and how your skills align with the requirements of the role at Motorsport Network, LLC. Remember to mention any relevant coursework or projects that showcase your understanding of strategic frameworks or business models!
Highlight Team Experience:Consultants often work in teams, so it's vital to showcase your collaborative skills. Include experiences where you've worked effectively with others, whether in academic group projects or internships. Discuss your role in the team and how you helped achieve common goals, demonstrating you can thrive in a consultancy environment.
Professionalise Your Online Presence:Make sure your LinkedIn and any other professional profiles are up to date, reflecting your career aspirations in management consulting. Connect with industry professionals and follow relevant groups—show you’re serious about entering this field. Applying through our website is a great way to get noticed, so showcase your personality and enthusiasm there!
How to prepare for a job interview at Motorsport Network, LLC
✨Master the Case Study Game
In management consulting, case study interviews are all the rage. Make sure to practice structuring your thoughts and analysing data on the fly. Use resources like example case studies to get comfortable with frameworks and solutions. Remember, it’s not just about getting the right answer but showcasing your thought process, so talk us through your reasoning!
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As this is a full-time role, we want to see your potential as a seasoned consultant. Be ready to discuss experiences where you've led a project or a team. Think about times you've influenced decisions or navigated challenges—this is your chance to show how you can thrive in a fast-paced, collaborative environment.
✨Be a Cultural Fit
We’re not just looking for brains; we want to see if you vibe with our company culture at Motorsport Network, LLC. Prepare to share how your values align with ours. Have a think about what makes a great team environment for you and how you can contribute to that. A good cultural fit goes a long way in management consulting!
