F1 moves London HQ to larger Westminster office

Formula 1 is relocating its global headquarters to a new, significantly larger office building in London's Westminster early next year, marking its second major move since Liberty Media's takeover. The new 40 Broadway location will consolidate approximately 300 staff into a single, modern nine-story building, a substantial upgrade from its current leased space.

Why it matters:

The move signals F1's continued growth and financial health under Liberty Media, representing a major long-term commitment to its London base. It also reflects the sport's expanding operations and headcount since the 2017 acquisition, requiring a workspace that matches its global scale and prestige.

The details:

• The new headquarters at 40 Broadway offers 93,500 sq ft of space, more than quadrupling the 21,000 sq ft F1 currently occupies at 2 St James’s Market.
• F1 has leased the entire, brand-new Grade-A office development, which features roof terraces with views of St James’s Park, Buckingham Palace, and the Houses of Parliament.
• The building was speculatively developed by Tellon Capital on the site formerly occupied by failed shopping center operator Intu.
• F1 President and CEO Stefano Domenicali framed the move as a "major statement" of commitment to London and the UK, home to nine of the eleven F1 teams.

What's next:

The relocation is scheduled for early 2025. The state-of-the-art, environmentally friendly facility is designed to support F1's future operational needs as the sport continues to grow its commercial and media footprint globally, solidifying London's status as the administrative home of the championship.