After the acquisition of the Formula 1 in early 2017 in the company Liberty Media said about the need to change office when Bernie Ecclestone was located on the street of Princes gate in Knightsbridge.
How, then, said the new Executive Director of Case Cary, the headquarters is too small and want to move to a more spacious building that can accommodate more employees.
We now know that the new location of the headquarters is St James, one of the most expensive areas of London. The office will be located on the fourth and fifth floors of the business center, owned by the Crown Estate, and will occupy an area of 21 000 square feet.
“We are pleased to welcome the Formula 1 market St James and look forward to long term collaboration,” commented chief Executive of The Crown Estate of Oliver Smith.
The General counsel Formula One Holdings Sasha Woodward hill added: “We welcome the opening of our headquarters in St James. Formula 1 is a global sport with an audience of 400 million, and London is the perfect place to create an international base of fans.
The new location will help in the transformation of our business and attracting talented professionals as we move forward.”
The move Formula 1 to the new headquarters, according to Bdaily, will be held at the end of this year.
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