Formula 1 has pledged more than £2.4 million to extend its Engineering Scholarship programme for a further three academic years, covering students from 2026/27 through to 2028/29.
The renewal builds on a scheme that has existed since 2021, with 48 students already having benefited from its support, which removes financial and accessibility barriers to higher education.
Ten scholars will be funded every academic year, with their full tuition fees and living costs met in full across the three-year commitment period.
Places are available at five institutions: the University of Strathclyde, Imperial College London, the University of Cambridge, the University of Oxford, and MUNER in Italy.
The scholarship announcement coincides with F1 releasing its first-ever sport-wide Social Impact Report, which draws together data from across the entire motorsport ecosystem for the 2025 season.
For the first time, the contributions of the FIA, all 10 Formula 1 teams and 24 race promoters have been compiled into a single document, structured around the recommendations of the Hamilton Commission.
The Hamilton Commission was launched by seven-time world champion Lewis Hamilton alongside the Royal Engineering Academy in 2021, with the goal of widening access to motorsport for underrepresented groups.
Among the report’s headline figures, more than 500,000 young people from 71 countries engaged with F1-related education, STEM and inspiration programmes throughout 2025.
Over 29,000 schools now compete annually in the STEM Racing global education initiative, while more than 700 schools across the UK, South Africa, India and Brazil took part in the British Council’s Learning Sectors programme.
Elsewhere, 2,500 young people joined activities delivered directly at Formula 1 race events, 140 attended F1 Academy workshops, and more than 50 wishes were granted through F1’s partnership with Make-A-Wish.
Every signatory to the sport’s Diversity and Inclusion Charter delivered a social impact programme during the year, and more than 1,000 skills and talent development opportunities were created spotlighting motorsport and related industries.
F1 CEO Stefano Domenicali pointed to the breadth of collaboration behind the numbers, saying: “We are turning our commitments into action, working across motorsport to break down barriers and widen access for future generations.”
He also stressed the ambition underpinning the scholarship renewal: “By renewing the Formula 1 Engineering Scholarship for a further three academic years and investing in young people and communities, we will open more doors, nurture talent and inspire the next generation to believe that a future in Formula 1 is within their reach.”
FIA president Mohammed Ben Sulayem framed the report as evidence of what collective effort can achieve, stating: “This report demonstrates the strength of collaboration across our community in reaching more than 500,000 young people worldwide.”
The publication of the report marks a significant step in making F1’s social commitments measurable and transparent, giving all stakeholders a unified picture of the sport’s off-track reach for the first time.