Following the launch of Formula 1’s #WeRaceAsOne initiative earlier this week, the sport has now announced details on its latest initiative, termed as Task Force.
Formula One has recently introduced its #WeRaceAsOne initiative with which the sport intends to address global problems. The recent issues, mainly the novel coronavirus outbreak and the inequity urged Formula One to take further action to improve opportunity and have a positive impact on the world we live in.
The sport has now announced details on the Task Force initiative that is part of the #WeRaceAsOne programme. The Task Force is set to introduce measures to increase diversity and inclusion across Formula 1. The latest initiative that will be established over the next few months will be specifically focussed at identifying the employment and education opportunities for under-represented groups across Formula 1, including STEM careers, and the required actions to address these findings.
The Task Force will also create a foundation to finance internships and apprenticeships for groups that are under-represented within the sport. The initial start-up funding for this foundation will be $1m and will be provided in full by a personal contribution from Formula 1 Chairman and CEO, Chase Carey.
Carey said: “We fully recognise that Formula 1 needs to be more inclusive and diverse. While we set out our strategy last year to improve the position of our sport, we need, and want, to do more.
"That is why we will establish a Task Force to listen and ensure the right initiatives are identified to increase diversity in Formula 1. We want to ensure we give people from all backgrounds the best chances to work in Formula 1 regardless of their gender, ethnicity, sexual orientation, or physical abilities.
"We are therefore also taking the initial step of creating a foundation to support key educational and employment opportunities across Formula 1 that will give under-represented talent the chance to work in this incredible sport and build an exciting career,” he concluded.