56. Duncan Llowarch

While the spotlight in Formula 1 often shines on drivers, teams, and cutting-edge engineering, behind the scenes, it’s financial visionaries like Duncan Llowarch who keep the wheels turning. Serving as Formula 1’s Chief Financial Officer since 2002, Llowarch has quietly steered the sport through some of its most transformative periods.

From the days of private equity firm CVC Capital Partners to the high-profile acquisition by Liberty Media Corporation in 2017, Llowarch has been at the financial helm. His steady hand and deep expertise have helped Formula 1 evolve into a global entertainment powerhouse, balancing high-stakes investments with the sport’s ever-expanding ambitions.

Llowarch is a member of the Institute of Chartered Accountants in England & Wales and began his career at Ernst & Young in audit. That grounding in financial rigour gave him the strategic insight needed to navigate the complexities of an international sport with billions in annual revenue, a growing digital footprint, and a calendar that now stretches from Las Vegas to Singapore.

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Under his financial leadership, F1 has not only grown its fanbase across continents but also embraced innovation, from cost cap regulations and sustainability investments to expanding media rights and fan engagement strategies. His behind-the-scenes work enables the sport to focus on what fans love: thrilling races, technological advancements, and unforgettable moments on the track.

In many ways, Duncan Llowarch is to Formula 1’s boardroom what a race strategist is to the pit wall—calm, calculated, and always thinking several steps ahead.

As Formula 1 accelerates into new markets and embraces a future of hybrid technology, digital growth, and environmental responsibility, it’s clear that figures like Llowarch will continue playing a crucial role in shaping the sport’s next era—quietly ensuring that the business of racing is just as finely tuned as the cars on the grid.