F1 in Schools project

F1 in Schools is a competitive entrepreneurship education program that replicates the challenges of the Formula 1 race. Young people challenged to start a team-based business and use a variety of technology resources to design and produce a prototype of a small formula one car. 

The program consists of forming teams with 12-19 year old members that form a team and simulate all the stages for the establishment of a micro company: strategic and financial planning, elaboration of a 20 cm car, marketing and communication, team work and creativity, partnership building and resource management.

The Formula 1 in Schools project is one of the largest STEMs in the world (science, technology, engineering, and mathematics - project involving these disciplines together) which has the involvement of over 20 million students from 40 different countries.