F1 Arcade
Offers an immersive Formula 1® racing experience with full-motion simulators, premium food and drinks, and an electric atmosphere for social gaming.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor | €0.0 | round |
| investor investor investor investor investor investor | €0.0 | round | |
* | $100m | Debt | |
| Total Funding | 000k | ||
| GBP | 2021 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| EBITDA | 0000 | 0000 |
| % EBITDA margin | - | (950 %) |
| Profit | 0000 | 0000 |
| % profit margin | - | (1025 %) |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Company filings or news article
An immersive, licensed Formula 1 racing simulation venue that combines the thrill of motorsport with a high-end hospitality experience. The company operates large-scale entertainment centers featuring full-motion racing simulators, allowing patrons to compete against each other in a socially competitive environment.
The business model is centered around pay-per-experience racing, complemented by significant revenue from a premium food and beverage offering, including cocktails and world-class cuisine. The venues are designed to be social hubs, attracting not only F1 enthusiasts but also a broader audience seeking a unique entertainment experience. This includes groups of friends, corporate events, and private parties.
The company also capitalizes on the global popularity of the Formula 1 brand by hosting live screenings of Grand Prix races, creating a vibrant atmosphere and an additional revenue stream. The target market is broad, encompassing motorsport fans, gamers, and the general public looking for a novel social outing. The company is in a growth phase, expanding its footprint from its initial London location to major cities in the United States.
Keywords: Location-based entertainment, Competitive socializing, Racing simulation, Formula 1, Hospitality, Experiential retail, Social gaming, Motorsport, Entertainment venue, Sim racing