F1 Arcade raised $130M in growth financing to expand operations and development efforts.

Jul 12, 2024•over 1 year ago

Amount Raised

$130 Million

LondonHospitality

Investors

Oak NorthPermira CreditLiberty Media CorporationCheyne Capital

Description

F1 Arcade, a Chicago, IL-based F1® experiential hospitality brand, raised $130M in growth funding. Backers included Cheyne Capital, Liberty Media Corporation, Permira Credit and OakNorth. The company intends to use the funds to expand operations and its development efforts.

Company Information

Company

F1 Arcade

Location

London, England, United Kingdom

About

F1® Arcade, the world's first official premium F1® experiential hospitality brand, launched its flagship 16K square foot venue in London, overlooking St Paul's Cathedral, in December 2022. F1 Arcade brings all the excitement, glamour, and thrill of Formula 1 driving to the masses. Featuring 60 full-motion racing simulators, 2-reaction games, huge viewing screens, best-in-class food and cocktails, with an electric atmosphere. This is social gaming like you've not seen before.

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Funding Insights

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