Skip to main content

Several Formula 1 teams have reportedly withdrawn from next year's Sim Racing championship, with insiders suggesting Formula One Management may be preparing to sell the series.

Formula 1's official esports championship appears to be in serious trouble, with multiple teams reportedly withdrawing from the next F1 Sim Racing season and uncertainty growing over whether the series will continue in its current form.

Esports specialist site Traxion reports it has verified that several Formula 1 teams have already withdrawn from the next F1 Sim Racing season, with McLaren and Williams apparently among them and three more preparing to follow.

The same original rumour claimed Formula One Management wants to sell the entire esports operation.

Traxion reports that F1 is believed to be working on "something else" for virtual racing, but that teams have not yet been told what that means.

Sim racing news site OverTake has separately reported that multiple esports drivers have already been released by their teams. It also reports an unverified paddock claim that the new Concorde Agreement may no longer oblige F1 teams to operate esports programs, potentially explaining the sudden withdrawals.

The uncertainty represents a dramatic turnaround from only six months ago. In March, Formula 1 opened a new dedicated Sim Racing facility at its Biggin Hill HQ, offering a $750,000 prize fund across the 2026 championship.

F1 Esports at a glance
2026 prize fund$750,000
Facility openedMarch 2026, Biggin Hill
Teams reportedly outMcLaren, Williams & 3 more
Claimed causePossible FOM sale of series
SourcesTraxion, OverTake

Related: F1 Esports Series 2025: The Thriving Future of Online Racing

Share this article

What's your F1 fan opinion?

Please follow our commenting guidelines.

Most recent 10 F1 News items:

✅ Check out all our F1 News & Updates  »

Join our FREE weekly F1 Newsletter

Enter your email address & confirm your subscription

Get Your Tickets For Next Events

Latest Column

Last Classification

Newest Sound or Podcast