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Two-times Formula One World Champion Mika Hakkinen scored titles in 1998 and 1999 for the all-conquering McLaren-Mercedes Benz team.
With 20 Formula One race victories and 51 top-three podium finishes to his credit, he ranks among the most successful drivers of all time and is widely regarded as one of the fastest drivers of the modern era.
He remains a much-admired member of the McLaren Formula 1 team, is an official ambassador of the Formula 1 World Championship and is a familiar face to fans in Europe through his broadcasting work on Viaplay.
From his very first Formula One drive in an uncompetitive Lotus in Phoenix in March 1991, it was clear that Hakkinen possessed the talent to reach the top. The blond Finn was a graduate of karting, winning the British Formula 3 Championship in 1990.
At the end of 1992, Hakkinen was signed as test driver for the 1993 season by McLaren, supporting Ayrton Senna and Michael Andretti. When Andretti left the team in September of that year, Hakkinen took his seat and celebrated his F1 debut by out-qualifying the great Senna in Portugal.
He spent 1994 and 1995 developing his skills, taking over as team leader when Senna left for Williams. His life was threatened by a serious accident at the 1995 Australian Grand Prix in Adelaide but the quick actions of medical crews led to a full recovery.
Mika won his first Grand Prix in Jerez, Spain, in 1997, collecting his first World Championship in style in 1998. He won eight of the 16 races. Although 1999 was a tougher year, he came back strongly, scoring a further five Grands Prix victories en route to retaining his crown at the final race of the season.
By then he was well established as the only man capable of out-racing Michael Schumacher and the German star publicly recognised this. Mika’s confidence in racing Schumacher wheel-to-wheel was most famously illustrated by a 300kph overtaking manoeuvre during the Belgian Grand Prix in 2000. Today it is regarded as one of the greatest overtaking manoeuvres in F1 history.
In 2000, however, Ferrari produced a very quick car and although Hakkinen won a further four Grands Prix, the World Championship went to Schumacher. Further victories in the British and United States Grands Prix in 2001 demonstrated that Mika’s performances remained at their peak, however he retired from Formula 1 racing at the end of that year.
Mika subsequently competed in the German Touring Car Championship until 2007. Since then he has remained closely involved in Formula 1 through brand ambassadorships and business interests including driver management. In 2022 he joined the Viaplay F1 broadcast team in the nordic region, providing expert insights. He continues to be a familiar presence at Grands Prix and one of the most popular personalities in Formula 1.
The requirements of Formula One’s team leaders have changed significantly in recently years as teams have become larger, more complex, and the business model to which the sport operates has been transformed. The leaders in F1 today are responsible for leading up to 1800 full time employees, creating a high-performance organisation which is fully aligned behind a strategy aimed at achieving a set of well defined, ambitious goals.
Competitive team leaders create a culture in which team personnel take responsibility and are happy to be held accountable for their performance. Developing a high degree of psychological safety is key, requiring staff to speak up and speak out, with strong cross functional communications. A relentless focus on continuous improvement is part of the F1 leaders mindset, and teams take a data-driven approach to measuring performance, highlighting issues and analysing developments. But whilst F1 is a technocentric sport, the successful leaders recognise that it is the people who make a difference. This is why so much effort is deployed to create an environment within which employees thrive, using their combined talents to problem solve and create highly innovative solutions in order to drive competitive advantage.
Competitive Formula One teams comprise 1800 staff, less than 10% of whom attend the race events, so teamwork requires complete alignment, shared purpose and close collaboration across the business. The world championship includes 24 Grands Prix and these represent a series of non-negotiable deadlines which the entire organisation has to meet in terms of car development, hardware and software upgrades. The ultimate, public example of high-performance teamwork comes in the form of the mandatory pit stops which have to be performed during a race – the record now stands at 1.8 seconds during which 22 staff carry out 36 tasks under extreme pressure. Alignment behind the team’s strategies and ambitious goals is vital, so too having the agility to flex the strategy in the face of constant changes in technology and the performance of competitors.
More than any other sport, Formula One has embraced a data-driven business culture, particularly with its near obsession with marginal gains and continuous improvement. F1 teams use data to enable drivers, engineers and HQ staff to determine precisely how the car and driver is behaving, diagnose issues, resolve problems and speed up decision making. As information flows seamlessly around the globe, linking car, team and factory, tech security is essential and robust systems ensure protection from multiple threats.
The use of simulators has transformed driver training, enabling systems to be learned, tested and developed in a virtual environment prior to real-world deployment. And with the advent of additive manufacturing, machine learning, AI and GenAI across F1, the sport’s use of technology to innovate and transform all aspects of its operations is set to accelerate further.
Safety is a first order priority in Formula One and the last 30 years have seen a profound change to the way in which the sport manages risk. Between 1950 and 1994, there were over 40 driver fatalities at races; there has been one since. This has been made possible by creating clear priorities as regards safety. Compliance is non-negotiable. Safety is not an area of competitive advantage. Safety systems, processes and technologies are shared so that F1 doesn’t have islands of excellence in oceans of mediocrity.
However, the risk averse teams never win in F1 – the teams which embrace and manage risk are more likely to try new things, innovate in ways both small and large, and ultimately drive competitive advantage. It’s the difference between participating and competing. The other factor is ‘fear of failure’. Teams that have a blame culture create such a degree of fear that everyone minimises their contribution and hides their mistakes, whereas those which thrive on creating a learning environment of continuous improvement have a degree of openness, honesty and transparency which promotes creativity and innovation, and taking risks, in a controlled way.
Formula One motor racing has placed safety at the centre of its regulatory, technical and operational focus for over 30 years, but it has been the cultural shift among these high performing teams of men and women competing at the forefront of the world championship which has had the greatest impact on the sport’s safety revolution.
Given the importance of human factors and behaviours in managing risk, ensuring safety and guaranteeing positive outcomes, F1 has also broadened the scope of its safety programmes to include the health, wellbeing and psychological safety of team members, giving everyone a voice. F1 teams recognise that mental health, physical fitness and overall wellness are key to ensuring the best outcomes are achieved and sustained.
Every industry is witnessing change and Formula One is no different. One of the challenges facing F1 teams is that the sector is ever-changing – so change management and leading teams through periods of transformation is an essential part of the job. Change comes in many forms; technology, compliance, competition, customer demands, environmental and social issues. F1 has had to reinvent its business model, embrace digitalisations, adapt to a changing media and social landscape. Above all, F1’s leadership teams have had to communicate, manage and implement transformation strategies, bringing their teams with them and ensuring that they make the most from embracing change.
Formula One is often seen as a potentially wasteful, gas-guzzling sport which has a large carbon footprint and thus damaging to the environment. Yet the sport is in the midst of a revolution, one which will see the World Championship, all ten teams, 24 Grands Prix and every facet of its operations achieve Net Zero Carbon by 2030. In 2026 the sport will stop using fossil fuels, working with the energy sector to develop sustainable, synthetic fuels and develop sophisticated hybrid technologies. Factory operations, event operations, technology, travel and logistics – every area of activity – is being addressed to ensure the sport is fully sustainable, developing solutions which have wider applications to society.
The science behind enabling peak human performance, both physical and mental, has played a pivotal role in developing the way in which Formula One drivers and team personnel realise their potential in this enormously demanding sport. High performance coaches focus on aspects including physical training, nutrition, diet, hydration and optimising sleep patterns. All the teams now recognise that health and well-being is critical when building teams capable to delivering winning outcomes in a high-pressure environment.
This holistic approach to physical and mental health and well-being used to be confined to Formula One drivers but, over the last 20 years, teams expanded that to include the pit crews and travelling personnel. Today Formula One teams invest in the wellbeing of all personnel, whether factory based or travelling. Mental health has become a major focus as teams seek to help staff develop the focus, sustained performance and mental toughness to deal with the relentless challenge of this high-performance environment.
The event today went well, and we are very happy with the end result.
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