Expertise: High performance team work
Mark Gallagher is a renowned keynote speaker on a range of business topics relating to his experiences gained while working in senior leadership roles within Formula One motor racing over the last 30 years.
Today he runs Performance Insights, providing deep-dive insights into Formula One, and working
alongside some of the sport’s greatest stars. He regularly features in the media, working with
organisations including the BBC, Sky Sports and ESPN, and consults for a range of companies
involved directly in Formula One today.
Mark’s management career in Formula One included more than a decade on the management board of the highly successful, race winning Jordan Grand Prix team, running the world famous Cosworth engine business and establishing the commercial arm of Red Bull Racing which went on to become 4-times World Champions.
During his career he has worked with many of the sport’s leading drivers, including former World Champions Ayrton Senna, Michael Schumacher and Jenson Button.
Today he works closely with a number of the sport’s major stars including David Coulthard, Mika Hakkinen and Jacques Villeneuve.
Mark’s career in Formula One started in 1983, spending seven years working in the media and as a consultant to Philip Morris International before joining Eddie Jordan’s fledgling Grand Prix team in 1990.
He was a member of the team’s management board, having full responsibility for the team’s day-to-day marketing and commercial activities. He became part of the newly created Red Bull Racing management team in 2004, and was invited to lead Cosworth’s return to Formula One as an engine and
technology supplier in 2010, overseeing its supply of one third of the teams on the starting grid.
Along the way he founded Status Grand Prix, which won the 2009 Motorsport World Cup of Motorsport and became a race-winning team in junior formulae as well as competing in the Le Mans 24 Hours sport car race. He helped develop the new hybrid petrol-electric engine regulations introduced into Formula One in 2014, and recently published his second book – ’The Business of Winning – Strategic Success
from the Formula One track to the Boardroom’.
THE BUSINESS OF WINNING
The uniqueness of Formula 1 is the range of challenges it creates for the competing teams and drivers, and the compression of those challenges into immovable timescales and deadlines that have to be met at venues around the world, and at all times under the scrutiny of a global media. While public companies concern themselves with meeting quarterly targets, Formula 1 teams, with annual budgets of hundreds of millions and a franchise valued at 7.5 billion dollars, see their results published every other Sunday in front of a highly critical audience that includes their own customers, staff and suppliers. There is no room to hide.
Mark Gallagher offers a valuable how-to manual on not just managing, but thriving in a fast-moving, competitive environment.
With practical examples from his own experience and accounts of how owners, drivers, teams, technicians and sponsors deal with the full range of management issues faced every day, he covers key business challenges including the need for leadership, the importance of change and the imperative of innovation while managing risk. The book also features a foreword by David Coulthard, a former Formula 1 driver and winner of 13 Grand Prix.
The Business of Winning brings the drama of the Formula 1 business to life in vivid detail with experiences and insights that executives in countless other businesses can both learn from and use for ideas and inspiration.