The Princess Grace Foundation, supported by Formula 1®, delivered the inaugural Grace Influential Positive Impact Award in May 2023 at the Formula 1 Grand Prix de Monaco. The Grace Influential Positive Impact Award is an initiative established to recognize the commitment and contribution made by Formula 1® teams to create positive impact for society and the environment worldwide.
The 2023 Positive Impact winner is Positive Impact: Mercedes F1 Team | Accelerate 25
Launched in December 2020, Accelerate 25 is a commitment by Mercedes to foster diversity and inclusion within Formula One. The aim is to increase representation from under-represented groups, with a goal of at least 25% of new team members coming from these backgrounds by 2025.
Recognizing that an inclusive culture drives performance, creativity, and on-track success, Mercedes has seen positive progress over the past two years, with the percentage of female team members rising from 12% to 16% and minority ethnic representation growing from 3% to 9%.
The initiative aligns with the UN’s Sustainable Development Goals 4, 5, and 10, focusing on inspiring talented students from under-represented groups toward STEM careers, with the hope that they may join the team in the future.
Partnerships with organizations like the Mulberry Schools Trust, the Stemettes, and others support the journey toward a more diverse and sustainable future. Through Accelerate 25, Mercedes is leading the charge for inclusivity and sustainability in motorsport.
Grace Influential Positive Impact Award
Grace Influential is a global initiative led by the Princess Grace Foundation which celebrates and upholds the charitable legacy of Grace Kelly, Princess of Monaco. The Foundation is recognized for its prestigious awards program celebrating excellence and positive change. The purpose of the Grace Influential Positive Impact Award is to recognize each Formula 1® team’s commitment and contribution to positive impact, on society and/or to the environment and help them to amplify these efforts widely.
About the Princess Grace Foundation
The Princess Grace Foundation was established in 1982 by HSH Prince Rainier III and is dedicated to upholding the charitable legacy of Grace Kelly, Princess of Monaco. The Foundation is recognized for its prestigious awards program celebrating excellence and positive change across the arts and beyond.
