The London-based production company behind the global Netflix phenomenon, Formula 1: Drive to Survive, has reported a staggering financial performance, with turnover accelerating by almost 70% in its latest financial year.
Financial High-Speed Growth
According to newly filed accounts at Companies House, Box To Box Films achieved a turnover of £73.1 million for the 12 months ending 31 March 2025. This represents a dramatic increase from the £43.9 million it reported the previous year.
In a further positive sign, the company's pre-tax loss also shrank considerably, declining from £4.7 million to £975,514 over the same period. This improved financial health comes after the firm first fell into the red in the year to March 2024, a period that nonetheless saw its turnover jump by almost 180%.
Expansion and Job Creation
This remarkable growth has directly fuelled a significant expansion of the workforce. The average number of employees at Box To Box Films surged from 180 to 270 during the latest financial year, meaning the Drive to Survive maker was responsible for creating approximately 90 new jobs.
The business, which was founded by Oscar-winning producer James Gay-Rees and Paul Martin, is headquartered in London with additional offices in Los Angeles and France.
Diversifying the Portfolio
While Drive to Survive—which first aired in 2019 with a new series due soon—is its flagship title, Box To Box Films has successfully diversified its output. The company is also behind other acclaimed sports documentaries such as Full Swing (golf), Six Nations: Full Contact (rugby), and Tour de France: Unchained (cycling).
The directors stated that the commercial environment remains competitive, but they are confident in the group's unique position creating high-end unscripted sports series. They highlighted diversification into the branded content market as a key area for potential future growth.
This ambitious expansion was bolstered at the start of 2024 when the company secured a significant £30 million investment from Bruin Capital, a global sports and entertainment investment firm, to help fund its future projects.
