Compliance in pole position: the parallels between procurement and Formula 1

By Simon Toplass 2025-02-24T09:18:00

Success in both is all about the right strategy, the greatest efficiency and complete compliance with the latest regulations, says Simon Toplass, group chief executive at Pagabo and a motor racing fan

At first glance, construction procurement and Formula 1 may appear to be worlds apart. One centres around the acquisition of services or materials for building projects, while the other is a high-speed, high-stakes sport.

Dig a little deeper, however, and you will find striking similarities between the two – with both focusing on adherence to regulations and finding the “formula” to get the very best out of rules while ensuring all-important compliance.

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