The world's most popular motor-racing series is teaming up with the United Nations' children's agency to help some of the world's most vulnerable kids get an education.
The BBC reports Formula 1 will be donating $1 million to UNICEF over the next three years to expand its Learning Passport program, which provides children in 26 countries with access to online and offline education.
The Learning Passport is currently available in Mexico and Brazil.
"Every child has a right to a quality education and to be protected during emergencies," Formula 1 CEOStefano Domenicali says in a press release.
"We are proud that we can play a role in ensuring the most vulnerable children are equipped with the knowledge and skills they need to achieve their goals."
UNICEF estimates that 70% of the world's 10-year-olds lack basic literacy skills.
"The world is facing a growing learning crisis," Domenicali says.
"Investment in education is fundamental to the development of children and young people, and to building the societies and economies they need for the future, so we must act now to prevent this learning crisis."
A customized collection of grant news from foundations and the federal government from around the Web.
Caroline Diehl is a serial social entrepreneur in the impact media space. She is Executive Chair and Founder of the UK’s only charitable and co-operatively owned national broadcast television channel Together TV, the leading broadcaster for social change runs a national TV channel in the UK and digital platform which helps people find inspiration to do good in their lives and communities.