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Formula One Imports Salary

Formula One Imports Salary

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As of September 2026, the average annual salary for employees at Formula One Imports in the United States is $89,626. This translates to an approximate hourly wage of $43. Salaries at Formula One Imports typically range from $78,825 to $101,356 annually, reflecting the diverse roles and experience levels within the company.
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Is Formula One Imports’s Pay Competitive? Salary Benchmarking Analysis

How does Formula One Imports's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Misha & Puff $97,463
+8.7%
Reflects structural premiums typical of Misha & Puff's large-cap national operations.
Wandler $85,122
-5.0%
Typical compensation structure for smaller regional agencies like Wandler.
A&M Designs $98,307
+9.7%
Adjusted for higher cost-of-living indices in A&M Designs's primary metro hubs.
IGAS Inc $89,658
+0.0%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Retail & Wholesale Industry $123,318
+37.6%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Formula One Imports's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Formula One Imports. Click a company name to learn more.

Employee Reviews: Working at Formula One Imports

Considering a career at Formula One Imports? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
The retail discounts and bonus structure are great incentives. I’ve had multiple opportunities to upskill through workshops and certifications. I’ve built strong relationships with my coworkers. The leadership team is approachable, and there’s a strong sense of teamwork. Bonuses and incentives keep motivation high.
Commented in April 01, 2025
9
1
The benefits are excellent, and the team feels like family. Recommend this workplace. The work environment is collaborative, and management values employee input.
Commented in October 06, 2024
16
2
The workload is steady, and colleagues are professional. Professional growth is encouraged through mentorship programs and skill-building workshops. The benefits package is impressive, and the company truly cares about its employees. Well-structured training programs. The benefits are above average, and there’s a strong emphasis on teamwork. The benefits package is competitive, including health in...
Commented in May 24, 2024
20
1

Formula One Imports Overview

Website
www.formulaimports.com
Founded In
2015
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
7511 E Independence Blvd Charlotte North Carolina NC 28227
Revenue
<$5 Million
Phone Number
+1 9802025890
Social Media
About Formula One Imports
Formula One Imports in Charlotte, NC is family owned and operated and a proud member of the Braun Automotive Group. We have enjoyed connecting our internationally demanding clients with their specific automotive needs for over 25 years. Being racers and car enthusiasts ourselves, we share in the passion of research, due diligence, acquisition, and delivery of the finest cars in the world. With our

What Benefits Does Formula One Imports Offer Beyond Salary?

A competitive compensation package is more than just a salary. Formula One Imports offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
Work at Formula One Imports?
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What Is the Cost of Living Near Charlotte?

Understanding the cost of living near Charlotte is key to truly evaluating a salary offer or your current compensation at Formula One Imports.
Charlotte's Cost of Living Index is approximately 98.9 (1.1% less expensive than US average; 3.0% more than NC average). Major financial hub, growing, housing near US avg. CATS bus/Light Rail. When planning your budget based on a salary from Formula One Imports, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Formula One Imports salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $88 (CATS monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,698 - $4,148+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Formula One Imports

1. What is the typical salary range (low to high) for most roles at Formula One Imports?

The typical annual salary range for most roles at Formula One Imports is approximately from $78,825 to $101,356. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Formula One Imports pay compared to Misha & Puff?

The average annual salary at Formula One Imports is $89,626, or an hourly wage of $43, in comparison to Misha & Puff which pays $97,463 per year or $47 per hour.

3. Do salaries differ significantly between departments at Formula One Imports?

Yes, salaries often differ between departments at Formula One Imports due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Formula One Imports?

Experience level is a significant factor in determining salary at Formula One Imports, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Formula One Imports in Charlotte is fair given the local cost of living?

To determine if a salary offer from Formula One Imports in Charlotte is fair, first compare the gross salary to our data for similar roles at Formula One Imports and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Charlotte" to understand its purchasing power.

6. What are the key factors that influence salary levels at Formula One Imports?

Several key factors influence salary levels at Formula One Imports. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Formula One Imports likely benchmarks its salaries against other companies in the Retail & Wholesale sector. You can explore how these factors play out in our detailed salary data.

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