Privacy Policy
1. Introduction
At SaveFormula1.com (“we”, “our”, or “us”), your privacy is of paramount importance to us. We are committed to protecting the personal data of our users and handling it with the highest levels of confidentiality, transparency, and security. This Privacy Policy explains how we collect, use, disclose, and safeguard your personal information when you visit, interact with, or make use of the services and features available through our website. We process your data in accordance with applicable data protection laws, including the General Data Protection Regulation (EU 2016/679) (“GDPR”) and the California Consumer Privacy Act (“CCPA”).
2. Scope of Policy and Data Controller Role
This Privacy Policy applies to all users accessing and using the website located at saveformula1.com, including its subdomains and related digital services. SaveFormula1.com serves as the data controller for the collection and processing of your personal data under applicable privacy laws, determining the purposes and means of such processing.
3. Categories of Data Processed
We may collect and process the following categories of personal data:
a. Usage Data
Information about your use of the website, including your IP address, browser type and version, device identifiers, time zone settings, referring and exit pages, operating system, page interaction data (e.g., scrolling, clicks), and session durations.
b. Account Data
If you register or create an account, we may process information such as your full name, physical address, email address, account credentials, and telephone number.
c. Profile Data
Information associated with your user profile, including your saved preferences, browsing history, submitted feedback, purchase history, interests, and completed site activities.
d. Communication Data
Records of your communication with us, such as customer service inquiries, email correspondence, complaints, and interaction history.
e. Technical Data
Metadata and device-specific data including your device model, hardware settings, browser configurations, internet service provider details, security tokens, and connection diagnostics.
f. Transaction Data
Details relating to purchases or financial transactions made through saveformula1.com, including billing and shipping addresses, payment methods, transaction IDs, and order histories. We do not store full payment card numbers; all sensitive financial data is processed via secure third-party payment gateways.
g. Preference Data
Information regarding your preferences for receiving communications from us, including opt-in/opt-out choices for newsletters, promotional messages, product updates, and marketing consents.
4. Legal Bases for Processing
We process your personal data only where a lawful basis under applicable data protection laws permits such processing. These may include:
– Consent: Where you have provided consent to the use of your data for one or more specific purposes.
– Contractual Necessity: Where it is necessary to process your data to enter into or perform a contract with you.
– Legal Obligation: Where processing is required to fulfill legal or regulatory obligations.
– Legitimate Interests: Where processing is necessary for our legitimate interests, provided such interests are not overridden by your fundamental rights and freedoms (e.g., website security, analytics, and service improvements).
5. Your Rights
As a data subject under the GDPR and/or a consumer under the CCPA, you may exercise the following rights, subject to certain conditions and limitations:
– Right of Access: You may request access to the personal data we hold about you.
– Right to Rectification: You have the right to request corrections to inaccurate or incomplete data.
– Right to Erasure: You may request the deletion of your personal data, subject to exemptions under law.
– Right to Restriction: You may request restricted processing of your personal data under specific circumstances.
– Right to Data Portability: You are entitled to receive your data in a structured, commonly-used, and machine-readable format.
– Right to Object: You may object to our processing of your data where based on legitimate interests or direct marketing purposes.
– Right to Withdraw Consent: Where processing is based on your consent, you may withdraw it at any time without affecting the lawfulness of prior processing.
– Right under CCPA: California residents have the right to know what personal data has been collected about them, to request deletion, and to opt out of the “sale” (as defined by CCPA) of personal data.
To exercise any of the rights listed above, please contact us at: [email protected].
6. Security Measures
We implement technical and organizational safeguards to ensure that your personal data remains secure, confidential, and protected from unauthorized access, disclosure, alteration, or destruction. Our security initiatives include:
– Encryption of data in transit and at rest
– Secure login and authentication mechanisms
– Access controls and role-based permissions
– Regular vulnerability testing and patching
– Enforced multi-factor authentication and secure coding practices
– Staff training in data privacy and screen-level access restrictions
7. International Transfers
Where your personal data is transferred outside of the European Economic Area (EEA) or other jurisdictions with similar protections, such transfers are conducted in compliance with applicable data protection laws. We apply appropriate safeguards such as Standard Contractual Clauses (SCCs) approved by the European Commission or rely on the recipient country’s adequacy decision. Your data may be stored or processed by vendors or service providers located internationally, and we ensure they conform to our privacy standards.
8. Data Retention
We retain personal data only for as long as is necessary to fulfill the purposes for which it was collected and to satisfy legal, regulatory, accounting, or reporting requirements. Retention periods are as follows (unless legal obligations require longer retention):
– Usage Data: up to 12 months
– Account Data: for the duration of the user relationship and up to 5 years thereafter
– Profile and Preference Data: as long as the account remains active, unless earlier deletion is requested
– Transaction and Technical Data: for up to 7 years, for tax and regulatory compliance
– Communication Data: kept for 2 years following last user interaction
You may request earlier deletion of your data within permitted limits by contacting: [email protected].
9. Cookie Policy
Our website uses cookies and similar technologies for the following purposes:
– Essential Cookies: Required for site functionality, account login, and navigation
– Functional Cookies: Remember user settings and website preferences
– Analytics Cookies: Help us measure user engagement, improve site content, and analyze traffic (e.g., through Google Analytics)
– Performance Cookies: Track system performance and errors for maintenance purposes
10. Cookie Management and Compliance
In compliance with GDPR and CCPA, you have control over the use of non-essential cookies. Upon your first visit to saveformula1.com, a cookie consent banner will request your preferences. You can manage your cookie consents at any time via the cookie settings link in the website footer. California users may also exercise “Do Not Sell or Share My Personal Information” rights through applicable tools, even if we do not engage in data selling in the regulatory sense.
11. Children’s Privacy
SaveFormula1.com does not knowingly collect or process personal data from individuals under the age of 13. If we discover that any such data has been collected, it will be promptly deleted. If you are a parent or guardian and believe that your child has submitted personal information, please contact us immediately at [email protected].
12. Policy Updates and Notifications
This Privacy Policy may be updated to reflect legal, regulatory, or operational changes. When material changes are made, we will take reasonable steps to notify you via our website, email notifications, or banners. Please review this policy periodically to stay informed of your rights and our privacy practices.
13. Contact
If you have any questions, concerns, or requests regarding this Privacy Policy or your personal data, you may contact our data privacy team at:
Email: [email protected]
We are committed to protecting your privacy and will make every effort to promptly address any concerns or requests in accordance with applicable data protection regulations.
This Website is committed to compliance with the GDPR, CCPA, and other applicable laws. For any questions or concerns regarding your privacy rights, please reach out to us at [email protected].