Formuletry is an independent, fan-developed Formula 1 simulator and management project inspired by Copero. It invites users to create a driver and build a racing career, with opportunities to manage contracts, make important strategic decisions, and shape their progress across each race weekend. The experience is designed for fans who want to engage with motorsport beyond simply following results, combining career management with a focus on race strategy and driver development.

The site also offers live F1 timing and telemetry, alongside live access to official Formula 1 times and statistics. These features let visitors follow on-track activity and track key performance information. Formuletry encourages users to follow its social media channels to support the project as it grows. The site identifies itself as version 1.0 and clearly states that it is not affiliated with, endorsed by, or associated with Formula 1, the FIA, or the relevant Formula One rights holders. Formula 1 and related names and marks belong to their respective owners.