Formula One teams pay entry fees of $500,000, plus $5,000 per point scored the previous year or $6,000 per point for the winner of the Constructors' Championship. Formula One drivers pay a FIA Super Licence fee, which in 2013 was €10,000 plus €1,000 per point. There have been controversies with the way profits are shared amongst the teams.
About F1. Formula 1® racing began in 1950 and is the world’s most prestigious motor racing competition, as well as the world’s most popular annual sporting series: The 2019 FIA Formula One World Championship™ runs from March to December and spans 21 races in 21 countries across four continents. Formula One World Championship Limited is part of Formula 1® and holds the exclusive commercial rights to the FIA Formula One World Championship™.
Enter the world of Formula 1. Your go-to source for the latest F1 news, video highlights, GP results, live timing, in-depth analysis and expert commentary.
Formula 1 Live Text Stream. Get the latest Formula 1 racing information and content. From F1 photos and videos to race results, best lap times and driver stats.
Formula One, also called F1 in short, is an international auto racing sport. F1 is the highest level of single-seat, open-wheel and open-cockpit professional motor racing contest. Formula One racing is governed and sanctioned by a world body called the FIA − Fédération Internationale de l'Automobile or the International Automobile Federation. The name ‘Formula’ comes from the set of rules that the participating cars and drivers must follow.
Don't miss a Formula 1 moment – with the latest news, videos, standings and results. Go behind the scenes and get analysis straight from the paddock.
F1 Broadcast Information. Full list of countries and channels that broadcast Formula 1 around the world. Find out where to watch the next F1 Grand Prix and never miss another race. Please consult your local listings for exact details of television coverage where you are... We know that even the most ardent F1 fan is not going to get to travel to more than a handful of Grands Prix each season – that’s why we like to make sure you can catch an F1 broadcast from almost anywhere in the world.
Formula One is a huge event with a multitude of factors. And every factor has a detailed dimension. Types of circuits, aerodynamics, constructors, flags, logistics, sponsors, tyres, watches, tracks, tickets, etc have been discussed in this section. Going through this section, you will get an idea what Formula One is all about.