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Formula One

Formula One, also known as F1, is the highest class of international open-wheel auto racing governed by the FIA. A Formula One season consists of a series of Grand Prix races held on circuits around the world. Drivers and teams compete for annual World Championships, with teams spending around $265 million per year. Major rule changes for 2022 aimed to make the cars produce less turbulence to facilitate overtaking. Liberty Media acquired Formula One in 2017 for $8 billion.

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68 views

Formula One

Formula One, also known as F1, is the highest class of international open-wheel auto racing governed by the FIA. A Formula One season consists of a series of Grand Prix races held on circuits around the world. Drivers and teams compete for annual World Championships, with teams spending around $265 million per year. Major rule changes for 2022 aimed to make the cars produce less turbulence to facilitate overtaking. Liberty Media acquired Formula One in 2017 for $8 billion.

Uploaded by

Милош Пезер
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Formula One (more commonly known as Formula 1 or F1) is the highest class of

international racing for open-wheel single-seater formula racing cars sanctioned by the Fédération
Internationale de l'Automobile (FIA). The FIA Formula One World Championship has been one of the
premier forms of racing around the world since its inaugural season in 1950. The word formula in the
name refers to the set of rules to which all participants' cars must conform.[1] A Formula One season
consists of a series of races, known as Grands Prix. Grands Prix take place in multiple countries and
continents around the world on either purpose-built circuits or closed public roads.
A points system is used at Grands Prix to determine two annual World Championships: one for the
drivers, and one for the constructors (the teams). Each driver must hold a valid Super Licence, the
highest class of racing licence issued by the FIA,[2] and the races must be held on tracks graded "1",
the highest grade-rating issued by the FIA for tracks.[2]
Formula One cars are the fastest regulated road-course racing cars in the world, owing to very high
cornering speeds achieved through generating large amounts of aerodynamic downforce. Much of
this downforce is generated by front and rear wings, which have the side effect of causing
severe turbulence behind each car. The turbulence reduces the downforce generated by the cars
following directly behind, making it hard to overtake. Major changes made to the cars for the 2022
season have resulted in greater use of ground effect aerodynamics and modified wings to reduce
the turbulence behind the cars, with the goal of making overtaking easier.[3] The cars are dependent
on electronics, aerodynamics, suspension and tyres. Traction control, launch control, and automatic
shifting, plus other electronic driving aids, were first banned in 1994. They were briefly reintroduced
in 2001, and have more recently been banned since 2004 and 2008, respectively.[4]
With the average annual cost of running a team – designing, building, and maintaining cars, pay,
transport – being approximately £220,000,000 (or $265,000,000),[5] its financial and political battles
are widely reported. On 23 January 2017, Liberty Media completed its acquisition of the Formula
One Group, from private-equity firm CVC Capital Partners for £6.4bn ($8bn).[6][7]

History

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