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Formula 1's huge prize pot centres around the Constructors' Championship, with the pot made up from 50 per cent of F1's commercial rights revenue for each season, reports Sky Sports.
This is an accepted version of this page This is the latest accepted revision, reviewed on 31 January 2025. Motorsport championship held worldwide "F1", "Formula 1", and "FIA F1 World Championship" redirect here. For other uses, see F1 (disambiguation), Formula One (disambiguation), and List of FIA championships. Formula One Formula One logo since 2018 Category Open-wheel single-seater Formula ...
Luigi Fagioli is the oldest winner of a Formula One Grand Prix; he was 53 years and 22 days old when he won the 1951 French Grand Prix. [13] As of the 2024 Abu Dhabi Grand Prix, out of the 778 drivers who started a Grand Prix, [14] there have been 115 Formula One Grand Prix winners. [15]
The Concorde Agreement is a contract between the Fédération Internationale de l'Automobile (FIA), the Formula One teams and the Formula One Group which dictates the terms by which the teams compete in races, and how the television revenues and prize money is shared. There have been eight versions of the Concorde Agreement, all of which terms ...
As of the 2024 season, out of the 777 drivers who have started a Formula One Grand Prix, [16] the 75 titles awarded have been won by a total of 34 different drivers. [8] [9] The first Formula One World Drivers' Champion was Giuseppe Farina in the 1950 championship and the current title holder is Max Verstappen in the 2024 season.
Formula One, abbreviated to F1, is the highest class of open-wheeled auto racing defined by the Fédération Internationale de l'Automobile (FIA), motorsport's world governing body. [1] The "formula" in the name refers to a set of rules to which all participants and cars must conform. [ 2 ]
In June, Formula One launched the We Race As One initiative to fight racism, global inequity and the impact of COVID-19. The initiative used a rainbow logo, with the colours of all ten Formula One teams, also with the #WeRaceAsOne hashtag, and featured prominent We Race As One branding on vehicles (including the safety car) and signage on track ...
The two-time defending F1 champion is at -135 to win the first race of the 2023 season.