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For example, after wealthy Brazilian driver Pedro Diniz left the Forti team for Ligier after the 1995 season, Forti withdrew from Formula One midway through 1996. [3] The competence of pay drivers varies. Three-time Formula One world champion Niki Lauda grew up in a wealthy family. Against his parents' will, he was able to borrow money against ...
The FIA Drivers' Categorisation is a system created by Fédération Internationale de l'Automobile that lists drivers on the basis of their achievements, performances and age. This categorization is used in sports car racing championships such as FIA World Endurance Championship , IMSA WeatherTech SportsCar Championship , European Le Mans ...
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. [223] There have been controversies with the way profits are shared among the teams.
The numerous Formula One regulations, made and enforced by the FIA, have changed dramatically since the first Formula One World Championship in 1950. There are two main types of regulations; technical and sporting. Technical regulations are related to car specifications, such as the chassis or the engine.
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.
The 2001 FIA Formula One World Championship was the 55th season of FIA Formula One motor racing. It featured the 2001 Formula One World Championship for Drivers and the 2001 Formula One World Championship for Constructors, which were contested concurrently over a seventeen-race series that commenced on 4 March and ended on 14 October.
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The 2005 Formula One calendar featured a new event in Turkey, just miles from the Europe–Asia dividing line. The newly built circuit in Istanbul joined the 2004 newcomers Bahrain and China . The 2005 season witnessed two of the hottest Grands Prix ever: the track temperature at the beginning of the Malaysian event was 51 °C (124 °F), while ...