It’s lights out and away we go looking into the premier forms of racing around the world: Formula 1. Governed by the Fédération Internationale de l'Automobile or the International Automobile Federation (FIA), Formula One, commonly known as F1, is considered the highest class of international racing for single-seater formula cars in the world. Where 10 teams from around the world, each composed of 2 drivers, compete in a series of races (Grand Prix) over a one-year period or a season. These races take place all around the world in both purpose-built (Circuit of the Americans) and closed road circuits (Azerbaijan Street circuit) certified by FIA as teams accumulate points to determine 2 annual championships: one each for drivers and teams (constructors).
With its inaugural season taking off on May 13, 1950, at the Silverstone Circuit (United Kingdom), there have been 71 seasons as of 2020; 2021 being its 72nd. The term “formula” comes from a set of rules that participating teams and constructors must adhere to.