![]() Formula One-History & Team Sizeįormula 1 racing originated during the 1920-30s in Europe from other similar racing competitions. Know more about F1 racing and its rules, regulations, contests and other details by reading further. ![]() The driver who crosses the finish line first after completing a pre-determined number of laps is declared the winner. The objective of a Formula 1 contest is to determine the winner of a race. The name ‘Formula’ comes from the set of rules that the participating cars and drivers must follow. F1 is the highest level of single-seat, open-wheel and open-cockpit professional motor racing contest.įormula One racing is governed and sanctioned by a world body called the FIA − Fédération Internationale de l'Automobile or the International Automobile Federation. Formula One, also called F1 in short, is an international auto racing sport.
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