As the highest tier of international motorsport for single-seater racing cars, Formula 1 stands as the ultimate expression of speed, innovation, and competition. There is simply nothing else like it.
While Formula 1 is fundamentally a team effort—after all, changing all four tires in under two seconds requires absolute precision—it is also a test of individual skill, with drivers who resemble fighter pilots more than traditional athletes.
They endure intense g-forces, make split-second decisions, and race at breathtaking speeds of up to 370 km/h. To reach the pinnacle, F1 drivers push themselves and their cutting-edge machines to the very limit of performance.
Currently, the Formula 1 grid consists of 20 elite drivers representing 10 teams, each fielding two high-performance cars. Every race, known as a Grand Prix, takes place in some of the most remarkable locations across the globe.
It all started with the European Grand Prix motor racing tradition, which began in the 1900s. The first official championship, known as the Formula One World Championship, was set up in 1950, which was a big deal in the world of auto racing.
Back in the day, some iconic teams like Alfa Romeo, Ferrari, and Maserati dominated the competition. The sport got popular fast because of its high-speed races and the amazing talent of its drivers.
Since then, Formula 1 has changed a lot: impressive new technologies and safety measures have transformed the experience for both the drivers and the fans.
Now, the FIA (Fédération Internationale de l’Automobile) is key to establishing rules that make things fair and keep everyone safe, especially the drivers.
The 2025 season will be a milestone year, marking the 75th anniversary of the FIA Formula 1 World Championship, featuring a record-breaking 24 races, including six Sprint events, running from March through December.
The championship calendar spans 21 countries across five continents, bringing an exhilarating mix of historic circuits and modern additions. Legendary tracks such as Silverstone, Spa-Francorchamps, and Suzuka remain iconic staples, while newer venues like Las Vegas, Miami, and Saudi Arabia add fresh excitement to the lineup.
Impressively, Monaco, Monza, Silverstone, and Spa have been part of the schedule since the inaugural 1950 season, though safety advancements and layout modifications have significantly evolved these circuits over time.
Among the all-time greats, Lewis Hamilton shares the record for most driver’s championships, holding seven titles alongside Michael Schumacher. Hamilton clinched his first title with McLaren in 2008 before securing six more with Mercedes between 2014 and 2020. Schumacher, on the other hand, won his first two championships with Benetton in 1994 and 1995 before dominating with Ferrari, securing five consecutive titles from 2000 to 2004.
Heading into the 2025 season, Hamilton also holds the record for the most Grand Prix victories, having amassed 105 wins, as well as the highest number of pole positions with 104 to his name. While the drivers’ championship was established in 1950, the constructors’ championship was introduced eight years later, in 1958, with Vanwall becoming the first team to claim the title.
Since then, Ferrari has cemented its status as the most successful team in history, winning 16 constructors’ championships. Williams and McLaren follow with nine titles each, while Mercedes boasts eight. Red Bull, the reigning force in recent seasons, has secured six championships to date.
The Formula 1 World Championship closed the last fiscal year with record-breaking revenue, reaching $3.222 billion—an impressive 25% year-over-year increase, surpassing the $3 billion mark for the first time.
Broadcasting rights remain the primary revenue driver for the sport, with income from F1 TV subscriptions and newly signed or renewed broadcasting deals contributing to its growth. These media rights accounted for approximately 32.2% of the championship’s total revenue, generating around $1.037 billion.
Lewis Hamilton shares the record for most drivers’ championships, holding seven titles alongside Michael Schumacher. Hamilton has won over 100 races. Schumacher held the record for most race wins (91) until Hamilton surpassed it. His dominance in the late 1990s and 2000s made him a legendary figure in F1.
In the Formula 1 2025 season there will be 24 races. The season kicks off with the Australian Grand Prix at Albert Park in Melbourne on March 16, also known as the Louis Vuitton Grand Prix, and then moves on to Shanghai the following week for the Chinese Grand Prix on March 23.
Formula 1 generates significant revenue each year, primarily through various streams such as broadcasting rights, sponsorships, ticket sales, and merchandise. In recent years, estimates suggest that Formula 1’s annual revenue can range from $1.5 billion to over $2 billion. Last fiscal year with record-breaking revenue, reaching $3.222 billion.
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