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Formula One, also known as the Grand Prix, is the highest class of single-seat and open-seat racing. The Formula One season consists of a series of Grand Prix races that lead to special racetracks designed for this race, rarely racing in normal off-track routes. The results of each Grand Prix of the season gather, and annually two annual awards, one for drivers and the other for automakers. In the Formula One race, motor racing speed may exceed 320 km / h (200 mph).

Europe is the traditional center of this race, and it is its first promoter. However, since 1999, there has been an appearance in Bahrain, China, Malaysia and Turkey, making the game more popular on a global scale. As the most expensive sport, its economic returns are great.

 

After the success and popularity of the European Grand Prix racing in the second and third decades of the 1930s, the idea of a world championship began to be considered, but the project was interrupted by World War II. After the end of the war, in 1947, the International Automobile Federation (FIA) decided to hold a world championship and began planning and preparing for it until the first Formula One race took place on 10 April 1950 in Bau.

The sport is organized by the Fédération Internationale de l’Automobile (FIA), which is headquartered in Paris, France. The current president of the FIA ​​is John Todd. While the director of the Formula One Administration (FOA) and the promoter (and controller) of this sport is Bernie Ecclestone.

After the success and popularity of the European Grand Prix racing in the second and third decades of the 1930s, the idea of a world championship began to be considered, but the project was interrupted by World War II. After the end of the war, in 1947, the International Automobile Federation (FIA) decided to hold a world championship and began planning and preparing for it until the first Formula One race took place on 10 April 1950 in Bau.

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