Formula One racing, often referred to as Grand Prix racing, is the top class of motor sports in the world. Most commonly it is abbreviated as F1 racing. The title Formula One racing refers to the rules, or “formula” that all cars and participants in Formula One racing must follow. These strict rules make Formula One racing the most competitive of all motor sports.
Formula One racing developed out of the early 1900s European Grand Prix racing. Early Grand Prix racing had a “formula” of rules for drivers and their vehicles. Following World War II an even stricter formula was developed. This new formula was referred to as Formula One, indicating that it was number one as far as being the most challenging set of rules to follow. The first Formula One World Championship race was held in England in 1950. Italian Giuseppe Farina holds the title of First World Champion Formula One driver. He won driving an Alfa Romeo. Formula One World Championships are now awarded in two divisions, one for the driver and one for the constructor, or builder, of the racecar.
Europe is home to Formula One racing. Over the years the Formula One racing venues have expanded around the globe. The circuit now includes races in Bahrain, Shanghai and Fiji as well as the more traditional locations of Monte Carlo and Magny-Cours. Less than half of the 2007 season Formula One races will be held in Europe. The Formula One racing season lasts from March through October each year.

