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Formula One, also known as Formula 1 or F1, and currently officially referred to as the FIA Formula One World Championship,is the highest class of single seater auto racing sanctioned by the Fédération Internationale de l'Automobile (FIA). The "formula" in the name refers to a set of rules to which all participants' cars must comply The F1 season consists of a series of races, known as Grands Prix, held on purpose-built circuits, and public roads. The results of each race are combined to determine two annual World Championships, one for the drivers and one for the constructors, with racing drivers, constructor teams, track officials, organizers, and circuits required to be holders of valid Super Licences, the highest class racing licence issued by the FIA.

Formula One cars race at high speeds, up to 360 km/h (220 mph) with engines revving up to a formula imposed limit of 18,000 rpm. The cars are capable of pulling in excess of 5 g on some corners. The performance of the cars is highly dependent on electronics (although traction control and driving aids have been banned since 2008), aerodynamics, suspension, and tyres. The formula has seen many evolutions and changes through the history of the sport.