    fia formula one world championship (also formula one, formula 1, and f1) is the highest class of single-seat auto racing that is sanctioned by the fÃ©dÃ©ration internationale de l'automobile (fia). the "formula", designated in the name, refers to a set of rules with which all participants' cars must comply. the f1 season consists of a series of races, known as grands prix (from french, originally meaning great prizes), held throughout the world on purpose-built circuits and public roads. the results of each race are evaluated using a points system to determine two annual world championships, one for the drivers and one for the constructors. the racing drivers, constructor teams, track officials, organisers, and circuits are required to be holders of valid super licences, the highest class of racing licence issued by the fia. formula one cars are the fastest road course racing cars in the world, owing to very high cornering speeds achieved through the generation of large amounts of 
1947_introductions Formula_One Formula_racing_series Racing_formulas