Claim: Michael Schumacher is a professional racer.

Formula Three , also called Formula 3 or F3 , is a class of open-wheel formula racing . The various championships held in Europe , Australia , South America and Asia form an important step for many prospective Formula One drivers . Formula Three has traditionally been regarded as the first major stepping stone for F1 hopefuls -- it is typically the first point in a driver 's career at which most drivers in the series are aiming at professional careers in racing rather than being amateurs and enthusiasts . F3 is not cheap , but is regarded as a key investment in a young driver 's future career . Success in F3 can lead directly to a GP2 seat or even a Formula One test or race seat .