Teacher:You are given a passage. You need to construct a question about the information present in the passage. Construct a question in such a way that (i) it is unambiguous, (ii) its answer is the whole paragraph. Avoid creating questions that can be answered correctly without actually understanding the paragraph.
Teacher: Now, understand the problem? Solve this instance: there are many "formula ___" racing series - formula simply means a set of rules. in the early days of grand prix auto racing, there was a race series called "formula libre" which is, i think, italian for "free form" - basically no rules, and the fastest car wins. various rule sets were introduced over the years, and formula "one" was so named because it was to be the fastest and highest level of competition.

see the links below for a great backstory on the history of GP racing as well as a list of other formulae series.
Student:
where did formula 1 get its name from?