FORMULA
1 IS THE WORLD'S PREMIER OPEN WHEELER MOTOR RACING. RACES ARE HELD
AROUND THE WORLD ON ROAD OR SPECIAL RACING CIRCUITS. FORMULA 1 RACING
USES THE MOST TECHNOLOGICALLY ADVANCED ENGINE AND CHASSIS COMBINATION
FOR SPEED AND HANDLING.
- CURRENT F1 FORMAT ("CONCORDE
AGREEMENT) UNDER FIA/ECCLESTONE EXPIRES AT END OF 2007.
- PROFIT SPLIT: 43% MANUFACTURERS,
53% ECCLESTONE/FIA (75% TV (Kirsch - bankrupt; now owned by Bayerische
Landesbank, JP Morgan, Lehman Brothers ), 25% Ecclestone (Bambino
Holdings Trust).
- GPWC
- Rival manufacturer series that could start from 2008. Owned
by car manufacturers - BMW, Daimler Chrysler (Mercedes), Renault,
Fiat (Ferrari), Ford (Jaguar).
- NOV 2005: Bernie Ecclestone
and BayernLB sell controlling stake (75%) to CVC Capital Partners.
- F1 CONSTRUCTOR
CHAMPIONS:
- FERRARI: 14 TITLES; 6
CONSECUTIVE TITLES (2004, 2003, 2002, 2001, 2000, 1999)
- WILLIAMS: 9 TITLES; McLAREN:
8 TITLES; LOTUS: 7 TITLES
- F1 DRIVER CHAMPIONS:
- SCHUMACHER: 7 world titles:
2004, 03, 02, 01, 2000, 1995, 1994
- FANGIO: 5 world titles:1957,1956,1955,1954,1951
- PROST: 4 world titles:1993,1989,1986,1985
- JAPANESE DRIVERS:
- Takuma Sato - Jordan,
BAR; 2002, 2004, 2005; Ukyo Katayama - Tyrrell, Minardi; mid 1990's;
Taki Inoue - Arrows; 1995; Satoru Nakajima; 1987
- F1 SPEED RECORD:
set at Monza
- Top speed: 369.9 kph (Antonio
Pizzonia 2004); Top Av speed: 262.242 kph (Montoya 2004)
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