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Formula Vee (Formula Fau Vee in Germany) or Formula Volkswagen is a popular open wheel, single-seater junior motor racing formula, with relatively low costs in comparison to Formula Ford.
On the international stage, Niki Lauda, Emerson Fittipaldi, Nelson Piquet and Keke Rosberg, all Formula 1 champions, and Scott Dixon, a six-time IndyCar champion, raced Formula Vees in Europe, New Zealand, or America at the beginning of their careers. In Australia, V8 Supercar drivers Larry Perkins, Colin Bond, John Blanchard, John Bowe, Jason Bargwanna and Paul Stokell were also racers in Formula Vee.
Formula First, raced in the US and New Zealand, employs the same chassis, but with upgraded motor, brakes and steering. Australia's modern Formula Vee car rules are the definition for Formula First in these countries