Formula One |
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Formula One automobile racing has its roots in the European Grand Prix championships of the 1920s and 1930s, though the foundation of the modern Formula One began in 1946 with the Fédération Internationale de l'Automobile's (FIA) standardisation of rules, which was followed by a World Championship of Drivers in 1950.
The sport's history parallels the evolution of its technical regulations.[1] In addition to the world championship series, non-championship Formula One races were held for many years, the last held in 1983 due to the rising cost of competition. National championships existed in South Africa and the United Kingdom in the 1960s and 1970s.