Formula 1: The Official History: fully revised and updated

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The cumulative television audience was calculated to be 54 billion for the 2001 season, broadcast to 200 territories. In 2008 and 2009, Honda, BMW, and Toyota all withdrew from Formula One racing within the space of a year, blaming the economic recession. High-definition aerial photographs using Google Earth of legendary F1 circuits, along with fascinating trivia and historic moments from each. Stirling Moss, despite being regarded as one of the greatest Formula One drivers in the 1950s and 1960s, never won the Formula One championship.

The usage of these loopholes was ended for 2010 with the publication of new technical regulations, which require each constructor to own the intellectual property rights to their chassis, [100] [101] The regulations continue to allow a team to subcontract the design and construction of the chassis to a third-party, an option used by the HRT team in 2010 and Haas currently.Formula One races must be held on grade one tracks, the highest grade-rating issued by the FIA for tracks. These provide a very high level of braking performance and are usually the element that provokes the greatest reaction from drivers new to the formula. Schumacher set many new records, including those for Grand Prix wins (91, since beaten by Lewis Hamilton), wins in a season (thirteen, since beaten by Max Verstappen), and most Drivers' Championships (seven, tied with Lewis Hamilton as of 2021). Sprints would have their own qualifying session, titled the 'sprint shootout'; [79] such a system made its debut at the 2023 Azerbaijan Grand Prix and is set to be used throughout all sprint sessions in place of the traditional second free practice session. Double waved yellows inform drivers that they must slow down as marshals are working on or near to the track and drivers should be prepared to stop.

Bridgestone then went on to sign a contract on 20 December 2007 that officially made them the exclusive tyre supplier for the next three seasons. Six of the original seven races took place in Europe; the only non-European race that counted towards the World Championship in 1950 was the Indianapolis 500, which was held to different regulations and later replaced by the United States Grand Prix.The team continued this form in the following two seasons, again winning 16 races in 2015 before taking a record 19 wins in 2016, with Hamilton claiming the title in the former year and Rosberg winning it in the latter by five points.

The cost of building a brand-new permanent circuit can be up to hundreds of millions of dollars, while the cost of converting a public road, such as Albert Park, into a temporary circuit is much less. McLaren also announced that it was to reacquire the shares in its team from Mercedes-Benz (McLaren's partnership with Mercedes was reported to have started to sour with the McLaren Mercedes SLR road car project and tough F1 championships which included McLaren being found guilty of spying on Ferrari). This era featured teams managed by road-car manufacturers, such as: Alfa Romeo, Ferrari, Mercedes-Benz and Maserati.

On 24 June, an agreement was reached between Formula One's governing body and the teams to prevent a breakaway series. They were briefly reintroduced in 2001, and have more recently been banned since 2004 and 2008, respectively. The 2016 season also saw a new team, Haas, join the grid, while Max Verstappen became the youngest-ever race winner at the age of 18 in Spain.