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[[File:Race car.jpg|thumbnail|250px|right|[[Formula One]] race car]]

[[File:Race car.jpg|thumbnail|300px|right|Formula One race car]]

'''Formula One''', also known as '''Formula 1''' or '''F1''' and officially as the '''FIA Formula One World Championship''' is the highest class of single-seater auto racing sanctioned by the Fédération Internationale de l'Automobile (FIA). Formula One is often considered the pinnacle of [[automobile]] [[racing]]. The cars are extremely fast with speeds topping 320 kph, although it is their cornering and braking performance that sets Formula 1 apart as the highest class of car racing. The Formula One World Championship is held every year on racing tracks around the globe. There are effectively two championships being contested - the World Drivers Championship is given to the winning driver, but the teams also compete in the Manufacturer's Championship. The 2014 Driver's World Champion is British racer Lewis Hamilton, while the Constructor's Champions are the [[German]] team known as the Mercedes AMG Petronas Formula One Team.

'''Formula One''', also known as '''Formula 1''' or '''F1''' and officially as the '''FIA Formula One World Championship''' is the highest class of single-seater auto racing sanctioned by the Fédération Internationale de l'Automobile (FIA). Formula One is often considered the pinnacle of [[automobile]] [[racing]]. The cars are extremely fast with speeds topping 320 kph, although it is their cornering and braking performance that sets Formula 1 apart as the highest class of car racing. The Formula One World Championship is held every year on racing tracks around the globe. There are effectively two championships being contested - the World Drivers Championship is given to the winning driver, but the teams also compete in the Manufacturer's Championship. The 2014 Driver's World Champion is British racer Lewis Hamilton, while the Constructor's Champions are the [[German]] team known as the Mercedes AMG Petronas Formula One Team.

*'''[[Red Bull]] Racing''', which bought the [[Jaguar]] team in 2005, who in turn bought out the Stewart team.  The team's current drivers are Mark Webber ([[Australia]]) and Sebastien Vettel (Germany). The team uses Renault engines, and, like Toro Rosso, are sponsored by Red Bull.

*'''[[Red Bull]] Racing''', which bought the [[Jaguar]] team in 2005, who in turn bought out the Stewart team.  The team's current drivers are Mark Webber ([[Australia]]) and Sebastien Vettel (Germany). The team uses Renault engines, and, like Toro Rosso, are sponsored by Red Bull.

*'''[[Vodafone]] McLaren Mercedes''' was founded in 1966. They are the third most successful team in the sport's history, having won the constructors' title 8 times. The team was formed by the [[New Zealand]]er Bruce Mclaren. The current drivers are [[Sergio Perez]] and Jenson Button. Lewis Hamilton left McLaren at the end of the 2012 Formula One season and signed on to the Mercedes team for three seasons.  

*'''[[Vodafone]] McLaren Mercedes''' was founded in 1966. They are the third most successful team in the sport's history, having won the constructors' title 8 times. The team was formed by the [[New Zealand]]er Bruce Mclaren. The current drivers are Sergio Perez and Jenson Button. Lewis Hamilton left McLaren at the end of the 2012 Formula One season and signed on to the Mercedes team for three seasons.  

*'''Scuderia [[Ferrari]] [[Marlboro]]''', who first competed in the second-ever Formula One race at [[Monaco]] in 1950, are the most famous and most successful team in the history of Formula One, and present constructors' champions. They have won the constructors' championship 16 times, mostly because of the dominance of [[Michael Schumacher]], who holds the most championship wins in the sport's history. The team uses [[Ferrari]] engines and are sponsored by the [[Marlboro]] [[tobacco]] company. The current drivers are Fernando Alonso and Filipe Massa

*'''Scuderia [[Ferrari]] [[Marlboro]]''', who first competed in the second-ever Formula One race at [[Monaco]] in 1950, are the most famous and most successful team in the history of Formula One, and present constructors' champions. They have won the constructors' championship 16 times, mostly because of the dominance of [[Michael Schumacher]], who holds the most championship wins in the sport's history. The team uses [[Ferrari]] engines and are sponsored by the [[Marlboro]] [[tobacco]] company. The current drivers are Fernando Alonso and Filipe Massa

*'''Williams''', founded in 1977, are the second most successful team in F1's history, having won the constructors' title 9 times. However, they have not won the title since 1997. The team is heavily reliant on the money from PVDSA, the state oil company of socialist [[Venezuela]]. The team's present drivers are Pastor Maldonado (Venezuela) and Valtteri Bottas (Finland). The team uses Renault engines and are sponsored by various other Venezuelan state owned companies.

*'''Williams''', founded in 1977, are the second most successful team in F1's history, having won the constructors' title 9 times. However, they have not won the title since 1997. The team is heavily reliant on the money from PVDSA, the state oil company of socialist [[Venezuela]]. The team's present drivers are Pastor Maldonado (Venezuela) and Valtteri Bottas (Finland). The team uses Renault engines and are sponsored by various other Venezuelan state owned companies.

*'''Air Asia Caterham Team''' Originally Malaysia F1 team and owned by businessman Tony Fernandes, who also owns leading English football club QPR. The team's name was changed to LotusF1 before their first season in 2010, but Renault, who were sponsored by Lotus challenged this in court but lost. Meanwhile, Tony Fernandes bought out the [[car]] [[manufacturer]] Caterham and promptly renamed his team Caterham. The [[Malaysia]]n government, who owns Proton, which in turn owns Lotus Cars were also rumored to have let Fernandes buy Air Malaysia in return for him dropping the legal action against Lotus. Their drivers are currently Giedo Van der Garde and Charles Pic.

*'''Air Asia Caterham Team''' Originally Malaysia F1 team and owned by businessman Tony Fernandes, who also owns leading English football club QPR. The team's name was changed to LotusF1 before their first season in 2010, but Renault, who were sponsored by Lotus challenged this in court but lost. Meanwhile, Tony Fernandes bought out the [[car]] manufacturer Caterham and promptly renamed his team Caterham. The [[Malaysia]]n government, who owns Proton, which in turn owns Lotus Cars were also rumored to have let Fernandes buy Air Malaysia in return for him dropping the legal action against Lotus. Their drivers are currently Giedo Van der Garde and Charles Pic.

*'''Marussia F1''' A Russian team owned by car manufacturer Marussia, Jules Bianchi and Max Chilton currently race for them. They were originally Manor F1 and then became Virgin F1.

*'''Marussia F1''' A Russian team owned by car manufacturer Marussia, Jules Bianchi and Max Chilton currently race for them. They were originally Manor F1 and then became Virgin F1.