![]() ![]() The F1 World Championship season consists of a series of races, known as Grands Prix, held usually on purpose-built circuits, and in a few cases on closed city streets the most prestigious of the street circuits is the Monaco Grand Prix. The "formula" in the name alludes to a series of rules established by the FIA to which all participants and vehicles are required to conform. F1 is the highest form of open wheeled auto racing series regulated by the Fédération Internationale de l'Automobile (FIA), motorsport's world governing body. ![]() A total of 73 World Championship seasons of Formula One (F1) have been run. ![]()
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