Formula 1 Group holds exclusive commercial rights to the FIA Formula One World Championship, an annual, approximately nine-month-long, motor race-based competition in which teams compete for the Constructors’ Championship and drivers compete for the Drivers’ Championship. Formula 1 racing began in 1950 and is the global pinnacle of automotive racing. The 2025 FIA Formula One World Championship™ runs from March to November and spans across 21 countries and five continents.