Formula One holds pole position in the world of motorsport, its status built on iconic manufacturers like Ferrari and elite circuits around the world – from Monaco to Tokyo. It is a highly lucrative sport, with the
amounting to more than 2.5 billion U.S. dollars in 2022. A significant share of this sum goes towards teams: in 2023, the
totaled around one billion U.S. dollars. Meanwhile, the participants themselves are also well compensated, with the
earning over 50 million U.S. dollars per year.
Who are the best F1 drivers of all time?
Formula One has certainly had its fair share of stars across the years, with the best drivers breaking numerous records behind the wheel. Many individual records are held by Lewis Hamilton, who shares the honor of being the
F1 driver with the most World Championship titles with Michael Schumacher. Hamilton is also the
driver with the most race wins, while Schumacher holds the record for being the
driver with the highest number of fastest laps.
Who are the best F1 teams?
While there are many iconic Formula One teams, one F1 constructor stands out in terms of all-time records. Ferrari, represented for many years by Michael Schumacher, is the
constructor with the most World Championship titles, as well as the
constructor with the most Championship points. However, other teams have had success in recent years, including Red Bull, who won the World Championship in 2022 and 2023. With Max Verstappen making a bright start to the 2024 season, Red Bull has every chance of making it three in a row.
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