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Formula 1 Overview and Insights

Formula 1 is the highest class of single seater auto racing sanctioned by FIA. Races known as Grand Prix are held on circuits in Europe. There are annual drivers' and constructors' world championships. A modern Formula 1 car is powered by a V8 engine, can reach speeds up to 360 km/h, and costs approximately £150,000. Formula 1 has become a big business generating over £680 million in revenue each year.

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Rahul Purshottam
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253 views18 pages

Formula 1 Overview and Insights

Formula 1 is the highest class of single seater auto racing sanctioned by FIA. Races known as Grand Prix are held on circuits in Europe. There are annual drivers' and constructors' world championships. A modern Formula 1 car is powered by a V8 engine, can reach speeds up to 360 km/h, and costs approximately £150,000. Formula 1 has become a big business generating over £680 million in revenue each year.

Uploaded by

Rahul Purshottam
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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30-07-2010 Rahul Purushothaman 1

What is Formula 1?
Highest Class of Single Seater Auto Racing Championship
Sanctioned by The FIA.
Inaugural Season In 1950.
The “Formula” in the title implies to a set of rules to which the
teams & drivers must comply.
Formula 1 has its traditional centre in Europe.
The Formula 1 season consists of races known as Grand Prix
held on purpose built circuits and on public roads.
Two annual World Championships one for the drivers and one
for the constructors.
A Formula 1 race consists of 50-70 laps.
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Racing Standards
Qualifying session prior to raceday.
Driver Safety.
Safety Car in case of any incident.
HANS Device.

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The Formula 1 Car

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A modern Formula One Car is powered by a 2.4 litre V8
engine positioned behind the driver.
Formula One cars race at high speeds, up to 360 km/h.
The cars are constructed from composites of carbon fibre.
Cost of a Formula 1 car is approximately £150,000

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Teams

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Teams of Formula 1 include world renowned car
manufacturers and privateers or “GARAGISTES ”.
Each team consists of:
 Team Principal
 Three Drivers
 Technical Director
 Engineers
 Pit Stop Crew
 Spokesperson

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Huge Money
Over the years Formula 1 has turned out to be a big
business opportunity.
Commercialisation by Bernie Eccelestone in the 1970’s.
A Television Viewership of 600mn for each race.
SPONSORSHIP, ticket sales, merchandising, generate a
overall revenue of approx. £680 million.
Lotus Racing was the first team to bring sponsorship to
the sport.

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F1 and INDIA

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The Indian GP

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PRO’S CON’S
 Entertainment  Heavy Fuel Consumption
 Big Business  Risky
 Competition  Difficult to be consistent
 Employment Generator  Overall a very expensive sport

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FORMULA 1
BY
Rahul Purushothaman
Date:30/07/2010

THANK YOU
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