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...keep the cost of running a Formula One team in check, prevent teams from leaving, and to make racing more competitive and exciting, the sport's ruling body has brought in a slew of new rules over the past three years. Key changes...
...event double to almost $30 million in the past five years - $45 million for newer races in Abu Dhabi, Singapore and Korea. As a result, they've jacked up prices for the best seats over a race weekend to an average of $722, a rise of 50% from three years ago. Average three-day attendance fell from 187,724 in 2008 to 161, 613 in 2009. "In Bahrain, all you could see in the stands were a few civil servants," says one attendee. (See a brief history of Formula...
...bumpy tracks of Monza and Silverstone, the championship was a race between European cars mostly driven by European drivers and watched by European fans. The drivers took their lives in their hands every time they got behind the wheel. Many didn't make it. Jackie Stewart, three-time F1 world champion, used to look back at his house before leaving to drive at Germany's original Nürburgring in case he never saw it again. "The Nürburgring has 187 corners - it's like Afghanistan," says Stewart. (Read: "Formula One: Behind the Wheels...
...constructor's race, has a quick young German driver named Sebastian Vettel whose nickname is Baby Schumi. With Alonso and Felipe Massa behind the wheel, Ferrari is again a strong contender, and Ferrari, by general consensus and its own elevated self-image, is the beating red heart of F1. Three out of 4 fans who follow a team are Ferrari fans. (See the most expensive car ever auctioned...
...costs by 30%, drivers have to use the same engine for three, rather than two, consecutive events and are limited to eight engines per season. Engine limits reduced from 19,000 r.p.m. to 18,000 r.p.m. In-season testing banned...