The modern era of Formula One (the formula in the name refers to a set of rules to which all participants and cars must comply) began in 1950.
Photo: Giuseppe "Nino" Farina became the first World Drivers' Champion on September 3, 1950, Monza, Italy
Famous Argentinian driver Juan Manuel Fangio dominated the first decade of Formula One racing, winning the World Championship of Drivers five times. Photo: Juan Manuel Fangio in his Maserati before the Grand Prix of Modena, Italy, September 20, 1953.
AP Photo/Remo Nassi
Competing in a Formula One race has always been associated with danger as the early car designs offered little in the way of protection. Photo: Circuit Park Zandvoort, the Netherlands, June 19, 1955. The circuit gained popularity because of its fast, sweeping corners
The Circuit de Spa-Francorchamps which is a favourite circuit of many racing drivers and fans. Photo: The start of the Francorchamp Grand Prix in Belgium, June 3, 1956
Changes in regulations made Formula One cars are significantly safer. Photo: Austria’s Formula One racing car driver Jochen Rindt crosses the finish line, Dutch Grand Prix at Zandvoort, The Netherlands, June 21, 1970
The Monaco Grand Prix is considered the jewel in the crown of the Formula One races. Photo: Brazilian driver Ayrton Senna steers his McLaren-Honda in front of the Loews Hotel May 12, 1991
AP Photo/Lionel Cironneau
Technical innovation has always been the basis of Formula One. It takes many million dollars in research and development to improve the performance of the cars.
Photo: Michael Schumacher, Nicola Larini and Irish Eddie Irvine during the unveiling of the brand new Ferrari F310 F1 car, Maranello, February 15, 1996
AP Photo/Luca Bruno
As Formula One changed throughout the years so did its venues. Photo:The Marina Bay Circuit, Singapore, September 22, 2009
AP Photo/Wong Maye-E
Photo: A general view of the Monaco circuit, May 21, 2004
AP Photo/Remy de la Mauviniere
Photo: Interlagos circuit in Sao Paulo, Brazil, October 31, 2008
AP Photo/Andre Penner
Photo: Suzuka Circuit in Suzuka, Mie prefecture, central Japan, 03 October 2014
Photo: Bahrain International Circuit in Sakhir, Bahrain, April 9, 2014
AP Photo/Hasan Jamali
The inaugural Russian Grand Prix will be held at a racing track located near the Olympic Village in the coastal area of Sochi, Black Sea resort host of 2014 Olympic Winter Games. Photo: Russia's Formula 1 racing track in Sochi