The F1 World Championship season consists of a series of races around the world, known as Grands Prix, usually held on purpose-built circuits, and in a few cases on closed city streets. The "formula" in the name alludes to a series of FIA rules to which all participants and vehicles are required to conform. Formula One, abbreviated to F1, is the highest class of open-wheeled auto racing series managed by the Fédération Internationale de l'Automobile (FIA), motorsport's world governing body.
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