Formula One Championship Edition is a racing video game developed by Studio Liverpool and published by Sony Computer Entertainment for the PlayStation 3.

The main differences include the updated visuals for the PS3 including a lot more detail, Sixaxis compatibility, real time reflections, car reflections on wet circuits and new wet weather effects.

In the career mode, players begin by running tests for one of three teams (Toro Rosso, Super Aguri or Midland F1) at either the Silverstone, Magny Cours or Catalunya circuits.

The initial release did not include force feedback support, which is considered by many to be an important feature for simulation racing games used with driving wheel controllers.

Driver changes that happened during the real 2006 Formula One World Championship are also not included, such as Juan Pablo Montoya leaving McLaren after the United States Grand Prix and replaced by Pedro de la Rosa and Jacques Villeneuve leaving BMW Sauber after the German Grand Prix and replaced by Robert Kubica.

[5] 411Mania gave it an eight out of ten, praising the gameplay, graphics, customization and called it a "high-octane fun".

[18] The Sydney Morning Herald gave it three stars out of five, and was positive to the graphics and car handling.

[17] The Detroit Free Press was more negative to the game and gave it two stars out of four, writing: "How well can you follow a big green line?