[1] F1 is the highest form of open wheeled auto racing series regulated by the Fédération Internationale de l'Automobile (FIA), motorsport's world governing body.
[2] The "formula" in the name alludes to a series of rules established by the FIA to which all participants and vehicles are required to conform.
[5] As of 2021[update], the sporting regulations established by the FIA's Statutes state that the minimum number of events needed to form a F1 season is 8.
"[8] Each season throughout F1 history has consisted of between 7 and 22 Grands Prix,[a][10] and the regulations are regularly amended to enable an increase of the maximum number of permitted races each year.
[1][18] As of the 2024 Abu Dhabi Grand Prix,[update] a total of 1,125 Formula One World Championship races have been held in 34 countries.