FIA Prize Giving Ceremony in the context of World Constructors' Championship

Formula One, abbreviated to F1, is the highest class of open-wheeled auto racing series administered by the Fédération Internationale de l'Automobile (FIA), motorsport's world governing body. The "formula" in the name alludes to a series of rules set by the FIA to which all participants and vehicles are required to conform. The F1 World Championship season consists of a series of races, known as Grands Prix, usually held on purpose-built circuits, and in a few cases on closed city streets. A points scoring system is used for each Grand Prix held over the course of the F1 season to determine the outcome of two annual championships, one for drivers (World Drivers' Championship) since 1950, and one for constructors (World Constructors' Championship) since 1958. Each driver accumulates championship points individually in the World Drivers' Championship and collectively for the team they compete for in the World Constructors' Championship. Both championships are formally awarded at the end-of-season FIA Prize Giving Ceremony to the driver and team with the most points.

As of the 2025 Abu Dhabi Grand Prix, 356 drivers have scored Drivers' Championship points, and 73 out of 170 teams have scored Constructors' Championship points, in 1,149 World Championship races. Lewis Hamilton has the highest Drivers' Championship points total with 5018.5, Max Verstappen is second with 3444.5 and Sebastian Vettel is third with 3098. Scuderia Ferrari holds the record for the highest Constructors' Championship points total with 10722, Red Bull Racing is second with 8288, and Mercedes is third with 8159.5. Drivers received an equal points distribution share if they shared a car with another or set the same fastest lap as another between 1950 and 1957. Second drivers of teams who officially entered only one car were ineligible for points on two occasions involving three drivers.

Formula One, abbreviated to F1, is the highest class of open-wheeled auto racing defined by the Fédération Internationale de l'Automobile (FIA), motorsport's world governing body. The "formula" in the name refers to a set of rules to which all participants and cars must conform. The Formula One World Championship season consists of a series of races, known as Grands Prix, held usually on purpose-built circuits, and in a few cases on closed city streets. The World Drivers' Championship is presented by the FIA to the most successful Formula One driver over the course of the season through a points system based on individual Grand Prix results. The World Championship is won by a driver when it is no longer mathematically possible for another competitor to overtake their points total regardless of the outcome of the remaining races, although it is not officially awarded until the FIA Prize Giving Ceremony (held in various cities in different years) following the conclusion of the season.

Michael Schumacher and Lewis Hamilton hold the record for the most World Drivers' championships, both having won the title on seven occasions. Juan Manuel Fangio is third with five titles. Schumacher also holds the record for the most consecutive World Drivers' titles with five between the 2000 and the 2004 seasons. Nigel Mansell holds the record of competing in the highest number of seasons before winning the World Drivers' Championship, entering Formula One in 1980 and achieving the title in 1992, a span of 13 seasons. Nico Rosberg has the highest number of Grand Prix starts before winning his first title, a period of 206 Grands Prix between the 2006 Bahrain and the 2016 Abu Dhabi Grand Prix. Sebastian Vettel is the youngest winner of the World Drivers' Championship; he was 23 years and 134 days old when he won the 2010 championship. Juan Manuel Fangio is the oldest winner of the World Drivers' Championship; he was 46 years and 41 days old when he won the 1957 title.

Formula One, abbreviated to F1, is the highest class of open-wheeled motorsport defined by the Fédération Internationale de l'Automobile (FIA), motorsport's world governing body. The "formula" in the name refers to a set of rules to which all participants and cars must conform. The F1 World Championship season consists of a series of races, known as Grands Prix, held usually on purpose-built circuits, and in a few cases on closed city streets. The World Constructors' Championship is presented by the FIA to the most successful F1 constructor over the course of the season through a points system based on individual Grand Prix results. Constructors' Championship points are calculated by adding points scored in each race by any driver for that constructor. According to FIA regulations, the constructor of a chassis and an engine of a Formula One car is a person or corporate entity that owns the intellectual rights to the chassis and the engine of the car that a team/entrant enters into a competition.

From the inaugural season of the World Constructors' Championship in 1958 up until the 1978 season only the highest-scoring driver in each race for each constructor contributed points towards the World Constructors' Championship (then officially as the International Cup for Formula One Constructors); since the 1979 season points from all cars entered by each constructor have counted towards their championship total. The Constructors' Championship is won when it is no longer mathematically possible for another constructor to overtake another's points total regardless of the outcome of the remaining races, although it is not officially awarded until the FIA Prize Giving Ceremony held in various cities following the conclusion of the season.