Formula One is the pinnacle of motorsport, featuring some of the world’s most talented racing drivers, fastest race cars, and exciting race tracks since its inaugural season in 1950. F1 is well known for the large amount of money teams use for technological advancements to make the fastest possible car under the International Automobile Federation (FIA) regulations. The goal of each and every team is to employ the best possible drivers with the best car and win the World Constructors’ Championship, which is won by accumulating the most points between their two drivers. At the end of a season, prize money is allocated, as well as various historical and long-standing team bonuses, which goes towards research and development for the years to come.