| The first Formula One world championship
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| | be made throughout the late 70's and 80's
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| race took place at Silverstone race track
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| | including the introduction and subsequent
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| in Britain in 1950 and was won by Italian
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| | banning of turbocharged engines. Perhaps
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| Giuseppe Farina, who only just managed to
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| | one of the more significant developments
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| defeat his Argentine team mate Juan
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| | were electronic driver aids, with the
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| Manual Fangio. However, Fangio won the
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| | first active suspension system being used
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| championship five times over the next ten
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| | by Lotus in 1982, followed by a
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| years, earning him the title of "grand
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| | progression to semi-automatic gearboxes
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| master" of Formula One from many motor
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| | and traction control. Despite complaints
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| sport enthusiasts.
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| | that new technologies were determining
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| During this initial period, Formula One
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| | the outcome of races more than the
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| was almost entirely dominated by teams
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| | drivers' skill, a move to ban the new
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| run by car manufacturers, including
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| | electronic aids proved fruitless as it
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| Ferrari and Mercedes Benz. However, over
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| | was discovered that a ban on such aids
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| the next 20 years the sport of Formula
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| | was hard to police.
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| One changed dramatically with the
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| | The teams of McLaren and Williams
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| introduction of not only engineering
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| | dominated throughout the 80s and into the
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| innovations such as fuel injection and
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| | 90s, with the rivalry between F1 legends
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| aluminium chassis but also instances of
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| | Ayrton Senna and Alain Prost capturing
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| sponsorship in the sport - the first
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| | fans' attention all over the world until
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| being when Lotus painted Imperial Tobacco
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| | Prost's retirement in 1993. Senna's death
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| livery on their cars in 1968. Lotus was
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| | during the San Marino Grand Prix in 1994
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| also the first team to introduce ground
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| | also made Formula One authorities look
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| effect aerodynamics that helped the cars
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| | more closely at driver safety standards -
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| increase their cornering speeds by
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| | a move which has ensured no further
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| providing tremendous down force.
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| | driver fatalities in the sport since that
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| Significant business decisions were made
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| | day.
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| during the 1970s, when a man by the name
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| | The dawn of the new millennium was also a
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| of Bernie Ecclestone rearranged the way
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| | new dawn for Formula One as Michael
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| Formula One's commercial rights were
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| | Schumacher, a skilful German driver,
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| managed. Ecclestone gained a seat on the
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| | began his dominance of the sport,
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| Formula One Constructors Association
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| | eventually winning an unprecedented five
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| following his purchase of the Brabham
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| | consecutive driver championships with his
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| team in 1971, before becoming the
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| | team, Ferrari, picking up six
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| president of the association in 1978.
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| | constructers championships. During this
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| Ecclestone began offering Formula One as
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| | time racing authorities made a number of
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| a package to circuit owners they could
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| | changes to the rules regarding the
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| either take or leave, when previously the
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| | qualifying format for races, the points
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| circuit owners negotiated with the teams
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| | scoring system and more besides. These
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| individually and controlled the teams'
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| | changes were designed to increase safety
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| income. In return for this package,
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| | and combat the spiralling cost of Formula
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| almost all circuit owners had to
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| | One.
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| surrender trackside advertising, thus
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| | But, despite worryingly low viewing
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| beginning the big money business of
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| | figures for racing seasons in the early
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| Formula One sponsorship that has seen
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| | 2000s, the future of the sport looks
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| tobacco companies, car credit and
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| | bright, with Bernie Ecclestone organising
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| consumer finance companies and oil
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| | a number of races in new countries,
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| companies among numerous corporate
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| | expanding Formula One into new areas of
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| sponsors all spending millions of pounds
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| | the globe and attracting new teams and
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| to have their names and logos on the cars
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| | drivers, all looking to pit their wits
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| and alongside the racetrack.
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| | against the big boys of the sport.
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| Technological advancements continued to
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