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Step 1
Learn the history. Formula One has a long and prestigious history that is intertwined with high brow European culture. The sport finds its roots in Europe's Grand Prix Motor Racing, in which the concept for a formula to govern car entrance was first developed. Take a look at these first years of formula racing to start to understand F1.
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Step 2
Get familiar with the cars. A large part of the appeal of Formula One racing is the cars that participate. The mid-engine, open cockpit machines are the cutting edge of automotive technology. Millions of dollars are poured into their super powered engines, improved aerodynamics and suspension systems. Take a look at today's cars and their aerodynamic features to get an understanding of the racing sport.
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Step 3
Know the drivers. Perhaps more important than the technology that powers Formula One is the driving talent that mans the machines. Michael Schumacher, for instance, is a name you must know, since Schumacher has accomplished more and done more to popularize the sport than any other racer. Fernando Alonso and Kimi Räikkönen of Finland are two other names to pay attention to.
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Step 4
Check out the teams and the marketing. Where there's fanfare on the level of Formula One there is bound to be money. Sure enough, there is a lot of money in Formula One. Part of understanding the racing sport requires knowing how corporate sponsors market products by supporting car-maker based teams. Ownership of ad rights for races goes to the Formula One Group, which is a major business powerhouse.
