The form of racing that involves formula cars is known as Formula Racing. This high-speed motorsport features single-seater cars built to strict specifications defined by the Fédération Internationale de l'Automobile (FIA). The most famous series is Formula One, where teams compete on various circuits around the world. Formula racing emphasizes technical innovation, driver skill, and teamwork, often resulting in thrilling races characterized by high speeds, challenging tracks, and strategic pit stops.