welcome everybody I have some news for you.
Frankfurt, 10 September
The Ferrari 458 Speciale was officially launched this afternoon at the Frankfurt International Motor Show, by President Luca di Montezemolo and Managing Director Amedeo Felisa and Vice President Piero Ferrari.
Besides this I wanted to talk about what Formula 1 is. I felt like it is important.
 When the French held the first grand prix in 1906, the race organizers, the Automobile Club de France, couldn't have guessed how big their motor sport would become. That first race featured 32 cars on a 65-mile course near Le Mans and took two days to complete. The average speed of the winning car, a­ Renault driven by Hungarian Ferenc Szisz, was 62.887 mph.
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­From those humble origins, Formula One racing was born, and over the years, it has grown to be one of the most popular sports in the world. Formula racing refers to a class of motor sport defined by open-wheeled, single-seat race cars. Open-wheeled cars have their wheels outside of the car's body, unlike "normal" cars and stock cars, whose wheels are under the fenders. As its name implies, Formula One is the pinnacle of formula racing, featuring the best drivers in the most powerful, technically advanced cars. A Formula One season consists of a series of races, or grands prix, held on circuits across the world. The results of each race are combined to determine two annual championships: the Formula One World Drivers' Championship and the For­mula One Constructors' Championship. A points system decides the champions for a given season. A driver earns points based on how he places in each race. The driver with the most points at the end of the season is crowned champion. a season consists of 15 to 17 races, with the majority of the races concentrated in Europe.­Winning in Formula One brings prestige -- and financial rewards. A driver's salary is established by his contract with the team.a driver can earn a bonus -- perhaps $150,000 or so -- for winning a race. He can also earn a bonus for winning the Driver's Championship. yep.. these were some of the facts about Formula 1 hope you enjoyed see ya all next week ;) bye.

source: http://auto.howstuffworks.com/auto-racing/motorsports/formula-one.htm