Formula One World Champion

A Formula One World Champion is a racing driver or automobile constructor which has been designated such a title by the governing body of Formula One - the Fédération Internationale de l'Automobile (FIA). Every Formula One World Champion since the inaugural World Drivers' Championship in 1950 and the inaugural World Constructors' Championship in 1958 has been awarded the title by accumulating the required points during the course of the F1 season of that particular year, by participating in relevant Grands Prix.{{Cite web|title=The FIA FAQ on Formula One World Championship|url=http://www.atlasf1.com/ref/fiafaq.html|url-status=live|archive-url=https://web.archive.org/web/20010405024943/http://www.atlasf1.com/ref/fiafaq.html#q1|archive-date=5 April 2001|access-date=28 February 2021|website=AtlasF1}}

The winner of the FIA Formula One World Drivers' Championship (WDC) is the most successful Formula One driver over a particular season, as determined by a points system based on individual Grand Prix results.{{Cite journal|last1=Budzinski|first1=Oliver|last2=Feddersen|first2=Arne|date=March 2019|title=Measuring Competitive Balance in Formula One Racing|url=https://www.econstor.eu/bitstream/10419/195190/1/1662796994.pdf|journal=Ilmenau Economics Discussion Papers|volume=25|issue=121|pages=5, 7|issn=0949-3859|access-date=26 December 2021|via=EconStor}} Lewis Hamilton and Michael Schumacher hold the joint record for most Drivers' Championships with seven apiece.{{cite web|title=Drivers' Championships|url=https://www.chicanef1.com/alldchmps.pl|access-date=26 December 2021|publisher=ChicaneF1}}

The winner of the Formula One World Constructors' Championship (WCC) is the most successful Formula One constructor over a particular season, as determined by a points system. The Constructors' Championship was first awarded, as the International Cup for F1 Manufacturers, in 1958 to Vanwall.{{Cite web|last=Holding|first=Joe|date=6 February 2021|title=Most successful F1 teams: Which team has the most constructors' titles?|url=https://www.autosport.com/f1/news/154928/which-f1-team-has-the-most-constructors-titles|url-status=live|archive-url=https://web.archive.org/web/20210206171428/https://www.autosport.com/f1/news/154928/which-f1-team-has-the-most-constructors-titles|archive-date=6 February 2021|access-date=26 December 2021|website=Autosport}} Ferrari hold the record for most Constructors' Championships with 16.{{Cite web|title=Constructors' Championships|url=https://www.chicanef1.com/allconsts.pl|access-date=26 December 2021|publisher=ChicaneF1}}