1950 – First World
Championship for drivers under FIA.
1950 – First Race was
the British Grand Prix.
1950 – First rear-engine
car competes in a world championship event.
1953 – First South
American race is held on the Buenos Aries circuit and more spectators then the facility could hold attended. Several died
when sitting on the edge of the raceway.
1955 – Bill Vukovich
was killed in the Indianapolis
500.
1957 – Juan Fangio
wins his 5th world championship.
1962 – Stirling Moss
suffers a career ending crash.
1966 – Start of the
3 litre engine in Formula one.
1968 – Sponsorship
makes its first appearance in the sport.
1968 – Wings appear
on Grand Prix cars to help with down force.
1969 – Four wheel drive
cars were used by Matra, Lotus, and McLearn, but were not successful.
1971 – Mario Andretti
gets his first win in a Ferrari.
1973 – The Ford DFV
engine wins every Grand Prix of the season.
1973 – The pace car
is used for the first time in F1 during the Canadian Grand Prix.
1977 – Ground effects
are introduced.
1978 – Medical cars
now follow F1 cars to improve reaction time.
1984 – First race composed
of all turbo-charged cars.
1989 – F1 has top involvement
with 39 cars competing.
1990 – 500th
F1 Grand Prix is held in Adelaide.
1991 – Mika Hakkinen
makes F1 Debut.
1991 – Michael Schumacher
makes F1 Debut.
1991 – Shortest race
in history, 14 laps.
1992 – Giovanna Amati
is the first woman to appear on the entry list since Lella Lombardi in the 70’s.
1994 – First German
World Champion, Michael Schumacher.
1996 – Schumacher joins
Ferrari team and becomes the first race car driver to make the top 10 wealthiest athletes in the world, second to Michael
Jordan.
1997 – Bridgestone
supplies almost half of the tires in formula one.
1997 – Three drivers
clock the same qualifying time.
1999 - Eccelstone sells 50% of his shares
to Deutsche Bank's Morgan Grenfell Private Equity worth $1.3 Billion.