Formula One (also Formula 1 or F1) is the highest class of single-seater auto racing sanctioned by the Fédération Internationale de l'Automobile (FIA) and owned by the Formula One Group. The FIA Formula One World Championship has been one of the premier forms of racing around the world since its inaugural season in 1950. The word "formula" in the name refers to the set of rules to which all participants' cars must conform. A Formula One season consists of a series of races, known as Grands Prix (French for 'grand prizes' or 'great prizes'), which take place worldwide on purpose-built circuits and on public roads.
The results of each race are evaluated using a points system to determine two annual World Championships: one for drivers, the other for constructors. Drivers must hold valid Super Licences, the highest class of racing licence issued by the FIA. The races must run on tracks graded "1" (formerly "A"), the highest grade-rating issued by the FIA. Most events occur in rural locations on purpose-built tracks, but several events take place on city streets.
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The Brabham BT19 is a Formula One racing car designed by Ron Tauranac for the British Brabham team. The BT19 competed in the 1966 and 1967 Formula One World Championships and was used by Australian driver Jack Brabham to win his third World Championship in 1966. The BT19, which Brabham referred to as his "Old Nail", was the first car bearing its driver's name to win a World Championship race. The car was initially conceived in 1965 for a 1.5-litre (92-cubic inch) Coventry Climax engine, but never raced in this form. For the 1966 Formula One season the Fédération Internationale de l'Automobile (FIA) doubled the limit on engine capacity to 3 litres (183 cu in). Australian company Repco developed a new V8 engine for Brabham's use in 1966, but a disagreement between Brabham and Tauranac over the latter's role in the racing team left no time to develop a new car to handle it. Instead, the existing BT19 chassis was modified for the job. Only one BT19 was built. As of 2008, it is owned by Repco and on display in the National Sports Museum in Melbourne, Australia. It is often demonstrated at motorsport events.
Current World Championship standings