Formula One History has come a long way from the heavy vehicles of the early nineteenth century to the breathtaking flying machines of the new millennium. The first modern Formula One race was held on 13th May, 1950 at Silverstone in England. Giuseppe Farino with his Alfa Romeo158 defeated his nearest rival, the legendary Argentinean Juan Manual Fangio. Thereafter Fangio came to dominate the racing scene throughout the decade. Fangio moved on to Ferrari in 1955, and that resulted into the rise of Ferrari.
The color of the sixties was the British green. Colin Chapman's Team Lotus set new standards in Formula One Racing. The era is marked by the stupendous talents of Jim Clark, creating history on his Lotus 33. 1968 ushered in wings and spoile
The seventies started with the exploits of the young Brazilian Emerson Fittipaldi, who became the youngest driver to win the Grand Prix in Formula One History. However, soon his claim to supremacy was challenged by Jack Stewart. They together reigned the Formula 1 scene for the entire first half of the seventies, till Ferrari turned to Niki Lauda and Clay Ragazzoni following Stewart's retirement.
The early Eighties were marked by the violent debates between FISA and FOCA. 1983 saw the end of wing-cars according to the new FISA regulations. This was the time that saw the beginning of the turbo-age in the history of Formula One. The era was dominated by Nelson Piquet and McLaren on the tracks. This decade in the history of Formula One also featured the rise of Ayrton Senna and Alain Prost. The nineties began with the glories of Senna, rivaled only by the genius of Michael Schumacher. After the tragic death of Senna in 1994, Michael Schumacher emerged as the virtual god of F1.