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Fifty years have passed since the inception of the FIA World Drivers Championship Much has changed in these five decades but one thing remains distinctly the same Formula1 is was and always will be the most prestigious and demanding auto racing series in the worldThe World Championship began as a way of uniting the top racing series of the various European nations in a series that spanned the continent Administered by what is now the Federation Internationale de lAutomobile FIA the Championship used the new concept of a formula for participating cars vehicles involved had to meet specific criteria to be considered eligible to compete Prior to 1950 racecars were allowed to run in any possible configuration the variations causing disparity amongst the teams involved While the formula then determined only engine displacement it now covers nearly every aspect of chassis dimensions weight and engine specifications The 1950 series consisted of seven races the British Swiss Monaco Belgian French and Italian Grands Prix and the Indianapolis 500 The latter was included to spark interest in Grand Prix racing in America but in reality the effectiveness was negligible However included in the 2000 calendar of seventeen races was the United States Grand Prix at Indianapolis an event that was a huge success Its almost poetic that on the 50th anniversary of the Championship it should return to one of its original venues and achieve the success here that it failed to so times beforeThe following year added races in Germany and Spain but was otherwise insignificant The same cannot be said for 1952 and 1953 Due to financial troubles within the competing teams the championship was actually held using Formula2 specifications of smaller and accordingly more cost-efficient engines As a result the 1954 season marked the beginning of a new Formula1 specification and also the start of an eraFrom 1954 to 1957 Juan Manuel Fangio the 1951 Champion dominated Formula1 taking all four championships In doing
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