Constructors' Championship points are calculated by adding points scored in each race by any driver for that constructor. Different combinations of chassis and engine makes are considered to be different constructors for the purposes of the Championship. The Constructors' Championship was first awarded as the International Cup for F1 Manufacturers in 1958, and its current name was adopted in 1981. The World Constructors' Championship is awarded to the most successful Formula One constructor over the course of the season, as determined by a points system based on Grand Prix results. The championship is the successor of the pre-war AIACR European Championship held between 19. The World Drivers' Championship is awarded to the most successful F1 driver over the course of the season, as determined by a points system based on Grand Prix results, and has been awarded since the first F1 season in 1950.
The World Championship rule can be declared invalid if the FIA grants F1 an waiver for its "long‐established use of the word 'World'." Each season throughout F1 history has consisted of between 7 and 22 Grands Prix, and the regulations are regularly amended to enable an increase of the maximum number of permitted races each year. The season can be declared a World Championship if F1 visits at least 3 continents in that season according to the International Sporting Code.
As of 2021, the sporting regulations established by the FIA's Statutes state that the minimum number of events needed to form a F1 season is 8. The F1 World Championship season consists of a series of races, known as Grands Prix, held usually on purpose-built circuits, and in a few cases on closed city streets the most prestigious of the street circuits is the Monaco Grand Prix. The "formula" in the name alludes to a series of rules established by the FIA to which all participants and vehicles are required to conform. F1 is the highest form of open wheeled auto racing series regulated by the Fédération Internationale de l'Automobile (FIA), motorsport's world governing body. A total of 73 World Championship seasons of Formula One (F1) have been run.
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