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Formula 1 in shanghai

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Formula One,also known as Formula 1 or Fl and referred to officially as the FIA Formula One World Championship,is the highest class of single-seater auto racing sanctioned by the Federation Internationale de 1’Automobile(FIA).The“formula”,designated in the name,refers to a set of rules with which all participants’cars must comply.The Fl season consists of a series of races,known as Grands Prix(from French,originally meaning great prizes),held throughout the world on purpose-built circuits and public roads.The results of each race are evaluated using a points system to determine two annualWorld Championships,one for the drivers and one for the constructors.

The racing drivers,constructor teams,track officials,organisers,and circuits are required to be holders of valid Super Licences,the highest class of racing licence issued by the FIA.

The Shanghai International Circuit is a motorsport race track,situated in the Jiading District of Shanghai.The circuit is best known as the venue for the annual Formula 1 Chinese Grand Prix,which was first hosted in 2004.

The Chinese Grand Prix attracted 260,000 spectators in its inaugural year in 2004 with a slight 10,000 increase in 2005,but attendance has since declined with 155,000 attending in 2010.On Feb18,2011Reuters reported from the Chinese Grand Prix organizers that Shanghai has extended the deal to host the Chinese Grand Prix to 2018 despite falling attendance.Shanghai Sports Bureau that he suggested the situation can improve in the following years by lowering the ticket cost.Reuters reported prices for prime seats range would decrease from 3,580-3,980 yuan in 2010 to 1,980-3,280 yuan in 2011.On the same day,AFP reported that the Shanghai government will open a subway line to the race track to boost spectator numbers.

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