FIA and Formula 1 have introduced new rules for the 2021 season, which include major changes to the technical and sporting regulations, but the biggest novelty is the financial regulations that regulate the amount and the way budgets are spent, for the first time in F1 history.

Since 2007, Formula 1 has a single tyre supplier (Bridgestone 2007 - 2010, Pirelli since 2011). Today, all teams must use identical Pirelli tyres

In the event of an accident or extremly poor conditions, FIA has two main methods of neutralising a practice session or race - safety car or virtual safety car (VSC) whic was introduced in 2015.

First ten drivers are awarded points for drivers' and constructors' championship

Drag Reduction System was introduced in 2011. to help drivers overtake by reducing the angle of attack of rear wing flap, which is strictly controlled by the rules