Formula One World Drivers' Championship was not formalised until 1947. The first world championship race was held at Silverstone, United Kingdom in 1950. A championship for constructors followed in 1958. National championships existed in South Africa and the UK in the 1960s and 1970s. Non-championship Formula One events were held for many years, but due to the increasing cost of competition, the last of these occurred in 1983. On 26 November 2017, Formula One unveiled its new logo, following the 2017 season finale in Abu Dhabi during the Abu Dhabi Grand Prix at Yas Marina Circuit. The new logo replaced F1's iconic
Marina Bay Street Circuit Marina Bay Street Circuit The Marina Bay Street Circuit (otherwise known as the Singapore Street Circuit) is a street circuit around Marina Bay, Singapore, encompassing the planning areas of Downtown Core (Turns 4 to 23) and Kallang (Turns 1 to 3). It is the venue for the Singapore Grand Prix. The track is long in a harbourside location similar in style to the Circuit de Monaco and the Valencia Street Circuit. The circuit is designed by KBR, Inc., a modification of the original one first proposed by Hermann Tilke. The circuit has a FIA Grade 1 license. The circuit holds