Formula Acceleration 1 the A1 Grand Prix between 2005 and 2008. Formula Acceleration 1 Formula Acceleration 1 (FA1) was a single make, open wheel auto racing series. It was unusual in its field in that competitors solely represented their nation as opposed to themselves or a team, the usual format in most formula racing series. FA1 was created in 2014 as the signature category in the Acceleration 2014 series of motorsport festivals. Rather than developing their own car, the series reduced costs substantially by using the Lola B05/52 which was used in the early years of the A1 Grand Prix series. They also
American open-wheel car racing at the Indianapolis Motor "Speedway" and other major "speedways", as opposed to those driven at smaller tracks, for instance. However, the term "Champ Cars" prevailed as the preferred moniker. In most years since the USAC era, the term "Indy cars" (after the Indy 500) has taken over as the preferred moniker. Apropos to that, when CART was founded in 1979, its acronym stood for "Championship Auto Racing Teams", which reflected the historical use of the term "Championship Car." Soon thereafter, CART started exclusively marketing itself with the two-word "Indy car" term, advertising itself as the "CART Indy Car World Series."