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 consider creating a new sanctioning body to conduct the races. Meanwhile, two events had a concomitant effect on the situation. Tony Hulman, president of the Indianapolis Motor Speedway and founder of USAC, died in the fall of 1977. A few months later, eight key USAC officials were killed in a plane crash. By the end of 1978, the owners had broken away and founded Championship Auto Racing Teams (CART) to wrest control of Championship racing away from USAC. Championship Auto Racing Teams (CART) was formed by most of the existing team owners, with some initial assistance from the SCCA (in