Motorsport or motor sport is a global term used to encompass the group of competitive sporting events which primarily involve the use of motorised vehicles, whether for racing or non-racing competition. The terminology can also be used to describe forms of competition of two-wheeled motorised vehicles under the banner of motorcycle racing, and includes off-road racing such as motocross.
Four- (or more) wheeled motorsport competition is globally governed by the Fédération Internationale de l’Automobile (FIA); and the Fédération Internationale de Motocyclisme (FIM) governs two-wheeled competition.
Formula racing is a set of classes of motor vehicles, with their wheels outside, and not contained by, any bodywork of their vehicle. These have been globally classified as specific ‘Formula’ series – the most common being Formula One, and many others include the likes of Formula 3, Formula Ford ( British Formula 4), Formula Renault ( Gone now) However, in North America, the IndyCar series is their pinnacle open-wheeled racing series. More recently, new open-wheeled series have been created, originating in Europe, which omit the ‘Formula’ moniker, such as GP2 (Formula Two) and GP3. Former ‘Formula’ series include Formula 5000 and Formula Two.
Formula One is a class of single-seat and open-wheel grand prix closed course racing, governed by the Fédération Internationale de l’Automobile (FIA), and currently organized by the privately owned company Formula One Group. The formula regulations contain a very strict set of rules which govern vehicle power, weight and size.
Formula E is a class of open-wheel auto racing that uses only electric-powered cars. The series was conceived in 2012, and the inaugural championship started in Beijing on 13 September 2014. The series is also sanctioned by the FIA and races a spec chassis/battery combination with manufacturers allowed to develop their own electric power-trains. The series has gained significant traction in recent years.