Formula 1 racing began in 1950 in England at Silverstone after World War 2, with the first winner being Italian driver Giuseppe Farina driving a Ferrari. Argentine racer Juan Manuel Fangio dominated the early years of Formula 1, winning the championship 5 times between 1951-1957 while driving for Ferrari. Modern Formula 1 races involve 24 cars competing across various circuits, with points awarded to the top 10 finishers and constructors championships for the top teams.