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=== Hybrid era === A major rule shakeup in {{F1|2014}} saw the 2.4-litre naturally aspirated V8 engines replaced by 1.6-litre turbocharged hybrid power units. This prompted Honda to return to the sport in 2015 as the championship's fourth power unit manufacturer. Mercedes emerged as the dominant force after the rule shakeup, with [[Lewis Hamilton]] winning the championship closely followed by his main rival and teammate, [[Nico Rosberg]], with the team winning 16 out of the 19 races that season. The team continued this form in the next two seasons, again winning 16 races in {{F1|2015}} before taking a record 19 wins in [[2016 Formula One World Championship|2016]], with Hamilton claiming the title in the former year and Rosberg winning it in the latter by five points. The 2016 season also saw a new team, [[Haas F1 Team|Haas]], join the grid, while [[Max Verstappen]] became the youngest-ever race winner at age 18 in [[Spanish Grand Prix|Spain]].<ref>{{Cite news |last=Ostlere |first=Lawrence |date=15 May 2016 |title=F1: Max Verstappen wins Spanish GP after Lewis Hamilton and Nico Rosberg crash โ as it happened |language=en-GB |work=the Guardian |url=http://www.theguardian.com/sport/live/2016/may/15/f1-spanish-gp-live-lewis-hamilton-nico-rosberg |access-date=28 April 2023 |issn=0261-3077 |archive-date=31 July 2017 |archive-url=https://web.archive.org/web/20170731070554/https://www.theguardian.com/sport/live/2016/may/15/f1-spanish-gp-live-lewis-hamilton-nico-rosberg |url-status=live }}</ref> [[File:FIA F1 Austria 2018 Nr. 44 Hamilton.jpg|thumb|[[Mercedes-Benz in Formula One|Mercedes]] won eight consecutive constructors' titles and [[Lewis Hamilton]] won six drivers' titles during the beginning of the hybrid era.]] After revised aerodynamic regulations were introduced, the [[2017 Formula One World Championship|2017]] and [[2018 Formula One World Championship|2018]] seasons featured a title battle between Mercedes and Ferrari.<ref>{{Cite web |last=Brierty |first=William |date=28 December 2017 |title=2017 F1 Season Review โ Top 10 drivers of the season |url=https://readmotorsport.com/2017/12/28/2017-f1-season-review-top-10-drivers-season/ |access-date=6 February 2017 |website=Read Motorsport |language=en |archive-date=5 January 2018 |archive-url=https://web.archive.org/web/20180105161801/http://readmotorsport.com/2017/12/28/2017-f1-season-review-top-10-drivers-season/ |url-status=live }}</ref><ref>{{Cite web |date=29 August 2017 |title=Vettel: I believe we have the best car |url=https://www.grandprix247.com/2017/08/29/vettel-i-believe-we-have-the-best-car/ |access-date=6 February 2023 |website=GRAND PRIX 247 |language=en-US |archive-date=29 August 2017 |archive-url=https://web.archive.org/web/20170829134257/https://www.grandprix247.com/2017/08/29/vettel-i-believe-we-have-the-best-car/ |url-status=live }}</ref><ref>{{Cite news |last=Parkes |first=Ian |date=1 December 2017 |title=An Exciting F1 Season That Still Ended With Mercedes on Top |language=en-US |work=The New York Times |url=https://www.nytimes.com/2017/12/01/sports/autoracing/mercedes-f1-season-review.html |url-access=registration |access-date=6 February 2023 |issn= |archive-date=6 February 2023 |archive-url=https://web.archive.org/web/20230206222629/https://www.nytimes.com/2017/12/01/sports/autoracing/mercedes-f1-season-review.html |url-status=live }}</ref><ref>{{Cite web |date=2018 |title=2018 F1 World Championship {{!}} Motorsport Database |url=https://www.motorsportmagazine.com/database/championships/2018-f1-world-championship/ |access-date=6 February 2023 |website=Motorsport Database โ Motor Sport Magazine |language=en-GB |archive-date=6 February 2023 |archive-url=https://web.archive.org/web/20230206222630/https://www.motorsportmagazine.com/database/championships/2018-f1-world-championship/ |url-status=live }}</ref> Mercedes ultimately won the titles with multiple races to spare and continued to dominate in the next two years,<ref>{{Cite web |date=30 December 2020 |title=The incredible origin story of the Mercedes F1 era |url=https://the-race.com/formula-1/the-incredible-origin-story-of-the-mercedes-f1-era/ |access-date=9 January 2023 |website=The-Race.com |language=en-GB |archive-date=9 January 2023 |archive-url=https://web.archive.org/web/20230109031646/https://the-race.com/formula-1/the-incredible-origin-story-of-the-mercedes-f1-era/ |url-status=live }}</ref> eventually winning seven consecutive Drivers' Championships from 2014 to [[2020 Formula One World Championship|2020]] and eight consecutive Constructors' titles from 2014 to 2021. During this eight-year period between 2014 and 2021, a Mercedes driver won 111 of the 160 races,<ref>{{Cite web |title=Mercedes โ Seasons โข STATS F1 |url=https://www.statsf1.com/en/mercedes/saison.aspx |access-date=18 January 2023 |website=statsf1.com |archive-date=18 January 2023 |archive-url=https://web.archive.org/web/20230118222811/https://www.statsf1.com/en/mercedes/saison.aspx |url-status=live }}</ref> with Hamilton winning 81 of these and taking six Drivers' Championships during this period to equal Schumacher's record of seven titles.<ref>{{Cite web |date=23 March 2015 |title=Mercedes Formula 1 domination: How they created such a big advantage over their rivals |url=https://foxsports.com.au/motorsport/formula-one/mercedes-formula-1-domination-how-they-created-such-a-big-advantage-over-their-rivals/news-story/c63f5c9182e6deec9e1d5629792f3908 |access-date=9 January 2023 |website=Fox Sports |language=en |archive-date=9 January 2023 |archive-url=https://web.archive.org/web/20230109031652/https://www.foxsports.com.au/motorsport/formula-one/mercedes-formula-1-domination-how-they-created-such-a-big-advantage-over-their-rivals/news-story/c63f5c9182e6deec9e1d5629792f3908 |url-status=live }}</ref><ref>{{Cite web |last=Horton |first=Phillip |date=22 February 2022 |title=The Secret to Mercedes' F1 Dominance Is Really No Secret |url=https://www.autoweek.com/racing/formula-1/a39172422/secret-to-mercedes-f1-dominance-really-no-secret/ |access-date=9 January 2023 |website=Autoweek |language=en-US |archive-date=9 January 2023 |archive-url=https://web.archive.org/web/20230109030156/https://www.autoweek.com/racing/formula-1/a39172422/secret-to-mercedes-f1-dominance-really-no-secret/ |url-status=live }}</ref><ref>{{Cite web |title=How does Mercedes' dominance of F1 compare to previous eras? |url=https://www.autosport.com/f1/news/how-does-mercedes-dominance-of-f1-compare-to-previous-eras-4999120/4999120/ |access-date=18 January 2023 |website=Autosport.com |date=13 October 2015 |language=en |archive-date=18 January 2023 |archive-url=https://web.archive.org/web/20230118222809/https://www.autosport.com/f1/news/how-does-mercedes-dominance-of-f1-compare-to-previous-eras-4999120/4999120/ |url-status=live }}</ref> In [[2021 Formula One World Championship|2021]], the Honda-powered Red Bull team began to seriously challenge Mercedes, with Verstappen beating Hamilton to the Drivers' Championship after a season-long battle that saw the pair exchange the championship lead multiple times. This era has seen an increase in car manufacturer presence in the sport. After Honda's return as an engine manufacturer in 2015, Renault came back as a team in 2016 after buying back the [[Lotus F1 Team]]. In 2018, [[Aston Martin]] and [[Alfa Romeo]] became Red Bull and Sauber's title sponsors, respectively. Sauber was rebranded as [[Alfa Romeo Racing]] for the 2019 season, while [[Racing Point]] part-owner [[Lawrence Stroll]] bought a stake in Aston Martin to rebrand the Racing Point team as Aston Martin for 2021. In August 2020, all ten F1 teams signed a new Concorde Agreement committing them to the sport until 2025, including a $145 million budget cap for car development to support equal competition and sustainable development.<ref>{{cite news |last=Richards |first=Giles |date=23 May 2020 |title=F1 teams agree to introduce budget cap from 2021 onwards |url=https://www.theguardian.com/sport/2020/may/23/f1-teams-agree-to-introduce-budget-cap-from-2021-onwards |work=The Guardian |access-date=28 June 2020 |archive-date=29 June 2020 |archive-url=https://web.archive.org/web/20200629065814/https://www.theguardian.com/sport/2020/may/23/f1-teams-agree-to-introduce-budget-cap-from-2021-onwards |url-status=live }}</ref><ref>{{Cite web|last=Smith|first=Luke|title=All 10 Formula 1 teams sign up for new Concorde Agreement|url=https://www.autosport.com/f1/news/151511/all-f1-teams-sign-up-for-new-concorde-agreement|access-date=5 October 2020|website=Autosport.com|date=19 August 2020|language=en|archive-date=4 December 2020|archive-url=https://web.archive.org/web/20201204120305/https://www.autosport.com/f1/news/151511/all-f1-teams-sign-up-for-new-concorde-agreement|url-status=live}}</ref> The [[COVID-19 pandemic]] forced the sport to adapt to budgetary and logistical limitations. A significant overhaul of the technical regulations intended to be introduced in the 2021 season was pushed back to 2022,<ref>{{cite web |url=https://www.formula1.com/en/latest/article.fia-announce-new-f1-regulations-to-be-delayed-until-2022.1lwtaLmpNcQd0z9SnMEyK8.html |title=FIA announce new F1 regulations to be delayed until 2022 |date=19 March 2020 |access-date=9 June 2021 |website=Formula1.com |archive-date=12 January 2021 |archive-url=https://web.archive.org/web/20210112224909/https://www.formula1.com/en/latest/article.fia-announce-new-f1-regulations-to-be-delayed-until-2022.1lwtaLmpNcQd0z9SnMEyK8.html |url-status=live }}</ref> with constructors instead using their 2020 chassis for two seasons and a token system limiting which parts could be modified introduced.<ref>{{Cite web|date=2 June 2020|title=Six key questions about F1's new token system answered|url=https://the-race.com/formula-1/six-key-questions-about-f1s-new-token-system-answered/|url-status=live|archive-url=https://web.archive.org/web/20201012115931/https://the-race.com/formula-1/six-key-questions-about-f1s-new-token-system-answered/|archive-date=12 October 2020|access-date=20 August 2020|website=The-Race.com}}</ref> The start of the {{F1|2020}} season was delayed by several months,<ref>{{cite web |url=https://www.bbc.co.uk/sport/formula1/52883244 |title=Formula 1 season to start with eight races in Europe |first=Andrew |last=Benson |date=2 June 2020 |access-date=9 June 2021 |website=[[BBC Sport]] |archive-date=9 June 2021 |archive-url=https://web.archive.org/web/20210609183003/https://www.bbc.co.uk/sport/formula1/52883244 |url-status=live }}</ref> and both it and {{F1|2021}} seasons were subject to several postponements, cancellations, and rescheduling of races due to [[Travel during the COVID-19 pandemic|shifting restrictions]] on international travel. Many races took place [[Behind closed doors (sport)|behind closed doors]] and with only essential personnel present to maintain [[social distancing]].<ref>{{cite web |url=https://www.espn.com/f1/story/_/id/29149401/f1-closed-doors-how-exactly-work |title=F1 behind closed doors โ how exactly will that work? |first1=Laurence |last1=Edmondson |first2=Nate |last2=Saunders |date=8 May 2020 |access-date=9 June 2021 |website=[[ESPN]] |archive-date=9 June 2021 |archive-url=https://web.archive.org/web/20210609183002/https://www.espn.com/f1/story/_/id/29149401/f1-closed-doors-how-exactly-work |url-status=live }}</ref> In 2022, the F1 governing body announced a major rule and car design change intended to promote closer racing through the use of [[Ground effect (cars)|ground effects]], new aerodynamics, larger wheels with low-profile tyres, and redesigned nose and wing regulations.<ref>{{Cite web |title=10 things you need to know about the all-new 2022 F1 car |url=https://www.formula1.com/en/latest/article.10-things-you-need-to-know-about-the-all-new-2022-f1-car.4OLg8DrXyzHzdoGrbqp6ye.html |access-date=9 January 2023 |website=formula1.com |language=en |archive-date=25 May 2022 |archive-url=https://web.archive.org/web/20220525004734/https://www.formula1.com/en/latest/article.10-things-you-need-to-know-about-the-all-new-2022-f1-car.4OLg8DrXyzHzdoGrbqp6ye.html |url-status=live }}</ref><ref>{{Cite web |title=7 key rule changes for the 2022 season |url=https://www.formula1.com/en/latest/article.7-key-rule-changes-for-the-2022-season.2E7JH9MywymU8xxw6r5yDS.html |access-date=9 January 2023 |website=formula1.com |language=en |archive-date=25 April 2022 |archive-url=https://web.archive.org/web/20220425005024/https://www.formula1.com/en/latest/article.7-key-rule-changes-for-the-2022-season.2E7JH9MywymU8xxw6r5yDS.html |url-status=live }}</ref> [[Red Bull Racing|Red Bull]] emerged as the dominant force after the rule shakeup. The [[2022 Formula One World Championship|2022]] and [[2023 Formula One World Championship|2023]] Constructors' and Drivers' Championships were won by Red Bull and Verstappen, with multiple races to spare.<ref>{{Cite news |last=Parkes |first=Ian |date=9 December 2022 |title=This Formula 1 Season Was All Max Verstappen and Red Bull |language=en-US |work=The New York Times |url=https://www.nytimes.com/2022/12/09/sports/autoracing/f1-max-verstappen-red-bull.html |url-access=registration |access-date=9 January 2023 |issn=0362-4331 |archive-date=9 January 2023 |archive-url=https://web.archive.org/web/20230109030145/https://www.nytimes.com/2022/12/09/sports/autoracing/f1-max-verstappen-red-bull.html |url-status=live }}</ref><ref>{{Cite web |last=Ramaswami |first=Sundaram|title=The F1 records Verstappen and Red Bull broke in 2022 |url=https://us.motorsport.com/f1/news/the-f1-records-verstappen-and-red-bull-broke-in-2022/10403498/ |access-date=9 January 2023 |website=Motorsport.com |date=21 November 2022 |language=en |archive-date=9 January 2023 |archive-url=https://web.archive.org/web/20230109030143/https://us.motorsport.com/f1/news/the-f1-records-verstappen-and-red-bull-broke-in-2022/10403498/ |url-status=live }}</ref><ref>{{Cite news |last=Parkes |first=Ian |date=13 December 2023 |title=For Red Bull and Max Verstappen, 2023 Was a Dominant Year |url=https://www.nytimes.com/2023/12/13/sports/autoracing/f1-red-bull-max-verstappen-2023.html |url-access=registration |access-date=15 January 2024 |work=The New York Times |language=en-US |issn=0362-4331 |archive-date=14 January 2024 |archive-url=https://web.archive.org/web/20240114170342/https://www.nytimes.com/2023/12/13/sports/autoracing/f1-red-bull-max-verstappen-2023.html |url-status=live }}</ref><ref>{{Cite web |last=Joseph |first=Samuel |date=9 October 2023 |title=Why Red Bull's RB19 is one of the most dominant F1 cars ever |url=https://www.cnn.com/2023/10/06/sport/red-bull-rb19-f1-motorsport-spt-intl/index.html |access-date=15 January 2024 |website=CNN |language=en |archive-date=15 January 2024 |archive-url=https://web.archive.org/web/20240115131543/https://www.cnn.com/2023/10/06/sport/red-bull-rb19-f1-motorsport-spt-intl/index.html |url-status=live }}</ref> In 2023 the FIA opened applications for new teams to enter Formula 1 in the then near future.<ref>{{Cite web |last=Mitchell-Malm |first=Scott |date=2 February 2023 |title=FIA starts bid to find up to two new F1 teams as early as 2025 |url=https://www.the-race.com/formula-1/fia-starts-bid-to-find-up-to-two-new-f1-teams-as-early-as-2025/ |access-date=24 April 2024 |website=The-Race.com |language=en |url-status=live |archive-date=15 January 2025 |archive-url=https://web.archive.org/web/20250115184537/https://www.the-race.com/formula-1/fia-starts-bid-to-find-up-to-two-new-f1-teams-as-early-as-2025/}}</ref> Of the teams that applied, only [[Andretti Global|Andretti]] were approved by the FIA, with them then being rejected by [[Formula One Management]], though they have launched an appeal.<ref>{{Cite web |last=Kisby |first=Cambridge |date=2 October 2023 |title=Which new teams applied to join F1? Andretti's winning bid and those that failed |url=https://www.motorsportmagazine.com/articles/single-seaters/f1/which-new-teams-are-bidding-to-join-f1-from-andretti-to-hitech/ |access-date=24 April 2024 |website=Motor Sport Magazine |language=en-GB}}</ref><ref>{{Cite news |date=31 January 2024 |title=F1 rejects Andretti bid to join by 2026 but door left open for 2028 |url=https://www.bbc.com/sport/formula1/68158107 |access-date=24 April 2024 |work=BBC Sport |language=en-GB |last=Benson |first=Andrew |url-status=live |archive-url=https://web.archive.org/web/20250117031948/https://www.bbc.com/sport/formula1/68158107 |archive-date=17 January 2025}}</ref> In early 2024, the Formula One landscape underwent a significant change in the sphere of team sponsorships and collaborations. Having competed for five seasons under the [[Alfa Romeo in Formula One|Alfa Romeo]] name, Sauber introduced a title partnership with the online casino [[Stake.com]], resulting in the team's new identity as [[Stake F1 Team Kick Sauber]]. Sauber will hold Stake's sponsorship name until the end of 2025, after which it will become the Audi works team for the 2026 season onwards.<ref>{{Cite web |title=Drake launches Sauber's new era as they unveil rebrand |url=https://www.formula1.com/en/latest/article.drake-sauber-stake-f1-team-identity-rebrand-name.5pFuGt23QzaUwBZ7flxhhw.html |access-date=14 February 2024 |website=formula1.com |language=en |archive-date=22 February 2024 |archive-url=https://web.archive.org/web/20240222113052/https://www.formula1.com/en/latest/article.drake-sauber-stake-f1-team-identity-rebrand-name.5pFuGt23QzaUwBZ7flxhhw.html |url-status=live }}</ref><ref>{{Cite news |last=Smith |first=Luke |title=New name, new goals: Stake bids to stop its F1 slide |url=https://theathletic.com/5254751/2024/02/06/stake-f1-alfa-romeo-car-launch/ |access-date=14 February 2024 |website=The Athletic |language=en |archive-date=14 February 2024 |archive-url=https://web.archive.org/web/20240214133637/https://theathletic.com/5254751/2024/02/06/stake-f1-alfa-romeo-car-launch/ |url-status=live }}</ref> [[Scuderia AlphaTauri]], Red Bull's junior team, dropped its name and took on sponsors from Hugo Boss and Cash App, becoming [[Visa Inc.|Visa]] [[Cash App]] RB, or VCARB for 2024. Also in 2024, Formula One announced partnerships with [[Mattel]] to release [[Hot Wheels]] die-cast cars,<ref>{{cite web |title=Formula 1 announces new multi-year partnership with Hot Wheels |url=https://www.formula1.com/en/latest/article/formula-1-announces-new-multi-year-partnership-with-hot-wheels.7yBhBlS17Bmt8hxLfVxqE2 |date=9 October 2024 |website=Formula1.com |url-status=live |archive-date=28 January 2025 |archive-url=https://web.archive.org/web/20250128174631/https://www.formula1.com/en/latest/article/formula-1-announces-new-multi-year-partnership-with-hot-wheels.7yBhBlS17Bmt8hxLfVxqE2}}</ref> and with [[Lego]], with the first new sets releasing in 2025.<ref>{{cite web|url=https://www.lego.com/en-us/aboutus/news/2024/september/lego-f1-partnership-announcement?locale=en-us&consent-modal=show&age-gate=grown_up|title=We're Putting Play in Pole Position! The LEGO Group and Formula 1ยฎ To Go Full Throttle On New Brand Partnership|author=The Lego Group|date=18 September 2024|website=Lego.com|publisher=Lego|access-date=22 November 2024}}</ref> Previously, Lego sets based on Formula One cars had been released in 2024.<ref>{{cite web|url=https://www.thedrive.com/news/new-mclaren-mp4-4-ayrton-senna-lego-set-is-the-coolest-weve-seen-in-a-while|title=New McLaren MP4/4 Ayrton Senna Lego Set Is the Coolest We've Seen in a While |last=Perez |first=Jerry |website=TheDrive|date=1 February 2024|publisher=Lego|access-date=22 November 2024}}</ref> The regulations governing Formula One are set to be revised for the 2026 season, with big changes planned to help encourage closer and more competitive racing.<ref>{{cite web |title=7 things you need to know about the 2026 F1 engine regulations {{!}} Formula 1ยฎ |url=https://www.formula1.com/en/latest/article/more-efficient-less-fuel-and-carbon-net-zero-7-things-you-need-to-know-about.ZhtzvU3cPCv8QO7jtFxQR |website=formula1.com |access-date=3 April 2024 |language=en |archive-date=3 April 2024 |archive-url=https://web.archive.org/web/20240403102337/https://www.formula1.com/en/latest/article/more-efficient-less-fuel-and-carbon-net-zero-7-things-you-need-to-know-about.ZhtzvU3cPCv8QO7jtFxQR |url-status=live }}</ref> Changes include: *Move to fully sustainable fuels, *Reduction in width and length for closer racing *new Front and Rear wing regulations *Electric Motor *MGU-K (Motor Generator Unit โ Kinetic) power increased from 120 kW to 350 kW *More stringent safety requirements *Tighter budget caps In November 2024, [[General Motors]] reached an agreement to enter Formula 1 in 2026 with its [[Cadillac]] brand.<ref>{{Cite web |date=25 November 2024 |title=General Motors agrees deal to enter F1 in 2026 |url=https://www.bbc.com/sport/formula1/articles/cy8nzlwpn83o |access-date=25 November 2024 |website=BBC Sport |language=en-GB |last=Benson |first=Andrew |url-status=live |archive-url=https://web.archive.org/web/20250121201853/https://www.bbc.com/sport/formula1/articles/cy8nzlwpn83o |archive-date=21 January 2025}}</ref>
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