2007 Formula One Season

The 2007 Formula One season was the 61st season of FIA Formula One motor racing. It featured the 2007 FIA Formula One World Championship, which began on 18 March and ended on 21 October after seventeen events. The Drivers' Championship was won by Ferrari driver Kimi Räikkönen by one point at the final race of the season, making Räikkönen the third Finnish driver to take the title. An appeal by McLaren regarding the legality of some cars in the final race could have altered the championship standings, but on 16 November, the appeal was reportedly rejected by the International Court of Appeal, confirming the championship results. Räikkönen entered the final race in third position in the drivers' standings, but emerged as champion after the chequered flag, a feat first accomplished by Giuseppe Farina in 1950. It has since been accomplished again, by Sebastian Vettel, in 2010.

A major talking point of the season had been an espionage controversy involving Ferrari and McLaren, which led to McLaren being excluded from the Constructors' Championship. As a result, Ferrari clinched the championship at the Belgian Grand Prix.

The 2007 season was significant in that it heralded the end of the existing Concorde Agreement between the existing Formula One constructors and Bernie Ecclestone. In particular, Mercedes-Benz, BMW, and Honda (collectively the Grand Prix Manufacturers' Association) had a number of outstanding disagreements with the FIA and Ecclestone on financial and technical grounds. They had threatened to boycott Formula One from the 2008 season onwards and instead stage their own rival series, before signing a memorandum of understanding (MoU) at the 2006 Spanish Grand Prix.

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