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The FIA Formula 3 Championship has eight rounds per year, each round consisting of three races. Formula 3 is a third-tier international single-seater open-wheel racing conducted as feeder series for Formula 2 and Formula 1. Its forerunners GP3 series and FIA Formula 3 European Championship agreed upon a merger on 10 March 2018.
The format of Formula 3 is similar to Formula 2. Two sprint races are held on Saturday, with the drivers changing pole position in the second race. The feature race is held on Sunday, with the winner receiving 25 points, this race is known as R3. All the cars have the same engine, chassis and tire specifications. The weight of the car with the driver and fuel is 673 kg approximately, nearly 50 kg less than a Formula 2 car.
Red Bull partied hard at Sochi after their junior driver Dennis Hauger clinched the Formula 3 title at Sochi. It was the seventh round but the scheduled eighth round at Texas was cancelled after Covid-19 concerns. Time will tell what the future holds for the 18-year-old Norwegian.
During this short span since the inauguration, many drivers have graduated to Formula 2 and Formula 1 racing. Yuki Tsunoda grabbed the best deal all of them all. He graduated to the Formula 2 racing after the 2019 season and AlphaTauri took him under their wings after the 2020 F2 season. Former champion Robert Shwartzman is competing in the Formula 2 and 2020 Formula 3 champion Oscar Piastri participates in the Formula 2 for Prema Racing.