Given its popularity, there are of course, all-time rankings (on many different outcome criteria), many of which are subjective, but some objective ones rely on a range of different sources of data, methodologies, and assumptions.įor example, the popular, but the quantitatively sophisticated website,, used the ELO rating system, originally designed to calculate the relative skill level of players competing in head-to-head matches, but was modified to deal with the intricacies of competing against a dozen or more drivers at one point, in order to create a ranking. The lifestyles of the rich and famous (not the television show) are what F1 is all about. Herein, we use a novel methodology, group-based modeling, to assess the most successful F1 drivers in the turbo era using total points accumulated as the metric of success.į1 has a checkered (no pun) history, filled with the glitter and glamor of flying around the world, racing on the streets of Monte Carlo, the famed Silverstone course in Britain, to the evening race in Shanghai, and the specifically built-for-F1 course in Abu Dhabi. This is also the case with the world’s most-watched televised and commercial sport, Formula 1 (F1), and the topic of this paper. Many other sport-specific examples abound, but the key to any ranking lies within some sort of comparable year(s) in order to keep as many rules/regulations the same or as standardized as possible. For example, professional baseball pitchers in the middle part of the 20 th century would regularly pitch nine innings. This is because it is very difficult to compare athletes within a sport ‘all time’ because the games change, the athletes’ training varies, and the rules and regulations develop over the years. As one can imagine, the lists and methodologies used to arrive at the ‘best’ or ‘most successful’ athlete are varied and at times controversial. But what does ‘best’ really mean? Does it mean most home runs in baseball? Does it mean most tennis championships? Does it mean most victories by a team? Does it mean most shutouts by a goalie? All of these are different ways of measuring success in individual and team sports. Sports fans love to rank ‘best’ teams and ‘best’ athletes.
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