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2.
F1
The richest and most watched sport in the world. More technologically advanced than any other form of motorsport.

Some idiots think they use ABS brakes, stability controls, turbo/superchargers, etc. which is not true. People who think this are usually American and are trying to talk up the likes of IRL and Nascar, both inferior to F1 in every area (Nascar drivers can't even do one race without crashing into each other...).

There's also only two tyre suppliers (not 4 as some idiots have said here), Michelin (who are currently dominating the sport) and Bridgestone.

Engine companies involved in F1 are Ferrari, Mercedes-Benz, BMW, Toyota, Cosworth, Honda and Renault (Yamaha and Fiat are not involved, although Fiat does own Ferrari).

The teams spend a combined total of over $3 billion on the development of the cars each year, and still make a profit from the sport.
Formula 1 is the most popular sport in the world, with an average audience of 2.5 billion viewers for every race.
by Rammstein Rule! May 27, 2005
 
1.
f1
Formula one. High speed races involving the most aerodynamic cars on the planet. Dominated by Ferrari for a long time.

Also, The McLaren f1. A powerful supercar, that can turn (no, your crotch rockets can't do that properly, can they? ^_______^) and is not bought for racing against lame bikes that sell because of PROJECTED top speeds (the tomahawk would fall apart anyway) that cost 10% of the price.
Here's an idea- put your tomahawk crap in some European streets and see how long it lasts. European streets are narrower than american streets, and the superb handling of the f1 will work wonders, while the tomahawk will be doing three-point turns to get around corners, fucktards.
by Gumba Gumba March 24, 2004
 
3.
f1
The function key F1. It really gets on my tits for some reason.
"For help press F1." -Micro$oft
by Soiled Undergarment August 07, 2003
 
4.
f1
Fastes cars on the planet. either if your talkign about Formula one, or the idolized McLaren F1. Crotch rockets can go fast, but try pulling out of a powerslide at 200 MPH on a bike. or even try taking a hairpin turn on a race course on a superbike, while trying to keep pace with the F1.
Ferrari owns the F1 world

Dude! crotch rockets suck compared to the Mclaren f1
by Brian October 12, 2004
 
5.
f1
- to pull a "fast one"
- to quickly evacuate quickly
-
that nigga pulled a f1 !
by GangstaGal911 July 04, 2009
 
6.
f1
(1) Short for Formula One racing. (2) the only racing that truely can be called a sport.
Wow did you check out Bahrain GP last weekend, it was sick, no driver aids are used, i.e. CVT, ABS or powersteering. And man, ferrari hasnt won this year yet, ohh yeah, its not like theyve dominated for a while just the last couple of years. Their 'dominance' is coming to an end. And wow i didnt see one McLaren F1 car there, ohh yeah, thats because the Mc F1 doesnt race in GP...but BMW-McLaren does.
by aowie1 April 09, 2005
 
7.
f1
A tornado with winds from 73-112 mph, cusing MODERATE DAMAGE: Roof decking removed, carports overturned, some trees uprooted, automobiles overturned. Unanchored homes sliding.
That f1 was fairly windy, it moved my car and caused slight hail damage
by Brian February 28, 2004