The 2023 FIA Formula One World Championship is a motor racing championship for Formula One cars which is the 74th running of the Formula One World Championship. It is recognised by the Fédération Internationale de l'Automobile (FIA), the governing body of international motorsport, as the highest class of competition for open-wheel racing cars. The championship is contested over a record twenty-three Grands Prix, which will be held around the world, and began in March and will end in November. Drivers and teams compete for the titles of World Drivers' Champion and World Constructors' Champion, respectively. Max Verstappen, driving for Red Bull Racing-Honda RBPT, is the reigning Drivers' Champion, while his team is the reigning Constructors' Champion.