2017-01-03 Tue

Formula One has been referred as the world’s richest sport because it costs so much money to participate in. It is an elite level of racing in which competitors drive single-seat, open-wheeled vehicles capable of speeds surpassing 230 mph. These cars are typically built by large automakers, known in the racing world as constructors, including Porsche, Ferrari, and Toyota. Today, Formula One events are held around the world, with drivers competing for teams that have corporate sponsorship.

Michael Schumacher born on January 3, 1969, in Germany is one of the F1 racers. He won a record of seven Formula One world championships.

When he collected his first Formula One world championship in 1994, Schumacher became the first German driver to ever do so. He went on to claim the title again in 1995, 2000, 2001, 2002, 2003 and 2004. With his sixth championship title in 2003, Schumacher broke the record of Argentine driver Juan Manuel Fangio (1911-1995), who won five world titles in the 1950s.

Many countries issued commemorative stamps to honor this great sportsman. One of them is the Central African Republic who issued a Miniature sheet containing four stamps which artistically depicts Schumacher in various poses and each stamp has a face value of Francs 900.