Uncovering Formula One driver performances from 1950 to 2013 by adjusting for team and competition effects

Phillips Andrew J. K. ()
Additional contact information
Phillips Andrew J. K.: Brigham and Women’s Hospital, Harvard Medical School, Division of Sleep Medicine, 221 Longwood Ave, Boston, MA 02148, USA

Journal of Quantitative Analysis in Sports, 2014, vol. 10, issue 2, 261-278

Abstract: Subjective ratings of the best drivers in the history of Formula One are common, but objective analyses are hampered by the difficulties involved in comparing drivers who raced for different teams and in different eras. Here, we present a new method for comparing performances within and between eras. Using a statistical model, we estimate driver and team contributions to performance, as well as the effects of competition with other drivers. By adjusting for team and competition effects, underlying driver performances are revealed. Using this method, we compute adjusted scoring rates for 1950–2013. Driver performances are then compared using: (i) peak performances for 1-year, 3-year, and 5-year intervals; and (ii) number of championships. Overall, these comparisons rank Clark, Stewart, Fangio, Alonso, and Schumacher as the five greatest drivers. We confirm the model’s accuracy by comparing its performance predictions to 2010–2013 lap-time data. The results of the analysis are generally in good agreement with expert opinions regarding driver performances. However, the model also identifies several undervalued and overvalued driver performances, which are discussed. This is the first objective method for comparing Formula One drivers that has yielded sensible results. The model adds a valuable perspective to previous subjective analyses.

Keywords: Formula One; historical analysis; objective comparison; performance; statistical model (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1515/jqas-2013-0031 (text/html)
For access to full text, subscription to the journal or payment for the individual article is required.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bpj:jqsprt:v:10:y:2014:i:2:p:18:n:1

Ordering information: This journal article can be ordered from
https://www.degruyter.com/journal/key/jqas/html

DOI: 10.1515/jqas-2013-0031

Access Statistics for this article

Journal of Quantitative Analysis in Sports is currently edited by Mark Glickman

More articles in Journal of Quantitative Analysis in Sports from De Gruyter
Bibliographic data for series maintained by Peter Golla ().