article_snippet: The series was launched by Jean Todt, a French racing icon . and former Ferrari chief executive who heads of the Federation .
article_snippet: Internationale de l'Automobile (FIA) that oversees Formula One.
article_snippet: Internationale de l'Automobile (FIA) that oversees
article_snippet: Formula One is backed by environmentalist and actor Leonardo DiCaprio . and entrepreneur Richard Branson, whose Virgin Group sponsors a . two-car team.