This is a fact file for those considering to follow Formula One, owing to recently being laid off from their respective jobs. I have attempted to classify the misconceptions (that a newbie might be prone to) in accordance with their professional background.

No matter what your professional background is, it is necessary that you understand the following point to begin with:

• Formula One does not owe to "Newton's mass energy formula" (widely regarded as the No. 1 formula) for its existence.
  

If you happen to be an electrical/ electronic/ computer science engineer:

• A Formula One circuit is not made up of resistors and capacitors.

• A lie-gate is not a kind of logic gate you skipped learning about during the basic electronics lessons and thereby it is devoid of a "truth" table.

If you happen to be a chef/ dietitian:

• Brawn is not a member of the Prawn family rich in Vitamin B and so you might not be able to find a recipe on "How to make Brawn Tartare."

If you happen to be a taxonomist:

• Scuderia (as in Scuderia Ferrari) is not exactly the "genus" name of the Ferrari "species" of cars.
  

If you happen to be a secret agent from Pakistan:

• FIA does not stand for Federal Investigation Agency.
  

Most important: If your kids consider to follow F1 along with you, it is mandatory that you make them understand the subsequent points:

• Bernie Ecclestone is in no way associated with Fred Flintstone and Barney Rubble.
  
• Iceman does not sell ice cream.