Formula 1 and IndyCar utilize open-wheel, single seater cars which are designed for their speed and agility. These cars have aerodynamic principles seen in the front and rear wings of the car and their sleek bodies which help with downforce and high-speed turns. The top speeds in these cars can reach over 230 mph (370 km/h).

Both series highlight the impact of driver skill, pit strategy and team coordination in order to win races. Tire management plays a significant role as well since teams need to carefully pick tire compounds to have the best grip but also longevity during each stint.

The social impact of these sports has drastically spread as F1 has a massive global presence due to their hit Netflix documentary, Drive to Survive. IndyCar is also beginning to gain international attention as they also had a show called 100 Days to Indy which shows driver preparation for the Indy 500, which is one of the most iconic events in the IndyCar series.

Formula 1 and IndyCar utilize engineering highly with teams constantly developing new technologies. Aerodynamics and racecraft development are important to both sports in order to optimize car performance. Sustainable technologies are becoming a priority through the use of carbon neutrality in F1 and hybrid engines in IndyCar.

These sports have had a huge cultural impact in the motorsports world through their iconic races. Formula 1 has the Monaco Grand Prix, which is a glamorous and historic event that sees celebrity attendance as well as worldwide attention. IndyCar has the Indianapolis 500 which is important to American racing heritage and is one of the most prestigious motorsports events. 

Despite IndyCar being a U.S based sport, it has international drivers as well many of whom began their career in Formula 1 or another European racing series. Fernando Alonso and Marcus Ericsson are two drivers who have competed in both F1 and IndyCar.

A big difference is seen in the design of the car as well as the engineering. In Formula 1 each team designs and builds their own cars, leading to significant differences in the performance of each team. The cars feature hybrid power units that have advanced energy recovery systems which make these vehicles heavily advanced when compared to other motorsport vehicles. 

IndyCar on the other had has a chassis supplied to them through Dallara and have engine options of either Honda or Chevrolet. The similarity in design for all cars makes the focus be less on the car and more on driver skill and strategy of the team. These cars tend to be a lot simpler than those of F1.

Formula 1 races are held on either preexisting circuits such as Silverstone in London or Circuit of the Americas in Austin, Texas or they can be held in street circuits that are built specifically for the weekend the race is held such as in Las Vegas with the race being held on the strip. The format of Formula 1 includes 3 Practice Sessions, 1 qualify round that determines race order for the main event which is the Grand Prix that lasts for 2 hours.

IndyCar races feature oval tracks that have short ovals and super speedways to emphasize the strategies needed and the high speed racing. They also feature road courses that are permanent racing circuits that have left and right turns and elevation changes and street circuits which are temporarily built. The race weekend for IndyCar is similar to that of Formula 1 with 3 practice sessions, 1 qualify and the race. For the Indy500 practice and qualifying spans over multiple days.

Formula 1 has a global reach since races are held worldwide, across many continents such as Europe, Asia, Australia, the Middle East and the Americas. Its popularity is much higher in Europe and Asia but is recently growing in the United States with the addition of the Circuit of the Americas, Miami, and Las Vegas Grand Prix.

IndyCar is primarily U.S focused and has a stronger fanbase in the Midwestern states. The Indianapolis 500 is the biggest race in IndyCar and it gets attention globally but all the other races are followed mainly by an American audience. Culturally IndyCar is focused on American motorsport traditions despite having international drivers

Formula 1 is known as the pinnacle of motorsport with its luxury and exclusivity. The location for these events are usually glamorous and have and increase in celebrity attendance. The sport is pushing to be more green by using hybrid power units as well as trying to decrease their carbon usage. The drivers in Formula 1 are well known for their involvement in fashion, activism and entertainment.

IndyCar is seen to be more accessible to the public with their ticket prices being lower and there is a higher interaction between the drivers and fans. Many parts of blue-collar culture are celebrated with these racing events symbolizing the values of traditional American motorsports.

The sport began in Europe in the early 20th century, with the first ever Grand Prix taking place at the Silverstone circuit in London. The first World Championship series took place in 1950. Majority of the iconic teams of F1 are based in Europe, such as Ferrari, McLaren and Mercedes. Europe also holds the historic circuits where F1 races such as Monaco, Silverstone, Spa, and Monza. The history of this sport has made it part of the identity of many European countries.

Formula 1 is ingrained into the culture of many European countries. This is seen through the love of Ferrari in Italy which is deeply rooted in their culture. Ferrari was founded in Maranello, Italy by Enzo Ferrari which led to the brand being seen for the Italian passion for engineering and speed. Ferrari is known to be the "heartbeat of Italy" and there's an uproar of support every time a race is held there. The fans of Ferrari in Italy are known as Tifosi, and they fill the stands of the Monza Grand Prix held in Italy cheering their team on.