The FIM Speedway World Championship is an annual motorcycle racing competition organized by the Fédération Internationale de Motocyclisme (FIM). It features riders competing on oval tracks, racing on specialized bikes without brakes. The championship consists of a series of Grand Prix events held in various countries, culminating in a final to determine the world champion. Riders earn points based on their performance in each event, with the top scorers competing for the title. The championship has a rich history, dating back to its inception in 1936, and showcases some of the best speedway talent from around the world.