Formula Renault is a single-seater racing series that serves as a stepping stone for young drivers aspiring to reach higher levels of motorsport, such as Formula 1. The series features lightweight cars with a focus on driver development, allowing participants to gain valuable experience in competitive racing environments. The championship is known for its cost-effective approach, making it accessible to a wider range of competitors. Races are held on various circuits around the world, and the series has produced several successful drivers who have progressed to professional racing careers, including notable names like Lewis Hamilton and Kimi Räikkönen.