Deep Neural Network-based lap time forecasting of Formula 1 Racing

Abstract

Making comparisons and analyzing players in the sporting world is extremely valuable. The media, coaching staff, and players all rely on this data to assess performance, develop strategies, and make critical decisions. Therefore, neural networks can be employed to create a practical system that uses previous years data to predict future performance. This paper uses a Deep Neural Network (DNN) to predict the fastest lap time in qualifying for Formula 1 (F1) races. The network categorizes data to learn each drivers performance at each circuit and provides separate predictions. By doing so, it considers the unique characteristics of each driver and track, enabling more accurate predictions. The paper demonstrates that neural networks tend to have better performance and adaptability in such complex environments compared to traditional mathematical methods like linear regression. Neural networks can learn from the data and detect patterns that are difficult to capture with traditional methods. As a result, they can achieve a relatively precise prediction, providing valuable insights and decision-making support for coaches, drivers, and fans.