The 2014 Formula Acceleration 1 season was a formula racing series that started over 25–27 April in Portimao, Portugal and ended over 17–19 October at the TT Circuit Assen, Netherlands. The series featured 12 teams that represented the nations in which they were founded. Their drivers did not have that nationality per sé, but the car represented the flag. This concept was similar to the one used in the former A1 Grand Prix series, whose vehicles were used in FA1. To attract young, yet serious, racing drivers, the 2014 winning driver/team was promised the full budget for the 2015 FA1 season and a test day in a GP2 Series car in Abu Dhabi.