Formula 1 air racing is not international and one man, with a lot of help from the teams, is working to expand it. STEAD (Sept. 15) – Jeff Zaltman has a dream, one he hopes will bring Formula 1 Air Racing mainstream attention. And with two international air races under his belt, he’s ready for more. “We’re based in Barcelona, Spain and I’m the managing director of the company AirRace1,” he said. “We organize the AirRace1 World Cup which is the international series for Formula 1 air racing. We actually work very closely with the Formula 1 Air Racing Association,