The 2008 Formula One season will be the 59th FIA Formula One World Championship season. It will begin on 16 March and end on 2 November after eighteen Grands Prix. It will be the first season under the new Concorde Agreement. As it stands, there are a total of seven teams signed up to compete in the championship through an agreement with Formula One Management, with the other four major manufacturers in the Grand Prix Manufacturers’ Association (GPMA) having signed a Memorandum of Understanding (MoU) at the 2006 Spanish Grand Prix.

All teams in both groups have spots on the 2008 grid. The season sees the banning of traction control after it was re-introduced in 2001. 2008 also introduces two new street circuits. The Valencia Street Circuit and Singapore Street Circuit will host the European GP and the new Singapore GP respectively.

The Singapore GP will also be the first Formula One event held at night.