Michael Schumacher has won the most number of F1 races. He was an active racer for 16 yrs (1991 to 2006). He has started a total of 248 races and won a total of 91 out of them. This is the most by an individual driver in terms of victories. Also he has 7 world championships. ( 1994, 95 & 2000 to 2004) Apart from this he has 154 podium finishes, 68 pole positions and 76 fastest laps in his career.
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Defending world champion Mika Hakkinen driving for McLaren Mercedes won his second world championship. He had a total of 76 points and 5 race wins. He beat his nearest rival Michael Schumacher by only 2 points. Schumacher had 74 points and 4 race wins that season. Ferrari beat McLaren Mercedes for the constructor championship by just 4 points.
Michael Schumacher has won the most Drivers World Championships with 7 in the years 1994-1995 and 2000-2004.
Ferrari has won the most Constructors World Championships with 16 in the years 1961,1964,1975-1977,1979,1982-1983,1999-2004 and 2007-2008.