Formula 1 is LEGO set 392-1. It has a score of 95. This is good compared to all other sets. The set is recommended by 2 reviews, based on 2 scored reviews and 3 reviews total. It is ranked in the top 4.02% scored sets on Brick Insights. We know this set was released in 1975, and it is categorised in Hobby Set.
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Not exactly a picture of beauty but there's something about it. Stand back and squint a bit… oh well, please yourselves… In the year 2012 it does look a bit basic, but in 1975 there was nothing to compare it with. They did what they could with what they had.