III Sinopec Chinese Grand Prix
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| Date | Sunday 1 October 2006 |
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| Start time | 14:00 |
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| Event |  Chinese GP |
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| Circuit | Shanghai |
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| Event Format | Race of 56 laps |
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| Championship | World Championship |
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| Race number | #16 of 18 in 2006
#766 (of all time) |
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| Laps | 56 |
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| Circuit Perimeter | 5451 m |
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| Race Distance | 5451 × 56 − 190 = 305.066 km |
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| Grid Format | 2-2-2-2 (staggered) |
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| Pole Position | Left |
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| First Corner | Right |
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| Track Direction | Clockwise |
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| Track Temperature | 24°C |
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| Air Temperature | 22°C |
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| Humidity | 88% |
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| Air Pressure | 1016.0 mBar |
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| Wind Speed | 0.5 m/s (from the North-West) |
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| Entries | 22 |
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| Qualifiers | 22 |
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| Finishers | 16 |
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| Pit stops | 45 |
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| Debutants | Spyker MF1 Racing (Entrant) |
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| Records Broken |
1. Most 20th Place Qualifications in a Season –  Midland (10),
2. Most 21st Place Qualifications in a Season –  Super Aguri (14)
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| Records Extended |
1. Most Drivers' Championship Points Scores –  Ferrari (882),
2. Most Constructors' Championship Points Scores – Ferrari (750),
3. Most Podium Finishes – Ferrari (591),
4. Most Podium Finishes –  Michael Schumacher (154),
5. Most Drivers' Championship Points Scores – Michael Schumacher (188),
6. Most Constructors' Championship Points Scores – Michael Schumacher (187),
7. Most Race Wins – Ferrari (192),
8. Most Race Wins – Michael Schumacher (91),
9. Most Races Led – Ferrari (431),
10. Most Races Led – Michael Schumacher (140),
11. Most Laps Led – Ferrari (11910),
12. Most Laps Led – Michael Schumacher (5078),
13. Most Race Entries – Ferrari (1698),
14. Most 6th Place Qualifications – Ferrari (141),
15. Most 20th Place Qualifications in a Season –  Tiago Monteiro (8)
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| | Recipient | Trophy Presented By |
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| Winner | Michael Schumacher | Yu Zai Qing | Deputy Minister, General Administration of Sports |
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| 2nd Place |  Fernando Alonso | Yang Xiaodu | Vice Mayor of Shanghai |
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| 3rd Place | Giancarlo Fisichella | Yan Sanchang | General Dir. Automobile & Motorcycle Sports Administration |
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| Winning Constructor | Ferrari (represented by Chris Dyer) | Wang Tiangu | President of China Petroleum & Chemical Corporation |
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