For the fifth successive season Ferrari and Schumacher were unbeatable. The brilliant Michael continued to rewrite the record books as he swept to his seventh Championship, adding thirteen more wins to take his overall tally to an incredible total of 83 Grand Prix victories. Rubens Barrichello claimed another two wins for the Prancing Horse, which left just three Grands Prix races to fall into rival hands. Jarno Trulli had his day of days for Renault at Monaco, but found himself out of favour before the end of the year, whilst Kimi Räikkönen and Juan Pablo Montoya both put in storming performances to win in Spa and Rio respectively.
Although a win was just beyond them, BAR and Jenson Button both came of age in 2004 racking up points on a consistent basis. Indeed, with the help of the feisty Takuma Sato, BAR finished second only to Ferrari in he Constructors championship.
By contrast, the perennially under-performing Jaguar team was sold off to Red Bull by the parent Ford Motor Company who also disposed of Cosworth Racing as it abandoned Formula 1.
The calendar grew to eighteen races as Formula 1 ventured into new countries, embracing Bahrain and China for the first time.