The following are known GameShark Codes for Formula 1 Championship Edition on Sony Playstation (PS1).
These codes were also known as Action Replay Codes and in most cases will work on both devices.

These codes are for the U.S. version of the game.

• Infinite Time
  800B3440 0E10
• Bonus Tracks Open
  8001421C 0016
• Press Select for Turbo
  D00BCEA8 0001
  800C6F50 7000