The 2006 FIA Formula One World Championship was the 60th season of Formula One motor racing. It featured the 57th Formula One World Championship which began on 12 March and ended on 22 October after eighteen races. The Drivers' Championship was won by Fernando Alonso of Renault for the second year in a row, with Alonso becoming the youngest ever double world champion at the time. Then-retiring seven-time world champion Michael Schumacher of Scuderia Ferrari finished runner-up, 13 points behind. The Constructors' Championship was won by Renault, which defeated Ferrari by five points.

This officially licensed hat has been hand-signed by Schumacher on the peak in black marker.