Also as part of the celebrations, F1 will stream seven full races over a period of 24 hours on its official YouTube channel.
On top of that, it will broadcast highlights from past decades, as well as current drivers and team bosses reflecting on their earliest memories of F1.
“Seventy-five years ago today our sport roared to life, and we are privileged to continue the incredible legacy of the brave drivers who raced for the ultimate prize on this day in 1950,” said Formula 1 CEO Stefano Domenicali.
“It is fantastic to see this footage brought to life in full colour, and an amazing way to mark this historic moment.
“Today is a day when we can pay tribute to those who have come before us; drivers, engineers, team owners and of course, our fans, without whom we would not be in the position we are today.
“For 75 years we have innovated and driven the world forward, exciting our fans with feats of human endurance and speed that continue to amaze. Here is to the next 75 years and beyond for this incredible sport. Avanti Tutta!”