This document outlines the regulations for the 2012 F1 in Schools World Finals competition. It defines key terms and outlines the general information, competition format, judging criteria and procedures for the various elements of the competition including specifications, engineering, presentations, racing and awards. Revisions from 2011 are noted in the preface. The regulations cover team eligibility, project requirements, schedules, responsibilities and procedures to ensure a fair competition that determines the World Champions of F1 in Schools.