The 2023 FIA Formula 3 Championship was a motor racing championship for Formula 3 cars sanctioned by the Fédération Internationale de l'Automobile (FIA). The championship was the fourteenth season of Formula 3 racing and the fifth season run under the FIA Formula 3 Championship moniker. It was an open-wheel racing category serving as the third tier of formula racing in the FIA Global Pathway. The category was run in support of selected rounds of the 2023 Formula One World Championship. As the championship was a spec series, all teams and drivers competing in the championship ran the same car, the Dallara F3 2019.

After all 18 races were completed in this season (the round in Imola being cancelled due to the 2023 Emilia-Romagna floods), 10 different drivers won races: Zak O'Sullivan took four victories, while Pepe Martí won three races this season. That year's Drivers' Champion Gabriel Bortoleto, Gabriele Minì and Franco Colapinto each won two races this season. Paul Aron had one victory to his name that season, so had Oliver Goethe, who took his maiden win in Silverstone, as well as Caio Collet. Taylor Barnard who took his first win of the season in Belgium, and Jonny Edgar who took his win in the last round at Monza, also took their first ever win in the championship, respectively.

2023 FIA Formula 3 Championship

Prema Racing entered the championship as the reigning Teams' Champions, having secured their title at the final race of the 2022 season in Monza. They also secured the Teams' Championship title in 2023.

2023 FIA Formula 3 Championship

Gabriel Bortoleto, driving for Trident, claimed the Drivers' Championship after qualifying at the final round at Monza.

2023 FIA Formula 3 Championship

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The following teams and drivers were under contract to compete in the 2023 FIA Formula 3 Championship. As the championship was a spec series, all teams competed with an identical Dallara F3 2019 chassis with a naturally-aspirated V6 engine developed by Mecachrome. All teams competed with tyres supplied by Pirelli.

Team changes

German Formula 4 team PHM Racing took over the entry and assets of Charouz Racing System at the end of the 2022 season, and ran in cooperation with the Czech squad under the PHM Racing by Charouz moniker.

Carlin competed under new ownership in 2023. The New Zealand-based car manufacturer Rodin Cars became majority shareholder of the team. With that, the team's name changed to Rodin Carlin.

Hitech partnered with hardware company Pulse-Eight during the off-season, changing the official name of the team to Hitech Pulse-Eight.

Driver changes

Reigning Teams' Champions Prema Racing completely changed their driver lineup, as Oliver Bearman, Arthur Leclerc and Jak Crawford all stepped up to the Formula 2 Championship. The team promoted two of their Formula Regional European Championship drivers to replace them: Ferrari Driver Academy member Dino Beganovic, who won the championship, and Mercedes junior Paul Aron, who came third in the championship. Partnering Beganovic and Aron was Williams Academy driver Zak O'Sullivan, moving from Carlin, with whom he came eleventh in the FIA Formula 3 Championship standings in 2022.

Trident also fully changed their driver lineup, as Roman Staněk and Zane Maloney moved up to Formula 2 and Jonny Edgar switched to MP Motorsport. Gabriel Bortoleto made the step up from the Formula Regional European Championship, where he came sixth in the standings in 2022. 2022 Euroformula Open Champion Oliver Goethe, who deputised for Hunter Yeany at Campos Racing at two events in 2022, joined him, and Formula Regional European rookie champion Leonardo Fornaroli took the final spot.

ART Grand Prix replaced Victor Martins, who won the Drivers' Championship with the team in 2022, with the reigning F4 Spanish Champion and Alpine affiliate Nikola Tsolov. Juan Manuel Correa also left the team to return to the Formula 2 Championship. His seat was filled by Kaylen Frederick, 2020 BRDC British F3 Champion, who came 17th with Hitech Grand Prix in his second season in FIA F3 in 2022.

MP Motorsport's three drivers from last season were all replaced. Kush Maini joined Campos Racing in Formula 2, with Mari Boya promoted from MP's Formula Regional European Championship team to replace him after the Spaniard came tenth in 2022. Jonny Edgar took over Alexander Smolyar's seat, moving over from Trident, with whom he came 12th in his second F3 season in 2022. The lineup was completed by Williams Academy driver Franco Colapinto, who came ninth in 2022 with Van Amersfoort Racing and swapped teams with Caio Collet.