I'm not sure what you mean with formula 1, but the F3d planes surely beats the 200 miles limit easy.
Well not easily. 200 mph is approximately 320 KPH. Chris Callows fastest time in France was 56.98. This is truly a healthy time but it is only a couple of seconds faster than the US Q40 record flying basically the same size course. The Q40 racers are not close to 200mph.
Ed S