F1 wheels and hubs are different from road cars. F1 wheels use a single center nut on a threaded hub shaft to hold the wheel in place, with the driving and braking torques being transmitted between wheel and hub by shear pins on the hub flange. Road cars, on the other hand, use a radial pattern of threaded studs and lug nuts to clamp the wheel to the hub.
The studs and lug nuts on a road car wheel are designed to transfer all driving and braking forces to the hub solely through friction. This is done to eliminate any possibility of fretting damage at the metal-to-metal interface between the wheel and hub. Fretting damage will eventually lead to fractures in the wheel or hub flange, so it is to be avoided.
It is not really practical to generate sufficient clamping force with a single centerlock nut on an F1 wheel to transfer driving and braking forces through friction. It would require a massive torque on the nut. So F1 wheels rely on a close tolerance shear fit between the hub pins and the wheel holes. This arrangement does not prevent fretting damage to the surfaces of the wheel and hub flange, since regardless of how close tolerance the pin fit is there will always still be some micro slippage. But for the very limited service life required for F1 parts, it doesn't seem to be an issue.
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