Banking refers to the degree of incline on the racing surface of the track and is designed to help a car’s downforceDownforce is a measure of how much vertical aerodynamic load is created by a Formula 1 car’s aerodynamic surfaces. The... There's more... and velocity through a turn while minimizing lateral slip.
The amount of banking varies from track to track but is not as prominent in F1’s grade 1 tracks as it is in, say, Nascar.