Yes, after formatting a computer, some drivers will be lost, including sound, graphics and wireless card drivers. You will need to find out which drivers you need from a support page for your computer or software that finds out the details about a computer's drivers. I use Everest Ultimate free edition; it will give you a list of driver names your computer needed/uses.
After finding the driver name, you will need to search for it on Foogle or another search engine, download it and install it. It's important that you install correct drivers; installing the wrong drivers could mess up your computer's files and damage your computer's BIOS.