@Ticomaya,
Usually, a format only re-writes a very small part of the disk. There is commercial software to write random data to the entire disk multiple times in order to make the data unrecoverable, but physical destruction of the media is preferable.
Storage is cheap nowadays; unless the drive is particularly rare or in demand, it's much cheaper to junk the disk than to resell it. (Older, legacy computers sometimes drive demand in the resale market, because they won't take newer equipment.)