MarketHitech Grand Prix
Company Profile

Hitech Grand Prix

Hitech Grand Prix is a British motor racing team. It was founded by Dennis Rushen and David Hayle in 2002 and relaunched by Oliver Oakes in 2015. Currently, Hitech competes in the FIA Formula 2 Championship, FIA Formula 3 Championship, Formula Regional Oceania Trophy, Eurocup-3, GB3 Championship, F4 British Championship, F1 Academy, Formula Trophy UAE and UAE4 Series. The team also supports Toyota drivers in Super Formula Championship.

History
Hitech Racing (2002–2014) Hitech Racing started out in the British Formula 3 Championship in 2003. The team also competed in the South American Formula Three Series, namely the Formula 3 Sudamericana. In its first season, Hitech scored five pole positions and six podium finishes, with drivers Danny Watts and Eric Salignon. For 2012, Brazilian Felipe Guimarães took 4 wins and two poles to end fourth with Hitech Racing Brazil in the Formula Three Sudamericana series. In 2013, Hitech's Brazilian ace Felipe Guimarães took both the Formula 3 Brazil Open and the Formula Three Sudamericana series titles, winning 13 races and obtaining 7 poles and 12 fastest laps in the process. In 2014, Brazilian Felipe Guimarães defended his Formula 3 Brazil Open title with Hitech Racing Brazil in January 2014 at the 2014 Formula 3 Brazil Open with his teammate Victor Franzoni finishing second. GP2 Series In 2005, Hitech partnered with Piquet Sports to enter the GP2 Series, running Nelson Piquet Jr. and Alexandre Negrao. However, prior to the Istanbul round, it was announced that this partnership had ended and that Piquet Sports would run the team for the remainder of the season. Despite this, team would continue carrying the Hitech name until the end of the season In 2016, Hitech joined forces with ART Grand Prix, to make a full season in the FIA F3 European Championship. George Russell and rookies Ben Barnicoat and Nikita Mazepin will race for the team. 2015's guest driver Sims again appeared in the 2016 season's final round at Hockenheim. The following season, only Mazepin remained with the team, he was joined by 2016 Prema driver Ralf Aron, Jake Hughes and Honda Junior Tadasuke Makino. For 2018 the team signed Enaam Ahmed, Ben Hingeley, Álex Palou In 2019 the team was represented by Jüri Vips in the new FIA Formula 3 Championship. He was joined by Leonardo Pulcini, who raced in the GP3 Series, and 2016 French F4 champion Yifei Ye. The team saw four wins coming from Vips and Pulcini that ultimately resulted in the outfit finishing second behind Prema Racing in the teams' standings. In 2019, Hitech GP provided a full race operation package to W Series, including preparation, shipping and all trackside requirements. Hitech GP also supplied race engineers and pit crew for each of the cars. This partnership was discontinued for the 2021 season following the 2020 season's cancellation due to the COVID-19 pandemic and Hitech GP's subsequent expansion into other series. For the inaugural 2019 FIA Motorsport Games Formula 4 Cup all drivers utilized KCMG KC MG-01 cars, which were operated by Hitech GP. This was the first Formula 4 car to feature Halo safety device. FIA Formula 2 Championship In January 2020, Hitech announced it would expand into the championship for the 2020 season. In their first season, they finished fourth in the Teams' Championship, with drivers Nikita Mazepin and Luca Ghiotto earning three wins between them. Ahead of the 2021 season, Ghiotto left the team and Mazepin moved to Formula One with Haas. In their place, the team signed Jüri Vips and promoted Liam Lawson from their Formula 3 operation. Lawson won the first race of the season and went on to finish ninth overall, with teammate Vips in sixth. Vips stayed on with the team for 2022, and Marcus Armstrong was signed to race alongside him. The team finished fifth in the championship. Hitech signed a title sponsorship deal with Pulse-Eight but slumped to eighth place in the championship in 2023, with both Jak Crawford and Isack Hadjar finishing outside the top ten in the championship. The team renewed its lineup with Paul Aron and Amaury Cordeel ahead of the Dallara F2 2024's introduction in 2024, and recovered to fourth in the teams' standings. Hitech inked a partnership with Toyota Gazoo Racing (TGR) for 2025 and, despite hiring a pair of rookie drivers, enjoyed its best season to-date, finishing runner-up with Williams' Luke Browning and Ferrari's Dino Beganovic. For 2026, nine-time IndyCar race winner Colton Herta made the move to the FIA's 'Road to F1' pathway with support from Cadillac, and joined Toyota junior Ritomo Miyata. Formula One It was reported in February 2023 that Hitech registered an interest in joining the Formula 1 at a date to be determined. In June 2023, Hitech announced that it has lodged an entry to join the 2026 season. Following announcements by the FIA on accepted submissions, Hitech was not one of the accepted applications, and speculation is that their application was rejected. There are some who believe that they are being funded secretly by Dmitry Mazepin, who is banned from competing in F1 due to European Union sanctions following the invasion of Ukraine in 2022. The allegation is that Vladimir Kim who has purchased a 25% stake in the Team is the face of the funding with the actual funding coming from Mazepin. == Ownership ==
Ownership
Hitech was originally founded in 2002 by Dennis Rushen and David Hayle as HiTech Racing Ltd. In 2015 Hayle, in partnership with Oliver Oakes, formed the company and its assets into a new company, Hitech Grand Prix Ltd, to compete in the FIA Formula 3 European Championship. In 2016, Hitech joined forces with ART Grand Prix to complete a full season in the FIA F3 European Championship. Oakes had formed a new company, Hitech Global Holdings Ltd, on 11 March 2022 to take control of the shares. This company was formed just three days after Mazepin and his son were sanctioned by both the UK Government and the European Union, In May 2025, Oakes' brother William, a director at Hitech, was arrested near Silverstone Park charged with "transferring criminal property" and being found with "a large amount of cash". William resigned from his position shortly after and, in October 2025, Oliver Oakes transferred his voting and sharing powers to Chinese investor Guocai Liu. == Current series results ==
Current series results
FIA Formula 2 Championship • Season still in progress. In detail (key) • Season still in progress. FIA Formula 3 Championship • Season still in progress. In detail (key) (Races in bold indicate pole position) (Races in italics indicate fastest lap) • Season still in progress. BRDC British Formula 3 Championship / GB3 Championship Season still in progress. F4 British Championship Euro 4 Championship Formula Winter Series F1 Academy Season still in progress. Formula Regional Oceania Trophy ==Former series results==
Former series results
F3 Asian Winter Series FIA European Formula 3 Championship † As Sims was a guest driver, he was ineligible for points. British Formula 3 International Series F3 Asian Championship / Formula Regional Asian Championship Formula Regional Middle East Championship Formula 4 UAE Championship ==Timeline==
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