The season consisted of eight rounds, beginning on 10 April at the ACI Vallelunga Circuit and finishing on 9 October at the Autodromo Nazionale Monza.
In this one-make formula all drivers had to utilize Lola B99/50 chassis and Zytek engines.
It was won jointly by Austrian Norbert Siedler and Italian Massimiliano Busnelli.
Points were awarded to the top eight classified finishers using the following structure: NOTE - Siedler and Busnelli could not be separated by race finishing positions.
Siedler had the better qualifying record but it was decided that the title would be shared.