The series is a part of the Formula Racing Development Limited (FRD) organization managed by Kenneth Ma to promote motorsport in Asia.

Future F1 drivers such as Kamui Kobayashi, Kazuki Nakajima, Bruno Senna and Red Bull Junior Team's Scott Speed all once took part in the event.

Another class, for Chinese events only, was the China Formula Renault Challenge, which was an entry-level series intended to reduce the championship cost.

The race weekend starts on Thursday and Friday with a 2-hour free practice session but with additional cost for drivers.

A warm-up (15 minutes) occurs on Sunday morning and two 10 lap races are held in the afternoon.