[2] The following season was more successful for the team, under the management of former London Knight Dennis Maxwell, they signed Eric Cairns and Scott Nichol during the 2004–05 NHL lockout.
[3] The team would qualify for EIHL playoffs, however, they finished bottom of their group and failed to progress.
The Racers third season seemed to continue the upward trend, as they were 6th out of 9 teams and in play off contention when a series of incidents involving the plexiglass at the Lee Valley Ice Centre forced them to deem their rink unsafe, and having failed to find a suitable replacement, they were forced to withdraw from competition and fold.
The team was owned by Dave Richards Jnr,[5] the son of the Assistant Coach of the EIHL's London Racers.
[6] During their four-year tenure at Alexandra Palace, the team failed to make the playoffs, typically finishing mid-table.