It was founded in 2015 by Oliver Oakes, separate to but reviving the name of a previous team, Hitech Racing, run by Dennis Rushen and David Hayle from 2002-2014.

In the Korea Super Prix, guest driver Richard Antinucci achieved Hitech's first international race win.

In 2007 Hitech retained the services of Marko Asmer who joined Austrian Walter Grubmuller for an assault on the British F3 Championship.

[3] 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 2015, Oliver Oakes founded Hitech GP, and the team made guest appearances in the two final rounds of the European Formula 3 Championship with Alex Sims.

[4][5] In 2016, Hitech joined forces with ART Grand Prix, to make a full season in the FIA F3 European Championship.

[9] 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.

In 2019, Hitech GP provided a full race operation package to W Series, including preparation, shipping and all trackside requirements.

[19] For the inaugural 2019 FIA Motorsport Games Formula 4 Cup all drivers utilized KCMG KC MG-01 cars, which were operated by Hitech GP.

[34] In December 2024, F1 Academy announced that Hitech will join the championship in the 2025 season as the sixth team with two full-time competitors and the third seat reserved for the wild card drivers, relieving Prema Racing from this duty.

In 2016, Hitech joined forces with ART Grand Prix, to make a full season in the FIA F3 European Championship.

In March 2022, following the Russian war against Ukraine, the shares held by Bergton Management Ltd were relinquished to Oakes, who took full control of the company.