Rapha Condor was owned by Rapha, a cycling clothing company, and Condor Cycles, a London-based bicycle manufacturer and store.

The team is mainly British, including 2009 British champion Kristian House and double Olympic champion Ed Clancy.

The Jardine Lloyd Thompson group of Insurance Brokers is one of the largest of its type in the world[5] Rapha announced the company would be stepping away from sponsoring the team after 2014, citing a focus on Team Sky rather than grassroots sport.

[6] Subsequently, it was announced that the team would be known as JLT–Condor, presented by Mavic for the 2015 season.

In September 2018, the team announced that it would disband at the end of the season after failing to find a primary sponsor to replace JLT, whose deal with the team would expire at the end of the year.