With a European level of organisation and sponsorship from the Lukoil oil company, the team became the main force in the Russian autosport arena.

In Touring Car racing the team chose to compete in the Honda Civic Cup where it won both titles 3 years in row.

In 2009 Lukoil's driver Aleksey Dudukalo started to participate in the SEAT León Eurocup with the Sunred team.

On 18 January Lukoil announced that it had decided to participate in the 2012 WTCC season, running its own team with Gabriele Tarquini and Aleksey Dudukalo as drivers.

At the end of 1998 Lukoil Racing decided to participate in the International Formula 3000 Championship with its own team, including current Russian F3 drivers Alberto Pedemonte and Viktor Maslov.

But Lukoil was late with 1999 season participation request and bought Christian Horner's Arden International team.