The Mofaz Group is a Malaysian conglomerate, established in 1977, which operates in a wide range of business sectors, including services and hospitality, international and domestic trade and corporate management.
[1] At the beginning of 2009, the Mofaz Group bought a stake in British Formula Renault 3.5 Series team Fortec Motorsport.
[3] On December 18, 2009, the World Series by Renault organising committee announced the thirteen teams pre–selected to compete in the 2010 season, with Fortec Motorsport and Mofaz Racing listed as two separate entries.
[4] Fortec took over the grid slot of Prema Powerteam, who decided to leave the series to concentrate on their Formula Three activities, with Mofaz Racing now a separate team in its own right.
[6] The team finished the season fourth overall, taking a single race victory at the Okayama International Circuit.