Following the formation of its Design Office in 2010, the company was first responsible for the updated OAK/Pescarolo LMP1 that raced in 2011 before developing the all-new Morgan 2012 LMP2 to the ACO's cost capped regulations in time for the 2012 season.

This was rewarded with a third place LMP2 class finish at the Le Mans 24 Hours where the team ran one of the youngest crews ever to contest the race at an average age 24, and also fielded the first Chinese driver ever to enter the event.

In December 2009 OAK Racing reached an agreement with Pescarolo Sport to take over the manufacturing side of its business.

Consequently, the development and construction of the chassis, bodywork and spare parts of the Pescarolo prototypes was assumed by OAK Racing, as well as all commercial activities.

Their efforts were rewarded with numerous titles and podium finishes, including a third consecutive top-three finish at the 24 Hours in LM P2 (taking second and fourth places), four podiums from five LMS events, the ILMC LMP2 class title and the Michelin Green X Challenge trophy in the LMS and ILMC.

For 2012 OAK Racing split the design, manufacturing, and sales divisions of the team into an independent company named Onroak Automotive.

Onroak launched a revised LMP2 that, as well as being raced by the team, would be made available for sale to privateer outfits ahead of the 2012 season.

OAK Racing initially entered a single car in both prototype classes and saw its #24 Morgan-Judd 2012 LMP2 take pole position and finish second on debut at the season-opening 12 Hours of Sebring.

The race was run in very difficult weather conditions and several serious accidents bringing out a record of twelve safety car caution periods.