In 1992, they entered the British Formula 3 Championship with a three-car team, running under the P1 Racing banner.

In 2004, the team changed its name again to P1 Motorsport, running Northern Irish driver Adam Carroll and Venezuelan Ernesto Viso.

Carroll scored five victories during the year to finish as runner-up to Nelson Piquet Jr. with Viso taking a single win at Knockhill before leaving the team mid-season to join the Formula 3000 series.

For the 2008 season, they officially became known as P1 Motorsport with Giedo van der Garde joining the team alongside Pippa Mann.

Before the Nurburgring round P1's factory caught fire, destroying nearly all the team's assets.