The team then debuted in the FIA International Formula 3000 championship in 1998 with French driver, Cyrille Sauvage, only managing two points.

However, none of the drivers managed to score points Towards the end of 1999, GP Racing entered the Italian F3000 with just a single car driven by Thomas Biagi.

2002 was once again a peak season: GP Racing came 4th out of the 14 teams that participated on the constructor’s classification with Alessandro Piccolo and Martin Basso.

In 2003 for the third consecutive year, GP Racing competed in Euro 3000 Series Championship with promising young talents behind the wheel: Italian Fabrizio Del Monte, Russian Roman Rusinov and young Belgian Maxime Hodencq who replaced Rusinov for the last two races.

Once again, it was a positive season for the team: Del Monte was second in the driver’s classification and GP Racing was third in the constructor’s title.

In 2004, GP Racing confirmed its position at the top in Superfund Euro 3000 as well with Tor Graves joining Del Monte and Hodencq in a third car for the team.

An unfortunate collision with Graves at the start of the last round took the joy of winning the much deserved title away from Fabrizio and GP Racing.

In 2005 GP Racing participated in the Italian F3000 Championship with the Lola BO2 driven by Fabrizio Del Monte and by the débuting Juan Caceres who ended the season 5th.

Roldan Rodriguez, Diego Nunes, Davide Rigon and Fausto Ippoliti would complete the season while Rocha returned to the team in a third car.

"One day Nelson said, 'The first time Nelsinho sits in a race car, it'll be run by you'" The team stuck with competing in the South American championship the following year, which they took a majority thirteen of a possible eighteen wins scoring a total of 296 points as Piquet Jr. and Piquet Sports took the Drivers' and Teams' titles respectively, with the Brazilian having a margin of over a hundred points from his nearest rival Danilo Dirani.

2008 saw the team gain some success, with Italian Marco Bonanomi taking a win in the newly formed Asia series and new signing Pastor Maldonado, winner of the previous season's race in Monaco, taking the team's first pole position in the series at the opening round in Catalunya.

Fabio Onidi joined the team alongside the returning Roldan Rodriguez who shared the lead car with Pastor Maldonado and Fabrizio Crestani.