Powered by a Cosworth DFV V8 engine, Romano finished in 6th place in the 1983 ASCC before going on to dominate the 1984 Championship.
Romano and four time CAMS Gold Star winner Alfredo Costanzo drove the car in the final round of the 1984 World Endurance Championship at the Sandown Raceway in Melbourne.
Bap Romano also drove in some rounds of the 1989 Australian Drivers' Championship in a Spa FB001 Formula Holden.
To allow Tom Walkinshaw Racing (TWR) to enter four cars in the 2001 series, and circumnavigate a restriction that allowed only with only three cars able to be entered under each Level 1 franchise, the Romano Racing franchise were leased to TWR.
The Romano franchise was used by TWR to enter the K-Mart Racing cars, while the Romano car was entered under the Holden Young Lions banner as part of the Holden Racing Team franchise.