The team also competed in one Formula One race, the 1963 United States Grand Prix, where their one car finished in seventh place.
Peter Broeker, the owner and president of a firm of automotive accessory manufacturers, designed and built the Stebros in his Montreal plant,[1] to promote the company in the Canadian market.
[4] Around 1959, Peter Broeker had introduced the Stebro brand of performance exhaust systems for imported cars.
Broeker quickly set up a plant to fabricate these exhaust systems in Pointe Claire, Quebec, and eventually moved to eastern Ontario.
After ending the race program, Stebro remained a manufacturer of performance exhaust systems for European and American cars until some point after Broeker's death in 1980.
Peter Broeker moved to Canada with his family at the end of World War II.
The body was clothed in aluminum and original powered by a modified Ford FJ engine mated to a Hewland MKIV five speed gearbox.
As the dates for the US GP approached (at the time, the United States Grand Prix was held in September), Broeker kept asking for his motors, as he had already paid for them and was awaiting delivery.
Martin continued to put off Broeker as they aggressively worked to resolve the engine problems.
He built up an essentially stock Ford 1500cc engine, using whatever performance products he could find from his current race motors, and trailered the car down to Watkins Glen.
Enrie DeVos, realizing the car was seriously lacking in power, left - leaving Broeker as the team's driver.
Broeker continued to race, though the car was down on power and not able to achieve its full speed due to the gearbox jam.
As the checkered flag fell, Broeker was classified in seventh place, making him the first Canadian to compete in and finish a World Championship Grand Prix.
Power was from an 1100cc Martin Ford Motor, which would prove to be lacking compared to the finely tuned Cosworth engines.