The team began by competing in the 2001 Spanish Formula Three Championship, with Daniel Martín, Álvaro Parente, Miguel Ramos and Paul Robinson as drivers.

[3] In 2004 the team continued with Andy Soucek, but de Villota Sr. sells its stake in EV Racing and creates Master Junior Formula series.

[7] Also during the 2010 season the team participated in Superleague Formula with cars representing Sevilla FC, AS Roma and Sporting CP.

Hector Hurst won the race at Nürburgring and finished seventh in the standings ahead of his teammate Yarin Stern.

[13][14] In 2014 the championship was rebranded as Euroformula Open and the team signed Yu Kanamaru and Che One Lim as their full-time drivers.

[20] However, a return to single seaters was confirmed with the announcement that the team was joining the 2021 F4 Spanish Championship grid,[21] with Jorge Campos[22] and Filip Jenić.