The series featured privateers racing identical cars that were covered in different silhouette designs to create visual diversity.
Its choice of engines and the fact that it raced twice in the oval configuration at the EuroSpeedway Lausitz also led to the V8Star Series being called the "German NASCAR" before its cancellation in November 2003 due to a lack of sponsorship money.
The power was transferred via a 6-speed sequential gearbox that was developed by Australian company Holinger, which had previously created it for use in the V8 Supercars series.
The silhouettes were modelled to visually resemble a total of seven production cars that were sold in Germany at the time, including the designs of Audi A6, BMW 5 Series, Ford Mondeo, Jaguar S-Type, Lexus GS, Opel Omega and Volkswagen Passat.
Ford and Volkswagen expressed their approval of the series, with the Mondeo and Passat silhouettes introduced for the 2002 season and requiring no modifications.
The goal of keeping the costs low was highly important for the V8Star Series due to the fact that it only featured privateer teams that were not supported by car manufacturers.
The lack of involvement from car manufacturers in the V8Star Series meant that it primarily competed with the DTM in hiring better engineers and drivers, as well as in attracting more sponsors.
The series featured two non-German venues in 2002 by returning to the Salzburgring and visiting the Circuit Zolder in Belgium, with both tracks hosting one race each.
For the final season in 2003, the two venues were dropped and the series hosted two races at the Circuit Park Zandvoort in the Netherlands instead.