The team was managed by John Sheppard and had its base at the Calder Park Raceway in Melbourne.
New Zealand based driver Robbie Francevic won the opening round of the opening two rounds of the 1986 Australian Touring Car Championship, driving the Mark Petch Motorsport Volvo 240T that he had campaigned in Australia throughout 1985.
[1][2][3] Francevic would go on to win the ATCC, the first time the championship would be won by a turbo powered car and the first time it would be won by a non-Australian resident (Francevic continued to live in Auckland and only commuted to Australia for races and some private testing).
However simmering tensions between the big Kiwi and Sheppard, with Francevic being unhappy about the increasing uncompetitiveness of the 240T against the new V8 Group A Holden Commodore and turbo Nissan Skyline's which meant he won the title with consistent placings rather than the race wins he wanted, would boil over at the Sandown 500 with Francevic being fired by Sheppard the day after the race following his refusal to drive a newly built car (claiming it would be uncompetitive having not even practiced) as well as his controversial comments to the media on the morning of the race.
At the end of 1986, Volvo withdrew from global motorsport resulting in the team being disbanded and the cars being returned to Sweden.