Yeoman Credit Racing

The first team to benefit from this commercial relationship was the British Racing Partnership, run by Ken Gregory and Alfred Moss, who were sponsored by Yeoman Credit Ltd. from August 1959.

With an expanding business in financing retail motor sales, the Samengo-Turner brothers were looking at new ways of advertising Yeoman Credit.

This led to a meeting with Ken Gregory of the British Racing Partnership, which resulted in the formation of the first fully sponsored Formula One Grand Prix Team – giving Yeoman Credit the opportunity to secure profile advertising in the press and on television.

BRP had to find a new sponsor and sourced new funding from the United Dominions Trust, a competitor of Yeoman Credit in the financing of retail motor sales.

Despite a good start to the season with John Surtees winning the Glover Trophy at Goodwood (the first 1.5 litre non-championship Formula One race), results did not come as expected.