History
The team initially ran small open-wheel series in Britain in the late 1970s, including British Formula 3 and Aurora F1. Many future Formula drivers raced for the team, including Nigel Mansell, Martin Brundle, Johnny Dumfries, and Tiff Needell. With Dumfries, David Price Racing was able to win the British F3 Championship in 1984. The team would also expand into French Formula 3 at the time with Paul Belmondo.
In 1987, David Price moved into sports car racing, becoming team manager for Richard Lloyd Racing. This earned him a job at Sauber-Mercedes in 1988, helping the team achieve the World Sportscar Championship and a 24 Hours of Le Mans victory in 1989. David Price was then hired by Nissan Motorsports Europe to run their sportscar program, before eventually becoming a race director at Brabham in Formula One in 1993.
David Price Racing returned to competition in 1995, running in the BPR Global GT Series. One of the multiple McLaren F1 GTR teams in the series, they won the teams championship in their first year of competition with drivers John Nielsen and Thomas Bscher. The following year they would take third in the BPR championship. David Price Racing then became the European factory team for Panoz, running their Esperante GTR-1s in the new FIA GT Championship as well as supporting the primary team in the United States.
During a brief interlude from Panoz, David Price Racing ran a BMW V12 LM at the 24 Hours of Le Mans, finishing fifth overall. The team would later return to support Panoz's own Le Mans prototype efforts in the American Le Mans Series and at Le Mans itself. Following the 2001 season, David Price Racing went on hiatus. The team would briefly assist MG in development of the XPower SV for 2002.
In 2004, David Price Racing returned, once again running single-seater cars. They ran the Formula Renault V6 Eurocup series before moving into the new GP2 Series in 2005, winning two races with Olivier Pla. The team briefly changed their name to Direxiv in 2006, before returning to the David Price Racing name in 2007. They also briefly ran the A1 Grand Prix series for A1 Team USA during the 2005–06 season.
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