The Formula 2 and Formula 3 team formerly known as Charouz Racing System will rebrand for next season.
The Czech team has announced a partnership with PHM Racing, a nonprofit racing team that recently competed in the UAE Formula 4 Championship, Italian Formula 4, and ADAC Formula 4.
PHM Racing was founded in 2021 by Paul H. Müller. He believes that the German team can serve drivers more readily with a nonprofit system.
“I don’t believe a team can focus on being profitable and provide the best driver program at the same time,” says Müller. “That’s why PHM Racing is a nonprofit organization, incorporated in Germany.”
In 2022, the team finished third, third, and second in the teams’ championships of the three Formula 4 series they contested. Now, they’re moving up the ladder.
Müller commented that “Joining Formula 3 and Formula 2 is the next step in our evolution as a comprehensive development program for young driver talents. We are excited to offer drivers a team that can take them from karting all the way to the doorstep of Formula One.”
Partnering with Charouz
For 2023 Charouz Racing System will rebrand to PHM Racing by Charouz, and the two teams will form a partnership.
Charouz team owner Toni Charouz said, “I’m really glad to announce this partnership with Paul and his team. PHM Racing is a quite new name in the motorsport landscape but they already showed how professional and competitive they can be in Formula 4 and I’m sure, with all our knowledge and support, they can do as well in the FIA Formula 2 and FIA Formula 3 championships.”
Formula 2 and Formula 3 CEO Bruno Michel also approved of the new partnership, saying, “I would like to welcome PHM Racing to Formula 2 and Formula 3. Although they are a young team, they are eager to prove they have what it takes to embrace the challenges of our championships.
“I would also like to thank Toni Charouz and everyone at Charouz Racing System. Toni has been a great partner throughout the years and Charouz Racing have been valued members of our paddock since 2018. They will operate PHM Racing in both categories next season, so the Charouz name will remain on the grid in some capacity for another year.”