Theodore Racing will partner Prema Racing in several European feeders series this year, including GP2, FIA European Formula 3, Italian Formuula 4 and ADAC German Formula 4.
The Theodore Racing name returned to IndyCar last month in partnership with Rahal Letterman Lanigan Racing, where Graham Rahal raced under the team name of Rahal Letterman Lanigan with Theodore Racing, and will do so again at both the Indianapolis GP and Indy 500 later in the year.
Teddy Yip Jr revived the historic Theodore name at the Macau Grand Prix in 2013 under the name 'Theodore Racing by Prema', where Alex Lynn won the race, and three cars have been entered in the previous two Macau races since then, with another win coming courtesy of Felix Rosenqvist in 2015.
While previous involvements have included one-off events, 2016 will include full seasons in partnership with Prema in GP2, F3 and German and Italian F4.
Theodore Racing is the only Chinese constructor to have competed in Formula 1, giving first opportunities to drivers such as Keke Rosberg and Patrick Tambay.
Of the challenges ahead, Teddy Yip Jr. said “2016 will be a transitional yet exciting year for me and I have made the decision to expand Theodore Racing. My desire to work with and support world-class young drivers has driven me to become involved with junior formulae.
“Having formed such a close and successful partnership with Prema in Macau, plus the fact that they are race winners in all categories, it was an easy decision to partner Prema in all their junior single-seater campaigns.”
René Rosin, Prema Team Manager has high hopes for the nenewed partnership. “I’m extremely pleased to see our successful partnership with Teddy Yip and Theodore Racing not only continue in Formula 3 and Macau but also extend to Prema’s other operations in GP2 and Formula 4," she said.
"Our partnership carries huge potential, something that was obvious to me from the beginning when we won the Macau GP together in 2013. Since then, our relationship has gone from strength to strength and I look forward to 2016 more than ever.”
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