![Cooper T51](https://upload.wikimedia.org/wikipedia/commons/0/09/Cooper_T51.jpg)
Yeoman Credit Racing was a name used by two different
Formula One
Formula One (also known as Formula 1 or F1) is the highest class of international racing for open-wheel single-seater formula racing cars sanctioned by the Fédération Internationale de l'Automobile (FIA). The World Drivers' Championship, ...
motor racing
Motorsport, motorsports or motor sport is a global term used to encompass the group of competitive sporting events which primarily involve the use of motorized vehicles. The terminology can also be used to describe forms of competition of two ...
teams in the early-1960s: the
British Racing Partnership
British Racing Partnership (BRP) was a racing team, and latterly constructor, from the United Kingdom. It was established by Alfred Moss and Ken Gregory – Stirling Moss's father and former manager, respectively – in 1957 to run cars for Stir ...
(1960); and
Reg Parnell Racing
Reg Parnell Racing was a privateer Formula One team during the 1950s and 1960s. The team was founded by ex-Formula One driver Reg Parnell after he retired from racing. It raced as Yeoman Credit Racing in 1961 and as the Bowmaker Racing Team in ...
(1961–62). The name was derived from commercial sponsorship arrangements, the first time that a Formula One racing team had changed their name in deference to sponsorship.
Brief history
The first team to benefit from this commercial relationship was the ''British Racing Partnership'', run by
Ken Gregory
Ken Gregory (1960) is a Canadian media artist who works with DIY interface design, hardware hacking, audio, video, and computer programming. He is based in Winnipeg, Manitoba.
Career
Gregory's work has been exhibited internationally in media art ...
and
Alfred Moss
Alfred Ethelbert Moss (30 May 1896 – 23 April 1972) was an English dentist and racing driver.
Born in Kensington, London, Moss was the son of Sarah Jane and Abraham Moses Moss. His father was Jewish, while his mother was a Christian.
...
, who were sponsored by ''Yeoman Credit Ltd.'' from August 1959. Yeoman Credit was a finance company founded by Joseph Samengo-Turner in the mid-1950s. By 1959/60 the company was being run by Joseph's sons Paul, William and Fabian. 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.
Initially the team entered Formula Two, with only occasional Formula One races, but in they made the step to concentrate on a three-car Formula One team running 1959
Cooper T51
The Cooper T51 was a Formula One and Formula Two racing car designed by Owen Maddock and built by the Cooper Car Company for the 1959 Formula One season. The T51 earned a significant place in motor racing history when Jack Brabham drove the car ...
s, with mixed success. Unfortunately, during this time two of the team's drivers (
Harry Schell
Henry O'Reilly "Harry" Schell (June 29, 1921 – May 13, 1960) was an American Grand Prix motor racing driver. He was the first American driver to start a Formula One Grand Prix.
Early life
Schell was born in Paris, France, the son of expatri ...
and
Chris Bristow
Christopher William Bristow (2 December 1937 – 19 June 1960) was a British Formula One driver. Bristow was the son of a garage owner from London, and was unmarried. Bristow was called the "wild man of British club racing", as he had spun or h ...
) were killed while racing their cars.
In September 1960 the ''Yeoman Credit Racing'' identity and sponsorship funds were moved by the Samengo-Turner brothers to the newly formed ''Reg Parnell Racing'' team, as relations between BRP and Yeoman Credit had broken down. BRP had to find a new sponsor and sourced new funding from the
United Dominions Trust
Black Horse Limited is a motor finance company based in the United Kingdom. It was formed in July 2001, as a wholly owned subsidiary of Lloyds Banking Group, but its origins can be traced back to 1922.
The business should not to be confused wit ...
, a competitor of Yeoman Credit in the financing of retail motor sales. The Yeoman Credit team continued, now in its new dark-blue-and-red liveried
Cooper T53
The Cooper T53 is a Formula One car built by British motorsport team Cooper for the 1960 Formula One season. Jack Brabham drove it to his second World Championship that year, and with teammate Bruce McLaren gave Cooper its second Constructors' Cham ...
s, during . 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.
Bowmaker Racing
![Surtees at 1962 Dutch Grand Prix](https://upload.wikimedia.org/wikipedia/commons/d/d4/Surtees_at_1962_Dutch_Grand_Prix.jpg)
For the Yeoman Credit's parent company, ''
Bowmaker Limited'', decided that the team's name should be changed to ''Bowmaker Racing''. The team decided to invest in a new car which was commissioned from
Eric Broadley
Eric Harrison Broadley MBE (22 September 1928 – 28 May 2017) was a British entrepreneur, engineer, and founder and chief designer of Lola Cars, the motor racing manufacturer and engineering company. He was arguably one of the most influentia ...
's
Lola Cars
Lola Cars International Ltd. was a British race car engineering company in operation from 1958 to 2012. The company was founded by Eric Broadley in Bromley, England (then in Kent, now part of Greater London), before moving to new premises in S ...
company and was the first Formula One design to emerge from the Lola stable. However, Broadley's
Lola Mk4 cars did not prove as competitive as had been hoped. Despite full works support from the Lola factory and pole position for their first race, the Dutch Grand Prix, Bowmaker withdrew their financial support before the start of the
1963 Formula One season. Reg Parnell Racing survived the loss of funds, and the death of owner
Reg Parnell
Reg or REG may refer to:
* Reginald (disambiguation)
* Reg or desert pavement
* Raising for Effective Giving, a charity
* Random event generator (parapsychology)
* Raptor Education Group
* Regal Entertainment Group
* Regular language
* .reg MS Wind ...
himself in 1964, and eventually merged with the
British Racing Motors
British Racing Motors (BRM) was a British Formula One motor racing team. Founded in 1945 and based in the market town of Bourne in Lincolnshire, it participated from 1951 to 1977, competing in 197 grands prix and winning seventeen. BRM wo ...
works team in the late 1960s.
Complete Formula One World Championship results
(
key
Key or The Key may refer to:
Common meanings
* Key (cryptography), a piece of information that controls the operation of a cryptography algorithm
* Key (lock), device used to control access to places or facilities restricted by a lock
* Key (map ...
)
References
*''Bowmaker Racing''. Bowmaker Limited, Bournemouth. pp. 15 (1962 promotional booklet.)
*{{cite web, title= Dad, Ken Gregory and their dream team , url= http://www.forix.com/8w/brp.html , work= 8W , access-date= 2007-11-27
Formula One entrants
British auto racing teams