A calendar was announced for the 2002 season. The season would consist of thirteen races at ten different European circuits. According to the official website the season opener was pushed back by three months because of the bankruptcy of car supplier Reynard Motorsport. The amount of rounds was also reduced to five double headers.
The Reynard chassis were bought by Dutch entrepreneur Harry Maessen in 2006. The idea was to increase performance and form a racing series in 2008. In 2008 the renewed cars, renamed Formula BRL ran a test session at Circuit Zolder. Various Dutch drivers tested the car fitted with a 420hp Ford V8 engine. Later in the season the cars ran two demonstration races at the TT Circuit Assen. Former champion Ricardo van der Ende participated in the event. The races were won by Henk Vuik, Jr. and Nelson van der Pol. At the end of the 2008 season the idea for a racing series was scrapped.