|Team principal(s)||Haji Mohamad Fauzy Abdul Hamid|
|Former series||Formula Renault 3.5 Series
JK Racing Asia Series(Formula BMW Pacific)
The Mofaz Group is a Malaysian conglomerate, established in 1977, which operates in a wide range of business sectors, including services and hospitality, international and domestic trade and corporate management.
Acquisition of Fortec Motorsport
At the beginning of 2009, the Mofaz Group bought a stake in British Formula Renault 3.5 Series team Fortec Motorsport. The new team was initially known as Mofaz Fortec Motorsport before later becoming known as Mofaz Racing.
Malaysian Fairuz Fauzy, the son of team principal Haji Mohamad Fauzy Abdul Hamid, and Estonian Sten Pentus were the teams' drivers for the 2009 season. They finished the season fifth in the Teams' standings with 121 points, with Fauzy finishing runner–up in the Drivers' championship behind Bertrand Baguette, scoring five podium positions including a win at the Hungaroring.
On December 18, 2009, the World Series by Renault organising committee announced the thirteen teams pre–selected to compete in the 2010 season, with Fortec Motorsport and Mofaz Racing listed as two separate entries. Fortec took over the grid slot of Prema Powerteam, who decided to leave the series to concentrate on their Formula Three activities, with Mofaz Racing now a separate team in its own right.
Also in December 2009, the team announced that they would enter the Formula BMW Pacific series in 2010 after entering into a partnership with Malaysian petroleum company Petronas. The team finished the season fourth overall, taking a single race victory at the Okayama International Circuit.
In February 2010, it was announced that Mofaz Racing had entered into a collaboration with new Formula One team Lotus Racing, with the Formula Renault 3.5 Series outfit sharing the same livery and officially becoming known as the 'Lotus F1 Racing Junior Team', which was later abbreviated to Junior Lotus Racing. The team's drivers for the 2010 season were former GP2 Series and Superleague Formula driver Nelson Panciatici and Russian Daniil Move, with British driver Dean Stoneman replacing Move for the final round in Barcelona. The team finished the season in ninth place, with Panciatici their highest classified driver in 12th position, losing out on 11th place to Filip Salaquarda on countback.
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- de Foronda, Blanca (18 December 2009). "Thirteen teams pre-selected for 2010 season". automobilsport.com. MaP. Retrieved 30 December 2009.
- "Prema quits Renault WS, Fortec takes place". crash.net. Crash Media Group. 19 December 2009. Retrieved 30 December 2009.
- "Mofaz Racing and Petronas collaborate to form junior formula racing team". mofazracing.com. MOFAZ Racing. 10 December 2009. Retrieved 30 December 2009.
- "2010 line-up takes shape". renault-sport.com. Renault Sport. 3 February 2010. Retrieved 17 February 2010.
- "Panciatici eyes F1 with 2010 deal". crash.net. Crash Media Group. 15 February 2010. Retrieved 17 February 2010.
- "To the victor, the spoils!". renault-sport.com. Renault Sport. 1 October 2010. Retrieved 19 January 2011.
- "World Series by Renault 2010". driverdb.com. Driver Database. Retrieved 18 January 2011.