Status Grand Prix Engineering Ltd is a UK-registered company racing under a Canadian licence. Founded in 2005, it operates as a multi-faceted international motorsport team, dedicated to the top-level engineering and professional service required to succeed in motor racing’s biggest arenas.
Status GP has a multi-year contract to operate a two-car GP2 team. Having acquired the Caterham Racing GP2 team and entry in October 2014 and accomplishing two victories in their maiden season, Status GP now embarks on its second season in the Formula One™ feeder series.
After making its debut at the famed Le Mans 24 Hours in 2006, the team expanded in 2011 into racing sportscars full-time and contested the Le Mans 24 Hours for the following three years.
Status GP previously won the 2009 A1GP World Cup of Motorsport, proving its credentials as one of the fastest emerging teams in motorsport after four seasons in the global single-seater series running the A1 Team Ireland and A1 Team Canada franchises.
Teddy Yip Jnr.
A Canadian-based entrepreneur with a great passion for motorsport. His late father, Teddy Yip Snr, owned Formula One™ team Theodore Racing in the ‘70s and ‘80s and was a founder of the Macau Grand Prix F3 race. Teddy Jnr’s ambition is to repeat his father’s success in building a racing team that is well known and widely respected. He represents the dynasty that created Theodore Racing and his investment has been the catalyst for Status GP’s rise to prominence.
A leading motorsport figure, reaching Formula One™ as a driver with Theodore Racing in 1980 and enjoying a long sportscar career with Mazda including a pivotal role in the Group C programme that won Le Mans in 1991. David went on to organise automotive exhibitions in London and Tokyo before creating and developing one of the world’s prominent motorsport equipment and race wear retail companies. Since 1995, David has also been a Formula One™ commentator for Irish television.