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March 3 Racing (Beijing) Formula Sport Co. Ltd is the joint venture of FG Management, which is a subsidiary company of FFBC Holdings, and Team Score Co. Ltd. Established on April 2005 in Beijing, now the Company currently possesses six Formula Renault 2000 and eighteen FJ1600 racing cars, and 20 Tony Karts. Since 2006, the Company has formed a technical team with the famous European racing company, Prema Powerteam from Italy and started participating in the Asia Formula Renault Challenge. The Company won first runner-up in the first round and was the champion in the second round on 2nd April in the second competition in Shanghai. The Company also opened a formula race training school based in Beijing and obtained the organizing right of “China Formula Racing Open Championship” from 2007 to 2012 from the Federation of Automobile Sports of PRC at the end of 2006. The Company has become the authorized formula race training organization.

Milestones October 2004 FG Management, which is a subsidiary company of FFBC Holdings, and TeamScore started to prepare for the joint venture. April 2005 The Company's registration is approved and the address is Jingang Vehicle Park. April 2005 March 3 Racing (Beijing) Formula Sport Co. Ltd was established. October 2005 Imported Formula Renault racing cars from Italy. December 2005 Allied with famous European racing company, Prema. Powerteam from Italy and started preparing for the 2006 Asia Formula Renault Challenge. February 2006 M3-Prema racing team is officially formed and started to take part in the Asia Formula Renault Challenge from March. March 2006 Won 8th place in the first round and 14th place in the second round at Asia Formula Renault Challenge in Shanghai. April 2006 Won 2nd place in the first round and 1st place in the second round at Asia Formula Renault Challenge in Shanghai. April 2006 Won 14th place in the first round at Asia Formula Renault Challenge in Zhuhai. May 2006 Won 9th place in the first round at Asia Formula Renault Challenge in Zhuhai. June 2006 Won 6th and 12th place in the first round and 8th and 11th place in the second round at Asia Formula Renault Challenge in Malaysia. July 2006 Allied with famous IT company, D-Link and formed a racing team. August 2006 Won the 9th place in the second round at Asia Formula Renault Challenge in Shanghai. August 2006 Imported 6 FJ1600 racing cars from Japan. September 2006 Organized race training course at the Beijing Jingang Race Course. December 2006 Won the exclusive promoter for China Formula Racing Open Championship from 2007 to 2012. February 2007 Became the China distributor for the world renowned Tony Kart. February 2007 Sponsored China racer Cheng Cong-fu to be the spokesperson for China Formula Racing Open Championship and the model for young racers.
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