Credit: Photo by Gillfoto (Juneau, Alaska, United States), James Hunt in Hesketh March 308, Brands Hatch, 1974. Licensed under CC BY-SA 3.0. (credit links at the end of the content)
For British fans, this team is very well known, but not necessarily to all Formula 1 fans. Its story is unusual, and Hesketh Racing was certainly one of the most unconventional teams ever to compete in F1. As we continue bringing new stories to CarsRave, we also want to revisit and update the history of more classic teams from the past. Hesketh Racing was founded by British businessman Lord Alexander Hesketh and Anthony “Bubbles” Horsley. The team entered F1 in 1973 and quickly became famous for combining an extravagant lifestyle with a serious ambition to compete at the highest level of motorsport.
Hesketh Racing: No sponsor… just fun
At first glance, Hesketh looked almost like a travelling party rather than a conventional F1 team. The team became associated with champagne, Rolls-Royces, expensive hotels and lavish hospitality, while its cars carried a distinctive teddy bear logo instead of the large corporate sponsorships that were becoming increasingly important in Formula 1.
How Hesketh Racing Started
Hesketh Racing began in lower categories before entering F1, Alexander Hesketh, with a passion for racing, had become involved in motor racing with Horsley during the 1972.
The operation initially competed in Formula 3, but the idea was never really about finding sponsors or building a racing business. Everything they did was driven by enthusiasm, competition, and a genuine desire to enjoy the sport.
After experiencing life in the junior formulas, Hesketh came to the conclusion that F1 wasn’t necessarily as distant as it appeared. If racing at the highest level was going to require more money anyway, he wanted to go for it, and the team might as well attempt to reach Formula 1. And that decision would eventually create one of the most memorable privateer teams of the 1970s.
The Team That Refused to Look Like Everyone Else
While other teams were looking for major sponsors at the time, Hesketh Racing initially refused to cover its cars with traditional corporate sponsorship. Instead, the cars became instantly recognisable through their white livery with red and blue details, along with the team’s famous teddy bear emblem.
Away from the track, Lord Hesketh’s lifestyle was very different. He was known for travelling in luxury, entertaining guests, and maintaining a party atmosphere around the races. This created an image that could easily have made the team look like a wealthy group of enthusiasts who simply happened to own an F1 team.
But the reality on the circuit was very different. Hesketh was able to produce a competitive F1 car, unlike many of the small teams of the time, some of which struggled to finish races or, in some cases, even make it to the starting grid. Hesketh was different, and the people involved in the team played a major role in turning it from an entertaining curiosity into a genuine racing contender.
It is difficult to find another team quite like Hesketh Racing in Formula 1 history. Looking back at the sport’s past, few teams embraced the experience with the same level of enthusiasm and enjoyment as Lord Hesketh’s operation. While many British privateers were struggling to find sponsors simply to get their cars onto the F1 grid, Hesketh approached Formula 1 from a very different perspective.
Take the Connew team as an example. A small British privateer operation, Connew built its own Formula 1 car almost entirely from scratch in a tiny garage, with the exception of the engine. The team finally made its Grand Prix debut in 1972, but only once, before disappearing from Formula 1. When you consider how much time, money, and determination it took to build an F1 car from the ground up, the contrast with Hesketh becomes even more remarkable.
James Hunt Joins Hesketh
Hunt was a young British driver who fitted naturally into the Hesketh environment.
Hesketh initially entered F1 using a customer March chassis, the team made its Formula 1 debut at the 1973 Monaco GP, with Hunt behind the wheel.
At the time, very few people outside the junior formulas knew who James Hunt was. While competing in Formula 3, he had earned the nickname “Hunt the Shunt” because of his frequent incidents. He was clearly very fast, but his aggressive driving style was also considered too reckless. Hunt was struggling to find a place in professional racing after being dropped by the March F3 team.
Lord Hesketh then gave Hunt an opportunity by hiring him for an F3 race. Unfortunately, Hunt was involved in an incident almost immediately after the start. Despite this, Hesketh was deeply impressed by Hunt’s raw speed and saw something in him that others had overlooked. The two soon discovered that they shared a similar rebellious personality and a strong desire to do things their own way.
Harvey Postlethwaite and the Hesketh 308
Hesketh’s decision to build its own F1 car was crucial to the team’s development, the engineer responsible for the progress was Harvey Postlethwaite.
He became one of the most important figures in Hesketh’s story and later enjoyed a long and influential career in Formula 1. His career continued across several teams and projects, including Honda’s RA099, the prototype Formula 1 car developed for Honda’s planned entry into the sport in 2000.
However, for 1974, Hesketh built its own challenger, the Hesketh 308. This was a significant step for a team that had made its Formula 1 debut less than a year earlier. This time, Hesketh didn’t simply buy a chassis from another team; they designed and built their own Formula 1 car.
The car showed some potential during 1974, winning the non-championship International Trophy at Silverstone. It was very important for the team, because they simply didn’t look like newcomers in the paddock anymore. Hesketh Racing had become a serious racing operation.
Hesketh 1975 Dutch Grand Prix Victory
The moment that Hesketh Racing changed its place in Formula 1 history came at the 1975 Dutch Grand Prix at Zandvoort. At the time, many competitive teams and major manufacturers were in the sport, making it even more remarkable for a small privateer like Hesketh to fight at the front and win a Grand Prix.
Ferrari, for example, was the team to beat that year, while McLaren and Brabham could also fight at the front on occasion. But who really expected Hesketh to be up there with them?
Lauda started from pole position that day, with James Hunt starting third in the Hesketh 308. Hunt managed his race exceptionally well in the difficult conditions and stayed ahead of Lauda’s Ferrari to take Hesketh’s first and only Formula 1 victory. For a small operation like Hesketh at the time, defeating Ferrari in a Grand Prix was an extraordinary achievement, and it was their third year in F1.

Why Hesketh Could Not Continue at the Same Level
The problem behind it was that F1 was becoming more expensive, and Hesketh’s financial model was becoming difficult to sustain. Without sponsorship, many small teams struggled during the 1970s, while Lord Hesketh was funding the team largely from his personal wealth.
This was the reason Lord Hesketh could no longer continue developing the cars and funding the team. At the same time, while this approach gave Hesketh a unique identity, the reality was different: it also created a serious financial vulnerability.
Even success on the track could not automatically solve those financial problems. After the 1975 season, Lord Hesketh decided that he could no longer continue funding the team and developing cars capable of fighting at the front. His withdrawal effectively brought the original Hesketh operation to an end.
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James Hunt Leaves for McLaren
The loss of Lord Hesketh’s financial backing also triggered major changes within the team.
James Hunt was a driver that hardly anyone knew at the beginning, but Hesketh took a chance on him. Just three years later, McLaren, a team that was rising quickly in F1, signed the British driver for the 1976 season.
And what happened that season remains one of the most memorable seasons in F1 history. Hunt went on to win the 1976 World Drivers’ Championship after a famous title battle with Niki Lauda, creating one of the most dramatic championship fights the sport had ever seen.
Anthony “Bubbles” Horsley Tries to Save Hesketh
Hesketh didn’t disappear after Lord Hesketh withdrew. Anthony Horsley attempted to keep the team alive and continue in F1. But the financial strcutre had to change.
The famous no sponsorship philosophy was no longer practical, Hesketh began accepting commercial backing. And the team also relied on drivers who brought financial support.
Among the drivers connected with the later Hesketh operation was Alan Jones, who eventually become F1 champion with Williams in 1980, adding another future champion to the team’s history.
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The End of Hesketh Racing
Hesketh Racing’s F1 story finally came to an end in 1978, the collapse wasn’t caused by a single failure. It was the result of several changes occurring at the same time.
The original financial model depended heavily on Lord Hesketh’s personal fortune, once that funding ended, the team had to find sponsors, and at the same time, the departure of James Hunt and Harvey Postlethwaite removed two of the central figures responsible for Hesketh’s competitive success, and F1 itself was also changing, manufacturer involvement was increasing, sponsorship was becoming more important and technical development was becoming progressively more sophisticated and expensive.
The Hesketh approach that had worked so brilliantly in the mid-1970s was becoming harder to sustain, so by 1978, the famous teddy bear-emblazoned cars were no longer a serious threat at the front of the F1 field, and the team eventually closed its operation.
FEATURED IMAGE CREDITS: Photo by Gillfoto (Juneau, Alaska, United States), James Hunt in Hesketh March 308, Brands Hatch, 1974. Licensed under CC BY-SA 3.0. – Wikimedia Commons
