PHM Racing enters F2 and F3 with Charouz
PHM Racing will compete in Formula 2 and Formula 3, taking over the assets of Charouz Racing.

The recent German team present in F4 (Italy, Germany, Emirates) PHM Racing, will take over the assets of Charouz Racing for Formula 2 and Formula 3 starting in 2023.
The future team will be called PHM racing By Charouz. They will hit the track for the first time during the pre-season tests on February 14th, 15th, and 16th, 2023 in Bahrain.
BREAKING: PHM Racing to take over Charouz's @Formula2 and @FIAFormula3 entries from 2023, becoming PHM Racing by Charouz#F2 #F3 @PhmRacing @CharouzSystem pic.twitter.com/09JcQ25lKH
— Formula 2 (@Formula2) November 28, 2022
Here are the statements from owner Paul H Muller (PHM Racing): « Joining Formula 3 and Formula 2 is the next step in our evolution as a comprehensive development program for young driver talents. We are thrilled to offer drivers a team that can take them from karting to the doors of Formula 1.