Formula BMW features mini-F1 cars complete with wings and slick racing tyres powered by a 140 bhp engine from the BMW K 1200 RS motorcycle. The UK race series will be backed by BMW UK and BMW Motorsport in Germany.
The 2004 Formula BMW UK Championship will take place over 10 race weekends with each meeting featuring two Formula BMW races to create a 20-round series. All fixtures will be held in conjunction with the British Touring Car Championship.
BMW UK will be offering a package of scholarships, driver education, coaching and prize money, and hopes that the 2004 Formula BMW UK Championship will be open to all those aged between 15 and 25 on 1 January, 2004 providing they hold the appropriate grade of competition licence. BMW UK is currently seeking special dispensation from the Motor Sports Association, the governing body of motor sport in UK, for 15-year-olds to compete in a British single-seater championship for the first time in UK motor sport history.
BMW UK is backing five selected under-18 drivers with scholarships each worth £35,000. The beneficiaries will be selected during a two-stage evaluation course being run at the Formula BMW Racing Centre at Valencia, Spain.