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About Us

Formula Challenge was created by Craig Greenwood.


Craig has been involved in a motor racing in New Zealand for over 20 years. In that time he has transformed a hobby into a business based in Taupo. As an amateur competitor in Formula First he started designing and building his own race cars. It wasn't long before his design was winning at National level and soon other people were eager to purchase Challenge Formula Firsts.


He has built over 23 Formula Firsts, most of which are still competing at national level. Challenge designed Formula First race cars have won the national championships for consecutive four years, with Craig taking the National Championship title in 1997, proving that not only can he design and build top cars, but he also understands what a driver requires from a car.


In recognition of Craig's Kiwi ingenuity and excellence in engineering, he was selected for the prestigious John Britten Memorial Award in 1996, in conjunction with the New Zealand Motorsport Person of the Year Awards. In early 1999 Craig began designing and building Formula Challenge as a new type of racing car. Primarily this was to introduce a class of car to New Zealand which was both competitive and affordable, but most importantly gave the impression that you were driving an F1 car.


He has now manufactured a total of 14 cars to allow people to experience the thrill of being driven in a single seater racing car. The cars were the base for the successful Formula Challenge TV series which was introduced to New Zealand Motorsport enthusiasts in 2002 and continued yearly through to 2005.


Formula Challenge operates from Taupo International Motorsport Park in Taupo . With the improved facilities at Taupo International Motorsport Park , Formula Challenge is now on call and available whenever the circuits are available. Formula Challenge is also an approved motorsport school for both new and experienced drivers using single seaters race cars and V8 race cars.

In 2019, Formula Challenge Racing and Taupo Karts won the award for Excellence in Innovation at the Great Lake Taupo Business Awards and have continued to build a great reputation for good business in New Zealand! Check out our reviews page to see what our customers are saying about Formula Challenge!