Formula 2: 2026 Team Preview – Hitech TGR

Hitech Grand Prix was founded at the end of 2015 as a joint venture between Oliver Oakes and Dmitry Mazepin, making its competitive debut the following year with an ambitious three-car entry in the FIA Formula 3 European Championship.

That bold introduction set the tone for a rapid rise through the single-seater ranks.A major milestone came in early 2021 when Oakes assumed full ownership of the team, providing long-term stability and clear leadership.

Hitech’s growth continued in 2025 through a strategic partnership with Toyota Gazoo Racing, aligning the squad with one of motorsport’s most successful global manufacturers and strengthening its technical and developmental ambitions.

Later that year, businessman Liu Guo Cai acquired full ownership of Hitech Grand Prix Limited, opening another chapter in the team’s expansion plans. Oakes remains Team Principal, ensuring continuity as Hitech looks to broaden its championship presence and build on a decade of steady progress.

2026 Driver Line-Up Announced

Hitech have achieved arguably the biggest signing in recent Formula 2 memory with the arrival of Colton Herta alongside Ritomo Miyata.

Miyata Joins Hitech TGR for 2026

Ritomo Miyata will race for Hitech TGR in FIA Formula 2 in 2026, continuing his European single-seater journey after a decorated career in Japan. The Japanese driver made his F2 debut in 2024 with Rodin Motorsport following a remarkable 2023 season in which he claimed both the Super Formula and Super GT GT500 titles. He finished 19th in his rookie F2 campaign before moving to ART Grand Prix in 2025, ending that season 17th overall.

A multiple-time champion across Japanese F4, Super Formula Lights, Super Formula and Super GT, Miyata now looks to unlock his full potential in F2 with Hitech and Toyota backing.

RACING RECORD

2025 FIA Formula 2 Championship (ART Grand Prix) – 17th

2024 FIA Formula 2 Championship (Rodin Motorsport) – 19th European Le Mans Series, LMP2 – 3rd 24 Hours of Le Mans, LMP2 class – 12th FIA World Endurance Championship, LMGT3 – 31st IMSA WeatherTech SportsCar Championship, GTD – 65th

2023 Super Formula – Champion FIA Endurance Trophy for LMGTE Am Drivers – 21st Super GT Japan, GT500 – Champion

2022 Super Formula – 4th Super GT Japan, GT500 – 6th

2021 Super Formula – 10th Super GT Japan, GT500 – 11th

2020 Super Formula – 17th Super Formula Lights – Champion Super GT Japan, GT500 – 17th

2019 World Touring Car Cup Super GT Japan, GT500 Super GT Japan, GT300 – 12th Japanese Formula 3 Championship – 2nd

2018 Japanese Formula 3 Championship – 2nd Formula 3 Macau Grand Prix, FIA F3 World Cup – 13th Super GT Series, GT300 – 15th

2017 Formula 3 Macau Grand Prix, FIA F3 World Cup – 12th F4 Japanese Championship Certified by FIA – Champion Japanese Formula 3 Championship – 4th Super GT Series, GT300 – 15th

2016 F4 Japanese Championship Certified by FIA – Champion

2015 F4 Japanese Championship – 15th

Herta Returns to Europe

Colton Herta will also line up for Hitech in 2026, marking a return to Europe for the American star as he embarks on his rookie FIA Formula 2 season. Herta, who became IndyCar’s youngest-ever race winner at 18, enjoyed early experience in European junior categories before forging a successful career in the United States.

After finishing third in IndyCar in 2020 and runner-up in 2024, Herta adds F2 to his programme alongside his role as a Test Driver for the Cadillac Formula 1 Team, bringing top-level experience and race-winning pedigree to Hitech’s 2026 line-up.

RACING RECORD

2025 IndyCar Series – 6th IMSA SportsCar Championship, LMP2 – 47th

2024 IndyCar Series – 2nd IMSA SportsCar Championship, GTP – 18th

2023 IndyCar Series – 10th IMSA SportsCar Championship, GTP – 24th

2022 IndyCar Series – 10th IMSA SportsCar Championship, LMP2 McLaren F1 Team Test Driver

2021 IndyCar Series – 5th IMSA SportsCar Championship, GTD – 50th

2020 IndyCar Series – 3rd IMSA SportsCar Championship, GTLM – 9th 24 Hours of Daytona – 5th

2019 IndyCar Series – 7th IMSA SportsCar Championship, GTLM – 14th

2018 IndyCar Series – 37th (1 Race) Indy Lights – 2nd IMSA SportsCar Championship, GTLM

2017 Indy Lights – 3rd

2016 Masters of Formula 3, Zandvoort – 13th Euroformula Open Championship – 3rd BRDC British Formula 3 Championship – 19th Spanish Formula 3 Championship – 2nd

2015 MSA Formula Championship – 3rd

2014 GRC Lites – 15th AsiaCup Series – 8th U.S. F2000 National Championship – 15th

2013 Pacific Formula F1600 – Champion SBF2000 Summer Series – 2nd

2012/13 SBF2000 Winter Series – 6th

2010-14 Karting

Up next: Campos Racing

From F1 news to tech, history to opinions, F1 Chronicle has a free Substack. To deliver the stories you want straight to your inbox, click here.

For more F1 news and videos, follow us on Microsoft Start.

New to Formula 1? Check out our Glossary of F1 Terms, and our Beginners Guide to Formula 1 to fast-track your F1 knowledge.

More F1 Reading

• Colton Herta Finally Earns His Super License by Covering 1-Point Deficit at Brazilian GP FP1
• Will Rafael Camara Simultaneously Race in F2 To Defend His Lead After Replacing Esteban Ocon at Haas F1?
• Colton Herta makes F2 decision after difficult season amid F1 ambitions
• Lando Norris launches LN4 Fusion junior team and driver development programme

Written by

James Rees

A passionate motorsport journalist from Wales, with over 30 years of love for the sport. A dedicated father of three, working as a content manager, covering the fast-paced world of Formula 1, Formula 2, Formula 3, Formula E, and IndyCar.

More articles by James Rees →