Piquet Racing was a short-lived British

United Kingdom

The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...

 Formula 3000 racing

Auto racing

Auto racing is a motorsport involving the racing of cars for competition. It is one of the world's most watched televised sports.-The beginning of racing:...

 team set up in 1992 by Brazil

Brazil

Brazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people...

ian Formula One

Formula One

Formula One, also known as Formula 1 or F1 and referred to officially as the FIA Formula One World Championship, is the highest class of single seater auto racing sanctioned by the Fédération Internationale de l'Automobile . The "formula" designation in the name refers to a set of rules with which...

 world champion Nelson Piquet

Nelson Piquet

Nelson Piquet Souto Maior , known as Nelson Piquet, is a Brazilian former racing driver. He was Formula One world champion in , and . He is one of eight drivers to win three or more world championships, the others being Jack Brabham, Jackie Stewart, Niki Lauda, Ayrton Senna , Alain Prost , Juan...

 and Nigel Stepney

Nigel Stepney

Nigel Stepney is a British-born former Formula One mechanic. He started in Formula One as a mechanic at Shadow in 1977, then followed Elio de Angelis to Lotus before moving to Benetton for the late 1980s and early 90s and then to Ferrari with Michael Schumacher, Rory Byrne and Ross Brawn...

.

The team entered a single car for Olivier Beretta

Olivier Beretta

Olivier Beretta is a racing driver from Monaco who raced in Formula One in 1994 for the Larrousse team, partnering Érik Comas. He participated in 10 grands prix, debuting on March 27, 1994. He scored no championship points, and was replaced when his sponsorship money ran out...

, a young Monegasque

Monaco

Monaco , officially the Principality of Monaco , is a sovereign city state on the French Riviera. It is bordered on three sides by its neighbour, France, and its centre is about from Italy. Its area is with a population of 35,986 as of 2011 and is the most densely populated country in the...

 friend of Piquet, in the 1992 Formula 3000 season

1992 Formula 3000 season

The 1992 Formula 3000 International Championship was the eighth season of Formula 3000 in Europe. Luca Badoer won the ten-round championship.-Technical changes:...

. The season was without much success, though, as Beretta failed to score any points, and third on the grid at the Spa-Francorchamps round was the highlight of the season. The team did not return for 1993, as Beretta had moved to Formula One

Formula One

Formula One, also known as Formula 1 or F1 and referred to officially as the FIA Formula One World Championship, is the highest class of single seater auto racing sanctioned by the Fédération Internationale de l'Automobile . The "formula" designation in the name refers to a set of rules with which...

as a pay driver.