Description AIX Racing is an Emirati-German auto racing team currently competing in the FIA Formula 2 Championship and the FIA Formula 3 Championship. It previously competed under a German license in 2024. It started racing in 2024 after acquiring PHM Racing's Formula 2 and Formula 3 teams.
AIX Racing was formed from PHM Racing's Formula 2 and Formula 3 teams. In 2023, PHM had announced a new sponsorship deal with the Dubai-based AIX Investment Group that would see the team renamed PHM AIX Racing for 2024. AIX later completed acquisition of the F2 and F3 structures in May 2024 and would compete as AIX Racing from the Imola rounds of the F2 and F3 championships.