Paidrive GP

Paidrive GP was a constructor of the Formula 1 series and took over the insolvent backmarker HRT Racing Team. After winning multiple driver and constructor championships with team manager Keskor it got taken over by Koenigsegg to form Koenigsegg-Paidrive.

In 2012 HRT was going insolvent and the automobile renting company used this opportunity and bought the team with 2 races to go and tested new drivers. In the next year Paidrive GP run Mercedes engines, however massive reliability problems prevented further step forwards, so Keskor left the highly rated Mercedes engine to switch to the Alfa Romeo engine.

The biggest controversy was the "Buttongate", in which the Button didnt finish a race in the first 2 GPs for his previous team and was switched with the higher placed Alguersuari. This was a massive development boost for Paidrive GP.

After winning 2 WDCs and WCCs with Alfa Romeo engines, Alfa Romeo didn't want to deliver new engines to the probably best team on the grid as it's own factory team was strong enough to fight for the title itself. This was an issue as the Alfa Romeo engine was one of the most powerful engines on the grid.

However a switch to BMW engines was made, and lots of wins followed on this despite the slightly weaker engine. For personal reasons Keskor decided to leave the Formula 1 series and therefore Paidrive GP was looking for a new manager. The BMW team led by Damian rebranded to Koenigsegg and decided to merge with Paidrive GP to run under it's new name Paidrive - Koenigsegg.