- RAM Racing was the brainchild of John Macdonald, a popular driver and motorcycle racer who established his career in Hong Kong in the 1960s and early 1970s. The king of the Macau Grand Prix from 1965 to 1975, Macdonald teamed with Mike Ralph in 1975 to form RAM Racing. The team's inaugural season was 1976 when it entered Macdonald in Britain's Formula Three races and another racer, Alan Jones, in the Formula 5000 in North America.
- By the end of the 1976 season the team had acquired two Brabham BT44B Formula One autos, as well as two drivers in the Spanish Grand Prix and an entrance into that year's World Championship. Though the team frequently did not qualify in its first season, it featured prominent drivers Patrick Neve, Damien Magee, and Bob Evans. For much of the early seasons of the RAM Racing team, its drivers drove cars from other manufacturers, most notably from March Engineering.
- The team's first major success came in 1977 with a second place finish by Guy Edwards in Britain's Shellsport Group 8 Championship. Edwards would go on to finish fourth in overall standings in 1977 and would earn another impressive finish of fifth in 1978. The team would switch to the British Formula One series in 1978, and would continue their minor successes with a string of new "rent-a-cars," as well as plans for their own cars in the near future.
- In 1981, the RAM Racing team combined with March Engineering to exclusively run March cars in Formula One races. With Eliseo Salazar and Derek Daly the team again floundered. Its highest finish in 1982 was seventh at the less than prestigious British Grand Prix. The team again ended with a disappointing finish in 1983 and looked beyond March Engineering to their own new manufacturing department.
- Racing its own manufactured cars throughout 1984 and 1985, the team was again known for its disappointing finishes and frequent crashes. With not enough advertising and few marquee drivers interested in RAM Racing, the team ran out of funds and had to disband the team for the 1986 season. A team that began with high hopes and intentions, it was muddled by average drivers and low funds, and would never reemerge after folding at the end of the 1985 season.
