Stadoceste Tarbais no relation Jacky Lorenzetti
Racing contested the 1900 season final against the Stade Bordelais club, as provincial clubs had been allowed to compete in 1899. Racing easily won the match, defeating Stade Bordelais 37–7. The two clubs would meet again in the 1902 championship game, where Racing would again win, 6–0. A decade passed until Racing Club made another championship final, which would be on 31 March 1912, where they would play Toulouse in Toulouse. They lost the match 8–6.
Due to World War I the French championship was replaced with a competition called the Coupe de l'Espérance. The Racing Club won the competition in 1918, defeating FC Grenoble 22 points to 9. Normal competition resumed for the 1920 season. That season the Racing Club made their first final since 1912, though they lost 8 to 3 to Stadoceste Tarbais, a club from the Pyrénées.
After the 1920 season, the Racing Club would not win any championships for a number of years. In 1931 they created the Challenge Yves du Manoir competition. In the 1950s the club had some success, making their first championship final in 30 years, losing to Castres Olympique, 11 points to 8, becoming runners-up in the Challenge Yves du Manoir and winning the Challenge Rutherford in the 1952 season. After losing the 1957 final to FC Lourdes, the club then won the championship in the 1959 season, defeating Mont-de-Marsan 8 points to 3.
The Racing Club would next play in the championship final in the 1987 season, where they met Toulon at Parc des Princes in Paris. Toulon won the match 15 points to 12. Three seasons later the Racing Club defeated Agen 22 to 12 in Paris, capturing their first title since the 1959 season.
But in the wake of the 1990 title, Racing Club had a hard time adapting to the professional era and started to decline, until they were relegated to Division 2 at the end of the 1995–96 season. They jumped back to the top tier in 1998 but went down again in 2000 and played in Division 2 for most of the next decade. In 2001 the rugby section split off from the general sports club to merge with the rugby section of US Métro, the Paris public transport sports club, to form the current professional concern, known as Racing Métro 92. Both Racing Club de France and US Métro retained their other amateur general sports sections.
Racing 92's president is Jacky Lorenzetti, who heads a giant real estate company called Foncia. When Lorenzetti took over in 2006, the board set goals of bringing Racing into the Top 14 within the next two years and into the Heineken Cup by 2011. They missed their Top 14 goal by one year, not entering the top flight until 2009, but achieved their Heineken Cup goal by qualifying for the 2010–11 edition.
After 2003 the Challenge Yves du Manoir has been taken over by Racing Club as a youth competition for under 15s clubs. Racing Club de France provided 76 players to the national team, including 12 captains. It is second only to Stade Toulousain (almost 100) in that category. Three Racingmen  played in France's first international match against the All Blacks on 1 January 1906. Laurent Cabannes, a France flanker, also played for Harlequins.
At the end of the 2014–15 season, the team's name was shortened from Racing Métro 92 to simply Racing 92.
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