The series was plagued by low car counts; no more than 6 cars contested races in the inaugural season. In 2001, fields were bolstered by Formula Ford, Formula Continental, and even Sports 2000 and historic Formula 5000 cars, as no race had more than 3 Formula Three cars on the grid. 14 of the series' 19 races were won by Brazilian driver Luciano Gomide. A 2002 season was planned with 13 races, including a doubleheader supporting the 2002 United States Grand Prix, but was ultimately cancelled.