Complex sentence: The company was founded in 1975 by Mike Pilbeam, who had previously worked in Formula One for several teams, having latterly been Chief Designer for BRM (also based in Bourne), producing the P201.
Split into simpler sentences: The company was founded in 1975 by Mike Pilbeam. Previously Pilbeam worked in Formula One for several teams, having latterly been Chief Designer for BRM (also based in Bourne), producing the P201.