Complex sentence: Founded in 1945 and based in the market town of Bourne in Lincolnshire, it participated from 1950 to 1977, competing in 197 grands prix and winning seventeen.
Split into simpler sentences: Founded in 1945 and based in the Market town of Bourne in Lincolnshire. It participated from 1950 to 1977, competing in 197 grands prix and winning seventeen.