Towards the end of 1972, Nichols announced that he was entering his team into Formula One with UOP sponsored cars designed by Tony Southgate, who had designed the BRM that gave Jean-Pierre Beltoise victory at the Monaco Grand Prix the previous year.
Cara ao final de 1972, Nichols anunciou que entraría co seu equipo na Fórmula 1 co patrocinio de UOP e os coches deseñados por, Tony Southgate, quen deseñara o BRM que deu a Jean-Pierre Beltoise a vitoria no Gran Premio de Mónaco do ano anterior.