Simplify the following text for a Grade 8 native English-speaking person.
Original: Car preparation and racing operations is run from its headquarters in Dinnington , South Yorkshire , while Wirth Research designed , developed and built the VR-01 from its base in Bicester , before announcing a relocation to new , larger premises in Banbury , Oxfordshire in July .
Simplified: Race car preparation and racing operations will be run from its headquarters in Dinnington , South Yorkshire . Wirth Research will design , develop and build the cars from its base in Bicester .