The ambitious Litespeed F3 operation was sporting a new name on its lone British championship cat at Silverstone last weekend and, despite results not going its way, is confident that, together with BGC Partners, it can continue to make waves in the competitive category.

The inter-dealer broker's logo appeared on the front wing of Jonathan Legris' SLC R1 chassis as the Briton made a second appearance in his national championship with the Litespeed team, but there was to be no repeat of his heroics at Brands Hatch as, although he again showed his place-making potential, the Spanish F3 frontrunner was restricted to a fifth and a DNF.

"To set up a new team in the extremely competitive British F3 Championship takes real guts and resolve," BGC director of client services James Turner commented, "But to do that and achieve the results that Litespeed has, in such a short time-frame, is remarkable. BGC is delighted to support Litespeed and we wish them every success in the future."

With no prior testing at Silverstone, Legris and Litespeed were always facing an difficult weekend but, once again, the determination and professionalism of the team shone through.

Undaunted by the position it found itself in after qualifying, the team sent Legris out for race one safe in the knowledge that the SLC R1's aerodynamics - and the driver's passing ability - gave it the speed to race competitively. In just two laps, Legris proved the point, overtaking seven drivers, before being forced off the track.

Facing the possibility of under-carriage damage after the car had taken off in the shunt, technical director Steve Kenchington remained unfazed, and Legris was returned to the track in time for race two, where he took fifth place in the competitive national class.

"We are thrilled to have BGC on board with us," team MD Nino Judge said after Litespeed's first weekend with its new backer, "BGC's position in the market marries perfectly with the Litespeed brand values and we look forward to a long and extremely successful union."

The team will not be racing in the next British F3 round in Bucharest, but will back on the track for the season finale at Donington Park.