Token Racing was a short-lived Formula One team and constructor from the United Kingdom, entering four Grands Prix of the 1974 Formula One season. They qualified three times and scored no championship points.
History
thumb|Token RJ02., Goodwood Members' Meeting 2015
Token's history effectively began in 1971. Ron Dennis was trying to find sponsorship for his Rondel Racing team. Through Ron's then-girlfriend, who was the daughter of John Phelps, director of Phelps Antique Furniture in Twickenham, one of its regular customers, Tony Vlassopulos, a barrister son of a Greek shipowner, was asked to sponsor Rondel.
Vlassopulos asked his friend, Ken Grob, chairman of Alexander Howden, insurance brokers in London, if he was interested in joining in. Grob said yes, on the proviso that his young son Ian Grob could be part of the team, which was agreed upon. From that moment forward, Tony Vlassopulos became Dennis's first sponsor.
In late 1973 Rondel Racing, by now a successful Formula Two team founded by Dennis and Neil Trundle, decided to enter F1. Dennis asked Ray Jessop to design the car, while backing was to come from the French oil company Motul, which had sponsored the team for the previous two years, in addition to Vlassopulos and Grob. For 1974, a Ray Jessop-designed F1 car was planned, but the energy crisis affected Motul's support. However, the funds were, in fact, not available to support a F1 leap, even with Motul involved. Trundle continued with the already-designed car from Jessop; Vlassopulos and Grob took over the ownership, with the car becoming the Token, the "To" and the "Ken" coming from the backers' first names and the RJ02 in honour of Jessop.