The team began as a collaboration between Adrián Campos of Campos Racing and Enrique Rodríguez of Meta Image, under the name of Campos Meta. Campos Racing currently runs a team in the European F3 Open Championship. They also used to run the GP2 Series team now known as Addax Team. Campos was running the Formula One operation in conjunction with Meta Image. Meta Image is a Madrid-based sports agency, who managed one of Campos' F3 Open drivers, Bruno Méndez. Campos and Rodríguez began looking at the possibility of creating Spain's first Formula One team in February 2009. In March, the team gained shareholders (investors) such as Spanish businessman José Ramón Carabante and basketball players Pau Gasol and Jorge Garbajosa.