For the 2012 season, Pescarolo announced that it would race a new car in the World Endurance Championship based upon the ill-fated Aston Martin AMR-One project. The new car would be designated the Pescarolo 03 and built around the tub of the AMR-One, of which they took delivery of 2. The car was entered in the 2012 24 Hours of Le Mans race in the LMP1 class as the #16 Pescarolo 03, but retired within the first two hours of the race due to mechanical issues.