The SIC Racing Team project took its first steps in 2010 with the support of the Sepang International Circuit, a track that has been part of the MotoGP World Championship calendar since 1999. The facility was created with the aim of promoting young Malaysian drivers and giving them a platform to develop their full potential.

The SIC Racing Team has been present in various championships such as the FIM CEV and the MotoGP World Championship (in the 125cc and Moto3 classes), with three podiums in Moto3 between 2015 and 2016 as results of particular importance. The Malaysian facility took another step forward with the move to the Moto2 World Championship in the 2018 season.

The SIC Racing Team's structure expanded in 2019, joining the MotoGP World Championship as a Yamaha satellite team and giving Malaysia a premier-class team for the first time in history.

The nine-time world champion Grand Prix and one of the greatest drivers of motorcycle racing, Valentino Rossi, will join the team in 2021, with Franco Morbidelli. The Petronas Yamaha SRT team has already shown tremendous progress since their MotoGP debut and is aiming for even greater success in 2021.