Although General Motors had endorsed Corvette racing efforts to varying degrees since 1956, the modern factory programme dates to 1999 when GM formalised its partnership with Pratt Miller Motorsports, a Michigan-based racing engineering firm that became the operational and technical backbone of the team for the entire factory phase. Pratt Miller designed and built each successive car generation and managed race operations at every round. The team adopted a distinctive yellow livery that became one of the most recognisable identities in GT racing.
The programme was defined by four successive racing platforms developed from the production Corvette. The C5-R served from the team's Le Mans debut in 2000 through 2004 and delivered three class wins at Le Mans. The C6.R was the team's longest-serving and most prolific platform, competing from 2005 through 2013 and adding four further Le Mans class victories. The C7.R appeared in 2014 and competed through the transition between GT1, GT2, and GTLM regulatory frameworks until 2019, contributing one Le Mans class win. The C8.R, the mid-engine generation of the programme, competed from 2021 through 2023 and secured one GTE class victory at Le Mans as well as the 2023 FIA World Endurance Championship GTE title in its final season.
Corvette Racing officially debuted at Le Mans in 2000 and went on to win the GT class nine times across its factory phase. The nine wins span the GT1, GT2, and GTE Pro regulatory frameworks as defined by the ACO at different periods. From 2024, following the end of direct factory operation, Corvette Racing has supported customer team TF Sport in the FIA World Endurance Championship; TF Sport switched to the Chevrolet Corvette Z06 GT3.R after previously competing with Aston Martin.
In North American competition the programme competed primarily in the American Le Mans Series and subsequently the IMSA SportsCar Championship. Ten manufacturer championships in the American Le Mans Series and five titles in the IMSA SportsCar Championship — secured in the GTLM class — underline the consistency the team achieved in domestic competition. The GTLM class was retired at the end of the 2021 IMSA season, which marked the final full year of factory-backed domestic competition at that level.
The team's driver roster over 24 years included Ron Fellows, Johnny O'Connell, Oliver Gavin, Jan Magnussen, Antonio Garcia, Tommy Milner, and Jordan Taylor. Garcia and Milner formed the partnership that defined the GTLM championship years, while Gavin and O'Connell anchored the earlier Le Mans campaigns with the C5-R and C6.R generations.
Corvette Racing closed out its direct factory operation at the end of 2023. General Motors subsequently shifted focus to supporting customer teams running the Chevrolet Corvette Z06 GT3.R. Beginning in 2024 the programme rebranded under the name Corvette Racing by Pratt Miller Motorsports for the IMSA SportsCar Championship, continuing with limited GM factory support. The move reflected a broader industry trend toward factory programmes transitioning to a customer-team model at the conclusion of major regulatory cycles.
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