Roelof Waninge, owner of a Dutch network of commercial vehicle dealerships and workshops headquartered in Assen, entered motorcycle racing in 1993 as a personal sponsor of Dutch rider Jarno Janssen. Janssen would later become the team's principal after retiring from riding. In 2011, the long-standing Dutch 125cc and 250cc team owned by Arie Molenaar fell into financial trouble, prompting Waninge to purchase the remaining assets and rename the operation RW Racing GP.
The team entered the 125cc World Championship in 2011, taking over the Molenaar programme with Aprilia machinery and retaining Spanish rider Luis Salom. When the 125cc class was replaced by the four-stroke Moto3 regulations in 2012, the team switched to Kalex-KTM machines. Salom impressed in his debut Moto3 season, finishing second in the championship with two wins and eight podiums. South African Brad Binder also joined the roster that year.
Jarno Janssen, who had remained with the organisation in various technical roles following his retirement from racing, was appointed general team manager in 2013. The 2014 season proved the team's most difficult in the small class, with both riders Scott Deroue and Ana Carrasco failing to score a single point. A significant restructure followed for 2015, with the team switching to Honda machinery and reducing to a single rider, Livio Loi. Loi secured a victory at Indianapolis that season but managed only one other top-ten finish, a fifth place at Silverstone. The 2016 season brought similar results as Loi continued with the team on Honda hardware.
In 2017 RW Racing GP stepped up to the Moto2 World Championship with Spanish rider Axel Pons aboard a Kalex. The following year the team formed a partnership with Japanese chassis manufacturer NTS, becoming the sole operators of the NTS frame after the constructor had shown quick initial results in the CEV Moto2 European Championship. The team expanded to two riders for the 2018 season.
The challenge of the full World Championship proved far harder than the European series. RW Racing GP with NTS finished 16th of 18 teams in 2018, 15th of 18 in 2019, and 14th of 15 teams in 2020 with just 22 championship points. For 2021 the team signed former Tech 3 MotoGP rider Hafizh Syahrin alongside young Belgian rookie Barry Baltus. The pair scored only 11 points combined and the team finished last among all teams in the championship.
After four difficult seasons with NTS, the team ended the partnership for 2022 and returned to the series-dominant Kalex machinery. Barry Baltus was retained, now paired with 16-year-old Dutch talent Zonta van den Goorbergh. Fieten Olie became the team's main sponsor from 2023 onward.
RW Racing GP represents a persistently competitive independent Dutch presence in the Grand Prix paddock. Roelof Waninge's transition from personal sponsor to team owner, and the team's willingness to support a Japanese chassis manufacturer in an attempt to diversify the grid, speaks to the team's ambition beyond straightforward privateer operation. While the NTS chapter ended without significant results, the team's Moto3 years — particularly Salom's runner-up campaign and early development of riders like Brad Binder — highlight a genuine talent-development track record.