Gravett's first competitive discipline was motocross, which he began at age twelve and in which he excelled quickly enough to claim the British motocross championship by the age of fifteen. In his early twenties he made the transition to four-wheeled racing, beginning car competition in 1978 and eventually finding his way into the British Touring Car Championship in 1987.
Gravett entered the British Touring Car Championship in 1987. That same year he co-drove with Graham Hathaway to win the Willhire 24 Hour race. He competed in the Bathurst 1000 on four separate occasions during this period, with his best result being an eighth-place finish in 1989.
Gravett co-founded Trakstar Motorsport in 1989 with Mike Smith. In that first season he finished second in the Ford Sierra RS500 class, behind Andy Rouse. The 1990 season brought greater success: Gravett won nine races in the single Trakstar RS500 and claimed the British Touring Car Championship outright, despite operating without permanent major sponsorship for much of the campaign. He was aided significantly by the Yokohama tyres his team ran — more durable than the Dunlop rubber used by most rivals. Gravett became the only driver to win the overall BTCC title in a Sierra RS500, a notable distinction given the car's performance relative to the opposition.
During 1990 Gravett also made two starts in the Deutsche Tourenwagen Meisterschaft, though he did not score points. Trakstar additionally built the Honda Civic run under the PG Tips Racing banner for Ray Armes that season.
The 1991 season was more difficult. Trakstar secured manufacturer support from Ford to run Sierra Sapphires with Shell Oil sponsorship and Mountune-prepared engines, but the car arrived late, was underpowered, and struggled throughout the year. Development was hampered by a lack of investment from Ford in the car's technical progress. By the end of the season, unable to find a title sponsor, the team went into administration. Ford withdrew from the BTCC in 1992 before returning in 1993 with Andy Rouse Engineering.
Gravett joined the factory Peugeot squad for 1992 and 1993, driving the 405. The car required significant development work and Peugeot never challenged seriously for the BTCC crown, partly due to budget constraints. Gravett nonetheless came close to winning the TOCA challenge at the end of 1992 and matched Peugeot's best-ever BTCC result with a second-place finish at Brands Hatch in 1993. He had no drive in 1994 and returned in 1995 as an independent.
As an independent competitor in the later 1990s Gravett remained competitive, including a third-place overall finish at Snetterton — his best result as a privateer. In 1997 he won the Total-sponsored Independent BTCC Championship driving a Graham Hathaway-prepared Honda Accord. His final full season of BTCC racing saw him drive for Brookes Motorsport; he finished second in the Independents' Cup and partnered his team boss at that year's Bathurst 1000, failing to finish. He was reported to be considering a BTCC comeback in 2014 but ultimately did not return.
After retiring from racing, Gravett founded Ultimate Car Control UK Ltd, a driver safety programme with its main office at Crowthorne in Berkshire and regional centres across the country. He also became a Director of Brand Synergy, a consortium aiming to preserve the British Grand Prix. His son has embarked on a motorsport career of his own, competing in the BARC Sax Max Championship.
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