Trident was formed rapidly in 2006 to take up one of the available GP2 entry slots for that season. GP2 organiser Bruno Michel, in announcing the team's acceptance, cited the proposal's promise of "strong sporting and engineering excellence." For its debut season, Trident fielded former Formula One driver Gianmaria Bruni alongside rookie Andreas Zuber. Bruni delivered two race wins, three pole positions, and two fastest laps; Zuber added a further victory. The team finished sixth in the teams' championship in its inaugural year — a competitive result against more established opposition.
In 2007 Trident signed Pastor Maldonado from Venezuela and Kohei Hirate from Japan. Maldonado claimed pole position and a race win at Monaco before a training injury sidelined him for the final eight races of the season. Despite his absence the Venezuelan still finished eleventh in the drivers' standings.
The 2008 season brought Mike Conway and Ho-Pin Tung, who delivered a notable one-two finish at the Monaco sprint race. Subsequent seasons saw the team fluctuate between mid-field and the lower reaches of the teams' championship as it worked through a series of driver line-ups.
Trident also competed in the GP2 Asia Series from its inception in 2008 through to its cancellation in 2011. The truncated 2011 Asia Series edition proved the team's strongest in that championship, with Stefano Coletti finishing fourth in the drivers' standings.
Trident's profile rose significantly in 2011 when Stefano Coletti won two GP2 races en route to eleventh in the drivers' championship, before a back injury at Spa-Francorchamps ruled him out of the finale. The team's performances improved further in subsequent years as it established itself as a consistent midfield competitor.
In 2015 and 2016 the team fielded Ferrari Driver Academy graduate Raffaele Marciello alongside René Binder, and later Philo Paz Armand and Luca Ghiotto. Ghiotto scored a victory at the Malaysian sprint race in 2016.
Trident joined the GP3 Series in 2012 as a replacement for the departing Barwa Addax team. Early seasons were difficult, but performances from Luca Ghiotto in 2015 and Antonio Fuoco in 2016 lifted the team to second and third in the respective constructors' championships.
When GP3 was replaced by the FIA Formula 3 Championship in 2019, Trident was among the ten founding teams. Pedro Piquet provided the highlight with a race win at Spa in the inaugural season. The team's FIA F3 programme subsequently became its most successful: in 2021, drivers Jack Doohan, Clément Novalak, and David Schumacher delivered the team's first FIA F3 Teams' Championship. More remarkably, Trident then won three consecutive FIA F3 drivers' titles — Gabriel Bortoleto in 2023, Leonardo Fornaroli in 2024, and Rafael Câmara in 2025 — establishing the team as a dominant force in the category.
Trident's FIA Formula 2 results were more variable. The team transitioned into the rebranded series in 2017 and worked through various line-ups including Haas test drivers Arjun Maini and Santino Ferrucci in 2018. Roy Nissany joined as a Williams development driver in 2020, with his best result an eighth-place finish at Spa.
In 2021, Bent Viscaal delivered a second-place finish at the Monza sprint race, the team's best F2 result at that point. The following year Richard Verschoor took Trident's first FIA Formula 2 feature race victory at the 2022 season opener.
In June 2025, Trident announced plans to enter the Italian Formula 4 Championship from the 2026 season, marking the team's first venture into the Formula 4 category and extending its already broad footprint across European junior single-seater racing.