It was formed during 1974 by racing driver Wilson Fittipaldi and his younger brother, double world champion Emerson, with money from the Brazilian sugar and alcohol cooperative Copersucar.
Formouno en 1974 o piloto de carreiras Wilson Fittipaldi e o seu irmán menor, o dobre campión do mundo Emerson, co diñeiro da cooperativa de azucre e alcohol do Brasil Copersucar.