Borland Racing Developments Pty Ltd was formed in 1984 to prepare and engineer cars for the then popular Australian Formula Two championship. Four championships were secured in the next five years, after which Michael Borland turned his attention to producing the Spectrum Formula Ford.

The new chassis quickly established itself in the local market, taking a dominant 1-2 in the 1998 Australian Championship for Adam Macrow and Christian Jones (son of 1980 F1 World Champion, Alan Jones). In 2000, a New Zealand title to Phil Hellebrekers was the first international crown for the marque. In 2006 a Spectrum model 011 was built for the UK championship. On the famous Brands Hatch GP circuit, John Martin took a resounding victory in the chassis' debut weekend. This momentous win was the impetus to appoint a UK agent in Mark Bailey Racing Ltd, which culminated in leading UK championship team Kevin Mills Racing switching to the Spectrum chassis for the 2008 season.

Whilst building its reputation as a championship winning team and constructor, BRD continues to develop a thriving business as a specialist fabricator. This side of the business is kept busy meeting the demands of Daytona Sportscar production, historic restoration projects and production of specialty parts for the motor racing industry.

During 2007, the Braeside factory was doubled in size to accommodate the existing workload and to provide capacity for new projects. Foremost of these projects is the Spectrum F2000; the slicks and wings racer for the US market. Other assignments are already in the pipeline for the team and these will ramp up as development of the F2000 transitions to production.