Mays brought together about 40 British companies for the project.
He managed to get the backing of some of the UK’s leading industrialists, including Sir Alfred Owen who would go on to buy the team from Mays.
Today, BRM describes the Type 15 as “arguably Britain’s most important Formula 1 car”.
Although it was not ready for the first Formula 1 World Championship race, at Silverstone in 1950, the green BRM was soon racing alongside iconic marques such as Ferrari and Maserati.
In 1952, the company was given another boost when Juan Manuel Fangio, the leading driver of his era, agreed to drive the car.
Maurice Hamilton, the former racing correspondent for BBC Radio 5 Live and The Observer, said: “To get Juan Manuel Fangio into your car was quite something.
“He really was the man, the up-and-coming man.”
