PHM Racing
| Founded | 2021 |
|---|---|
| Base | Berlin, Germany |
| Team principal(s) | Paul Müller |
| Founder(s) | Paul Müller |
| Current series | Euro 4 Championship Italian F4 Championship UAE4 Series |
| Former series | FIA Formula 2 Championship FIA Formula 3 Championship Formula Regional Middle East Championship ADAC Formula 4 Formula 4 CEZ Championship |
| Current drivers | UAE4 Series Italian F4 Championship |
| Website | http://phm.racing/ |
PHM Racing is a German auto racing team competing in a variety of junior open-wheel series. It started racing in 2022 after taking over Mücke Motorsport's Formula 4 assets and later entered Formula Regional, FIA Formula 3 and FIA Formula 2, the latter two initially in collaboration with Charouz. The F2 and F3 operations were bought out by financial services firm AIX Investment Group and became AIX Racing in May 2024.