Theodore Racing
| Full name | Theodore Racing | 
|---|---|
| Base | Hong Kong | 
| Team principal(s) | Teddy Yip Jr. | 
| Founder(s) | Teddy Yip | 
| Noted staff | Sid Taylor Julian Randles Tony Southgate Jo Ramírez | 
| Noted drivers | Patrick Tambay Keke Rosberg | 
| Formula One World Championship career | |
| First entry | 1977 British Grand Prix | 
| Races entered | 63 (44 starts) | 
| Engines | Ford | 
| Constructors' Championships | 0 | 
| Drivers' Championships | 0 | 
| Race victories | 0 | 
| Podiums | 0 | 
| Pole positions | 0 | 
| Fastest laps | 0 | 
| Final entry | 1983 European Grand Prix | 
Theodore Racing (Chinese: 徳利賽車隊香港) was a Formula One constructor from Hong Kong founded by real estate magnate and millionaire Teddy Yip. They participated in 51 Grands Prix, entering a total of 64 cars.
In the present day Theodore Racing is an international motor racing team owned by Teddy Yip Jr. competing in the Macau Grand Prix and Lamborghini Supertrofea Asia.
Following its last race in 1992, the team made a successful return to racing at the Macau Grand Prix in 2013 under Teddy Yip Jr., owner of GP3 team, formerly Status Grand Prix.
Theodore Racing has won a record eight Macau Grands Prix – two as an independent team with Vern Schuppan and Geoff Lees, and six as a technical support team with the likes of Alex Lynn and Felix Rosenqvist.