Formula Racing Development Limited or FRD Motorsports (FRD) is a motorsport promoter headquartered in Hong Kong, China which was founded in 1997.It has been the organizer and promoter of several Asian and China based championships, such as Asian Formula Renault Championship, China Formula Campus Championship, Clio Cup China Series, and Asia GT Race Series.It also conducts racing schools, driving schools, corporate programs, car events and even an annual celebrity race.