(CNN) -- Can crowdfunding help an iconic team return to the Formula One grid after a 20-year hiatus? That's the aim for the family of the late three-time world champion Sir Jack Brabham, whose eponymous team still roars with resonance through motorsport history. In 1966, the Australian conjured a unique feat in F1 history when, at the age of 40, he became the only man to win the driver and team world titles with a car of his own make. All in all, the Brabham team engineered two constructor titles and four driver crowns -- with Brabham in 1967, Denny Hulme in 1968 and Nelson Piquet in 1981 and 1983 -- and was owned by F1 chief Bernie Ecclestone for much of the 1970s and 1980s.
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Project Brabham aims to bring back the Brabham team to motorsport
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The project is relying on crowdfunding to raise the money needed
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Former F1 world champion Sir Jack Brabham founded the Brabham team
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"If you look at the history and heritage and what it means to people, a @placeholder should really be out there -- racing is in our DNA."
Jack Brabham
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"It's in our DNA and it's where @placeholder really should be, but it's one step at a time.