▁known ▁as ▁Formula ▁B rab ham ▁ ▁in ▁honour ▁of ▁Australia ' s ▁first ▁ever ▁Formula ▁One ▁World ▁Champion ▁Sir ▁Jack ▁B rab ham , ▁the ▁only ▁person ▁in ▁history ▁to ▁win ▁the ▁World ▁Championship ▁in ▁a ▁car ▁of ▁his ▁own ▁design ▁in ▁. ▁Sir ▁Jack ▁acted ▁as ▁the ▁category ▁patron ▁for ▁five ▁seasons . ▁In ▁ 1 9 9 6 ▁the ▁name ▁revert ed ▁to ▁Formula ▁Hold en ▁ ▁and ▁from ▁the ▁ 2 0 0 3 ▁season ▁the ▁category ▁was ▁officially ▁called ▁" Form ula ▁ 4 0 0 0 ▁power ed ▁by ▁Hold en ". ▁ ▁The ▁formula ▁was ▁also ▁used ▁for ▁a ▁ 1 9 9 3 ▁Pan - P ac ific ▁series , ▁several ▁New ▁Zealand ▁Gr ands ▁Prix , ▁and ▁Tas man ▁Cup ▁( Austral ia ▁versus ▁New ▁Zealand ) ▁summer ▁series . ▁It ▁was ▁also ▁proposed ▁to ▁be ▁used ▁for ▁an ▁Asian ▁series ▁based ▁in ▁China . ▁With ▁numbers ▁dro pping , ▁largely ▁thanks ▁to ▁the ▁rise ▁of ▁V 8 ▁Super c ars ▁which ▁all ▁but ▁mon opol ised ▁big ▁doll ar ▁spons ors ▁and ▁television ▁coverage , ▁and ▁the ▁increasing ▁prom in ence ▁of ▁Formula ▁ 3 , ▁the ▁class ▁was ▁dropped ▁by ▁the ▁CA MS ▁san ction ing ▁body ▁after ▁the ▁ 2 0 0 5 ▁season . ▁In ▁ 2 0 0 6 , ▁the ▁category ▁was ▁run ▁as ▁part ▁of ▁the ▁Australian ▁Motor ▁Racing ▁Series ▁under ▁the ▁san ction ing ▁of ▁the ▁Australian ▁Auto ▁Sport ▁Alliance ▁( A AS A ) ▁and