Worth a Punt Racing will debut in the Bennetts British Superbike Championship this season.
A new team will enter the 2025 Pirelli National Superstock Championship in the British Superbike paddock.
The new Worth a Punt Racing Team will have Sam Laffins as their sole rider. Laffins previously raced in the Quattro Group British Supersport Championship last season for G&S Racing.
The team will use a Honda CBR1000R-R Fireblade SP for their debut season in the series.
Laffins said: “I’m excited for this new challenge in Superstock 1000. With Nico and Geoff onboard, I’m confident we can achieve strong results.”
Graham commented: "I have known Sam and his family for over 10 years now and I have always been a great believer in Sam's potential.
"I know we are about to see the best version of this young man on track in 2025 and that excites me.
"When Sam approached us about creating a team together, it was an easy decision.
"Two days later, the Its Worth a Punt Racing team was formed and we can't wait to get stuck in."
Team Manager Nico Mawhinney said: “With my experience helping riders and being a former rider myself, I believe I can help elevate Sam’s performance and race craft.
"The biggest challenge this year will be adapting to the bigger machinery. I believe we can do it together, with no pressure applied.”