From 1978, March concentrated on Formula Two, running the works BMW team. Bruno Giacomelli and his 782 was a strong contender in the 1978 season, and would eventually go on to win the F2 title. For 1979 March constructed their first ground-effect car, the 792. It was powered by 300 hp 2000 cc four cylinder BMW M Power engine. Swiss Marc Surer drove the 792 to the 1979 championship. There were 32 examples of the 792 constructed, driven by many drivers in the European F2 Championship and All Nippon F2 Championship.
Derek Daly raced in the 1979 European F2 season for Project Four Racing – ICI Racing Team, created by Ron Dennis. Daly missed 3 out of 12 rounds, but the win in the final race at Donington was enough to take him to 3rd overall.
| Season | Series | Event |
| 1979 | Formula 2 European Championship | |
| Driver | No. | Entrant |
| Derek Daly | 7 | Project Four Racing – ICI Racing Team |
| Scale | Manufacturer | Collection |
| 1:43 | Minichamps | |
| Cat. No. | Quality | Rarity |
| 400790007 | 
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