The series saw the drivers using a chassis that was built at the WilliamsF1 team's headquarters at Grove in Oxfordshire. It was named as the JPH1, incorporating the initials of series boss Jonathan Palmer and Patrick Head, engineering director for Williams. The car was given two shakedown tests at Palmer's Bedford Autodrome by Steven Kane, before the car was officially launched on 2 March at Brands Hatch – the headquarters of MotorSport Vision, who run all the cars in the series. At each event there were two 30-minute practice sessions, two 30-minute qualifying sessions and two races of varying length; the distances for each announced prior to each race weekend. Points were awarded to the top eight drivers in the race, and were awarded in the same system as Formula One: 10-8-6-5-4-3-2-1, and only a driver's best fourteen scores counted towards the championship. That said, no driver had to drop scores in the championship due to all of them having two or more non-points-scoring races. The winner of the FIA Formula Two Championship received a full test with the AT&T Williams F1 team, which was run in such a way as to seriously evaluate the driver with regard to their potential as a Formula One driver. Drivers finishing in the first three places in the final classification of the Formula Two Championship qualified for an FIA Super Licence.
Drivers
During a question & answer session at the 2009 Autosport International show in Birmingham, series boss Jonathan Palmer announced that the Formula Two field will expand from 20 to 24 cars. This then became 25 as Edoardo Piscopo joined the line-up and Jens Höing returned after contractual issues. After Henry Surtees' death, there were only 24 cars at Donington Park, before returning to 25 for Oschersleben, with Ollie Hancock making his debut.
Italian Formula Three champion Mirko Bortolotti and Italian Formula Three runner-up Edoardo Piscopo graduated into the championship.
Formula Palmer Audi front-runners Alex Brundle, Jack Clarke, Jason Moore and Jolyon Palmer continued their collaboration with MotorSport Vision into the series.
Armaan Ebrahim switched from Formula V6 Asia to the revived series.
; Midseason changes † – Surtees was fatally injured after an accident, during the second race at the fourth round at Brands Hatch. Surtees' slot was filled by Ollie Hancock after round five.
Edoardo Piscopo missed the final round to participate in the first round of 2009–10 GP2 Asia Series season. His slot was filled by Tristan Vautier.
Testing Results
The first group test was held on 6 May, at Snetterton in Norfolk. In the morning, 21 of the series' 24 drivers were within a second of each other. Two sessions were held, one in the morning and one in the afternoon. There was another group test at Silverstone on 18 May, with two dry sessions and one wet session. Two other test days were held during the session, one at Donington Park, and one at Circuit de Catalunya.
Calendar
The Formula Two calendar consists of eight rounds with two races at each event.