Racing de Veracruz

On December 5, 2019, the Veracruz metro area was left without representation in Mexican football after the dissolution of Tiburones Rojos de Veracruz, a team that played in the Primera División de México. Later, some clubs emerged seeking to fill the void left by the original team, such as Atlético Veracruz and Club Veracruzano de Fútbol Tiburón, however, both clubs failed in their attempt to attract fans from the city.

In March 2023, the Government of Veracruz began the reconstruction works of the Estadio Luis Pirata Fuente, with the aim of making it attractive to new investors interested in bringing a team to the city. Meanwhile, Porto Palmeiras, a local football school, began negotiations with the aim of getting a professional team for the city. In April 2023, it reached an agreement with Racing City Group, a Qatari conglomerate that owns teams around the world.

On April 23, 2023, the agreement between Porto Palmeiras and Racing City Group was announced, the new team was called Racing Porto Palmeiras.

On June 30, 2023, the team was accepted into the Liga Premier - Serie A, being placed in Group 2. The club signed Héctor Jair Real as the first team manager.

The team played its first official match on August 12, 2023, in that game Racing defeated La Piedad by a score of 1–2, Fabrizio Díaz scored the first goal in the history of the Veracruz team.

On April 10, 2024, Racing Porto Palmeiras won its first official title by being champion of the Copa Conecta, a tournament that pits 32 teams from the Segunda División and Tercerca División. The team won the title after defeating Diablos Tesistán 0–2.

On June 28, 2024, the team was renamed Racing de Veracruz because the board decided to end its relationship with the Racing City Group in addition to seeking the club's identification with the city and not only with the football school that was part of the team's founding.

In July 2024, the owners of Racing de Veracruz bought Tepatitlán, a team that participates in the Liga de Expansión MX, with the aim of establishing the Racing in the second tier of Mexican football starting with the 2025–26 season. However, in February 2025, the board announced that the team would remain in Tepatitlán, Jalisco due to the limited chances of receiving the Liga de Expansión approval for the team's relocation to Veracruz.

After Racing's disassociation with Tepatitlán, the board focused on strengthening its own sports structure, creating a new subsidiary team called F.C. Racing which competes in the Liga Premier – Serie B from the 2025–26 season. A second reserves team was also created, which participates in the Tercera División de México.