This was one of the competitors in the Grand Prix Masters F1 Cars 1966-85 race at the Silverstone Classic meeting in July 2010.
It's the Doug Mockett's 1975 Penske PC3, chassis #PC3/01, powered by the 2,993cc V8 Ford Cosworth DFV engine. The American former racing driver Roger Penske entered Formula One racing in 1974 with the Penske PC1 designed by Geoff Ferris, who also designed the 1975 PC3. The Penske PC3 was a singularly unsuccessful car which was used by the Penske team for the first half of the 1976 season, its highest placing being a fifth place in the South African Grand Prix, and was superseded by another Geoff Ferris car, the PC4 which won the Austrian Grand Prix and had two other podium finishes.
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