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Ralt was a manufacturer of single-seater racing cars, founded by ex- Jack Brabham associate Ron Tauranac after he sold out his interest in Brabham to Bernie Ecclestone. Ron and his brother had built some specials in Australia in the 1950s under the Ralt name (standing for Ron and Austin Lewis Tauranac). Tauranac won the 1954 NSW Hillclimb Championship in the Ralt 500.

As a constructor, Tauranac acquired a reputation for building safe, simple, strong cars that were manufactured to very high standards -- he tended to invest his firm's profits in high-quality machine tools and Ralts acquired an enviable reputation as the best-built "customer" cars of their era.