Denmark's Peter Nygaard studied law at Copenhagen University but during his vacations travelled to Formula 1 races to take photographs, working for his local newspaper in Haslev, in the southern part of Denmark.

After graduation in 1982 he established the Grand Prix Photo company and has since attended more than 350 Grands Prix. Today he not only takes photographs but also writes and commentates about the FIA Formula 1 World Championship.

The company covers every Grand Prix and many other international and national events and with contacts all over the world can supply photos from almost any motor race. In addition to current photography the Grand Prix Photo archive is one of the biggest in the world, Nygaard having acquired the archives of a number of F1 photographers, notably Italian photo-journalist Giancarlo Cevenini and France's Dominique Leroy plus a portion of Australian Nigel Snowdon's collection. Grand Prix Photo has 25,000 photographs on its website and millions more in its offices, which are decorated with a Tyrrell 021, which Peter acquired from Ken Tyrrell in the 1990s.