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The Theodore TY02 was a racecar which was designed by Tony Southgate and raced in the 1982 season of Formula One.

The car made its debut at the 1982 Brazil Grand Prix driven by Derek Daly. Other drivers included Tommy Byrne, Jan Lammers and Geoff Lees.

The car had a Ford Cosworth DFV V8 engine and rode on Avon or Goodyear tyres. The car had an aluminium monocoque chassis and had a five-speed Hewland FGA 400 gearbox.

The TY02 was not successful as it only qualified for half of the races it entered in and it never finished any of the races it did manage to qualify for.