In 2005, he made his debut in a single-seater in the Formula Renault, competing in the Spanish Formula 3 championship the following year, where he ranked sixth, with a victory on the home track in Barcelona, behind the wheel of the Racing Engineering team car. In 2007, he competed in the World Series with the Pons Racing team achieving two victories in Barcelona and Estoril and finishing seventh in the championship. The following year, he moved to Formula 3.5 with the Prema Powerteam where he won two more victories (Nürburgring and Estoril) and achieved fourth place in the standings.

In 2010 he left the single-seaters to switch to covered-wheels and, in this case, to the DTM. He competed for various teams, always with Audi cars, competing in 87 races and winning three (Nürburgring 2015; Lausitzring and Hockenheim 2016). He tried GT competitions for the first time, competing in the Australian championship with the Jamec Pem Racing team. In March 2017, he became an official Ferrari driver for GT competitions and became involved in an intense programme of races: he took part in eight of the nine rounds of the World Endurance Championship (WEC), in the GTE-Am class, with the Spirit of Race team’s Ferrari 488 GTE, winning at the 6 Hours of Fuji. He participated in the Blancpain Endurance Cup of the WEC, with the SMP Racing team’s 488 GT3, with Davide Rigon and Victor Shaytar, finishing in fourth place in a season enhanced by second place at Paul Ricard.

In 2018, he raced the 24 Hours of Le Mans on AF Corse car 71, but above all he took part in the Pirelli World Challenge SprintX championship in America, which he won. While in Europe, he raced in the Blancpain Endurance with SMP Racing’s Ferrari, with Davide Rigon and Mikhail Aleshin, as well as in the European Le Mans Series with JMW Motorsport, where he finished in second place with Liam Griffin and Alex MacDowell. In 2019, Molina continues his journey with the Blancpain GT Series Endurance Cup, with Davide Rigon and Mikhail Aleshin, and in the Blancpain GT World Challenge America with R. Ferri Motorsport's 488 GT3, together with Toni Vilander. In addition, he will take part in the FIA ​​WEC Season 8 in the AF Corse 488 GTE, alongside Davide Rigon. In 2020, the Spaniard continued with Season 8 of the World Endurance Championship, as well the GT World Challenge Europe Endurance Cup.

In 2021, the Spaniard’s season – focused on his involvement in the World Endurance Championship and the European Le Mans Series – concluded with the ACO series title, alongside Rino Mastronardi and Matteo Cressoni in the colours of Iron Lynx. Molina also contested – and won – the 24 Hours of Spa-Francorchamps at the wheel of the Spirit of Race 488 GT3 Evo 2020, starting alongside Duncan Cameron, Matt Griffin and Rino Mastronardi. In 2022, Molina will be back in the GT World Challenge Europe Endurance Cup, with Iron Lynx, and will continue his efforts in the FIA WEC.

With increasingly strong performances, Miguel Molina finally broke the ice in the World Endurance Championship. The Spaniard took his first race win alongside Antonio Fuoco in the season’s concluding event. He also competed in the GT World Challenge Europe before intense development sessions with the 296 GT3 and the 499P.