The club was founded in 1904 by employees of the German pharmaceutical company Bayer AG, whose headquarters are in Leverkusen and from which the club draws its name. It was formerly the best-known department of TSV Bayer 04 Leverkusen, a sports club whose members also participate in athletics, gymnastics, basketball and other sports including the RTHC Bayer Leverkusen (rowing, tennis and hockey). In 1999 the football department was separated from the sports club and is now a separate entity formally called Bayer 04 Leverkusen GmbH.The club s main colours are red and black, both having been used as the main shirt colour and with red and black stripes also having been used as home colours.