Racing Point Force India Is Born! New Team Granted Entry To F1
I told you I’d update you with the details.. and here we are!
The new Lawrence Stroll led consortium has been given an entry to the FIA Formula One World Championship. This will be called Racing Point Force India. The company has purchased all of the assets of the Force India Formula One team and is ready to race at Spa this weekend.
Being a new company this does mean that the old Force India Formula One team is excluded from the championship (due to being in administration and no longer having any assets – read cars). Therby the new team starts today with 0 history and 0 points. Of course the drivers keep theirs and are unaffected.
It remains to be seen which drivers see out the remainder of the season as lots of rumours are suggesting that Lance Stroll will be moved to his fathers new team, maybe in time for Singapore.
Lawrence Stroll: “On Monday I stood in front of the workforce at Silverstone and Brackley and applauded the achievements of this team in recent years. The strength of any company is the people that make it up and it’s a huge privilege to begin this exciting new journey with such a talented group of men and women. I’ve been fortunate to establish and grow a number of successful businesses, but the opportunity to take this team forward to the next level is perhaps the most exciting challenge yet. Together with my fellow shareholders, we will invest in new resources and bring fresh energy to empower the workforce to continue racing at the very highest level. We are all passionate about motor racing; we recognise the racers’ spirit in Force India, and we are extremely motivated to make this team even more special in the years ahead.”
Otmar Szafnauer, Team Principal and CEO: “As we return from the summer break and prepare for the upcoming Belgian Grand Prix, I want to thank all the staff for their resolve and loyalty during the period of transition. Now that we are under new ownership and the future of the team is secure, we can focus on doing what we do best – going racing. We have a great management team in place and this stability will be extremely valuable as we begin the new era. I would like to thank Bob Fernley for his contribution to the success of this team over the last ten years and recognise the support of the previous shareholders for making Force India what it is today.”