Starting in 2021, Racing Point will become Aston Martin’s works team – and owner Lawrence Stroll has informed employees at the plant that his goal is to establish the team as one of the top teams in Formula 1.
Racing Point has been an independent team since its first incarnation as the Jordan Grand Prix. Since then, they have gone through various guises – including Spyker and Force India – and have built a reputation as solid midfield contenders who always get the most out of what are often relatively small resources.
But after Stroll, who took control of the team in 2018, signs a deal to become an investor in legendary British automobile brand Aston Martin, the team will become a factory team next year – and the billionaire businessman hopes they can Take up the fight to the big cannons of F1
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Racing Point owner Lawrence Stroll says his team will be challenging at the top of Formula 1
Team boss Otmar Szafnauer said that the team’s employees are already enthusiastic about the plans. “It certainly provides a real boost of energy to the 465 loyal, hard-working employees at Silverstone,” he said.
“The team has been in business under various names for 30 years and is more than ready to become a manufacturing team. Laurentius [Stroll] spoke to staff last week and set out a clear goal of establishing Aston Martin as one of the top teams in the sport. Everyone is proud to represent a legendary automaker returning to the forefront of motorsport. “
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Szafnauer also confirmed that the Racing Point name would go away after the 2020 season. “We will continue to compete as Racing Point until the renaming takes place at the beginning of the 2021 season. From then on we will simply be known as the ‘Aston Martin F1 Team’ – so the name Racing Point will go away, ”he said.
“It’s exciting to be joining a manufacturing team, and we have the best time of year to make all of these changes – much of which will take place behind the scenes. It is important that we do not lose sight of the main task for 2020, namely to be competitive with the RP20 on the racetrack. “
Team boss Otmar Szafnauer says the news has already given the employees at the plant a real boost
The American, who has been with the Silverstone-based team since 2009, said the deal was a perfect fit for the team and the road automaker. “There are a number of goals for Aston Martin in creating a factory F1 team.
“It offers a top-class marketing platform for the road vehicle division that will increase commercial attractiveness in all business areas. There’s also the obvious technical collaboration between the F1 program and road vehicles, with F1 technology permeating all the way to the products Aston Martin brings to market in the years to come.
“This is particularly relevant to the mid-engine philosophy that is just around the corner. The competitive landscape of racing is a rich avenue for innovation and the opportunity for technology crossover is incredibly exciting.”
Racing Point will unveil its 2020 challenger on Monday February 17th.
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