Since the start of the year, Racing Point has officially given way to Aston Martin, allowing Lance Stroll’s Formula 1 team to put behind them for good a difficult period of transition marked by serious financial difficulties.
In 2018, Lawrence Stroll bought the Force India team, which had just gone into receivership in the United Kingdom, a process similar to the protection of the Bankruptcy and Insolvency Act in Canada.
Despite this, the team continued to deliver strong results as Lawrence put his plan in place, finishing fourth among the constructors in 2020. A leading position from Lance and a win from Sergio Perez were notable highlights of the season. .
“Everyone involved should be extremely proud of this achievement and I think it shows that although this is a new name and a new team identity, we have retained the strong backbone that guided us through difficult times, ”said director Otmar Szafnauer on Wednesday in a statement.
Under the new association with Aston Martin, the Silverstone team will be entering a sixth identity since its inception in 1991 under the Jordan name. It then became Midland, Spyker, Force India, then Racing Point.
In 30 years, the organization has won five races and accumulated 29 podiums, without ever enjoying a budget that can compete with the big teams. It will now be able to count on new investments, but Szafnauer still wishes to maintain this efficiency.
“[Représenter Aston Martin] It might seem intimidating, but we’ve been in Formula 1 for 30 years and have won events along the way, often against all odds. We have earned a well-deserved reputation by exceeding expectations. We are therefore convinced that we can take pride in the Aston Martin name from the start. ”
On the track, the British team will count on the four-time world champion Sebastian Vettel and Lance Stroll to continue to garner good results. This prospect is “very exciting” for Szafnauer.
“We are delighted with our duo. It’s the ideal mix of experience, winning know-how and raw talent. ”