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Racing Point ‘smallest' team despite Stroll's money
When Lawrence Stroll bought his F1 team he handed Racing Point a healthy cash injection, but Otmar Szafnauer says it still has the 'lowest' budget on the grid. Stroll and his Canadian consortium brought the Force India team in 2018, paying off its debts, boosting its coffers and rebranding it Racing Point. In 2017 and 2018 the team spent $120 million per season while last year that rose to $188 million. That, however, still puts Racing Point in the lower half of the spenders. 'When Lawrence came in, he gave us a bigger budget – so significantly more money,' Szafnauer told Autosport. 'But it must be said that even though we have a significantly bigger budget, say 30% more, 40% more...
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5y ago from PlanetF1.com
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