News Details
Szafnauer says Racing Point 'still on a tight budget'
Racing Point's financial situation might be much healthier than it was in 2018 when it suffered a near-death experience in its former guise as Force India, but that certainly doesn't mean the team has money to burn. The team was saved from administration after being bought up by a consortium led by Canadian billionaire Lawrence Stroll, which has resulted in millions of pounds of fresh investment to revive the squad's fortunes - including the switch to a controversial 'Pink Mercedes' design philosophy. But team principal Otmar Szafnauer is quick to point out that despite the extra money, Racing Point remains the smallest and leanest team on the F1 grid with a significantly smaller budget...
Full Story »
Full Story »
You May Also Be Interested In...
Szafnauer: We're still the smallest Formula 1 team
The investment of Lawrence Stroll is yet to change the fact that Racing...
5y ago from GrandPrix247.com
Szafnauer: Cost cap doesn't have to be maxed out
Racing Point team principal Otmar Szafnauer has reminded everyone that...
5y ago from PlanetF1.com
Szafnauer Plays Down The Likelihood of Wolff Joining...
BWT Racing Point F1 Team boss Otmar Szafnauer has played down the...
5y ago from TheCheckeredFlag....
Brawn: F1 budget cap agreement now 'in final stages'
Formula 1 director of motorsports Ross Brawn says an agreement over the...
5y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Everything we know about Goiania Circuit –...
No description available...
12h ago from Motorsport.com
Heavy rain and flooding hits Autodromo Ayrton Senna...
No description available...
20h ago from Motorsport.com
Marc Marquez: 'Speeds will be lower with 850cc bikes,...
No description available...
1d ago from Motorsport.com
The key challenges MotoGP teams will face in the 2027...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Takuma Sato set for Indy 500 return with Rahal...
No description available...
1d ago from Motorsport.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
1d ago from MotorsportWeek.c...
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
1d ago from MotorsportWeek.c...
Helio Castroneves to attempt 2026 Indianapolis 500...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
WRC working to secure future of Safari Rally Kenya...
No description available...
18h ago from Motorsport.com
WRC Rally Scotland brings top tier rallying back to...
The 2027 WRC calendar should have an exciting new event on the calendar:...
2d ago from MotorsportWeek.c...
WRC to return to GB in 2027 as Scotland secures...
No description available...
2d ago from Motorsport.com
WRC Safari Rally Kenya: Elfyn Evans retires as drivers...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Premier League officials appear to confirm Arsenal...
Premier League officials have admitted that Arsenal benefited from two key...
7h ago from SportsKeeda.com
Arsenal plot £69m move for 10-goal ace to replace...
Arsenal are interested in signing the AC Milan attacker Raphael Leao at...
9h ago from CaughtOffside.com
Mikel Arteta targets 50m+ La Liga star to supercharge...
Mikel Arteta's Arsenal are keen on acquiring the services of Real Madrid...
10h ago from CaughtOffside.com
Arsenal, Chelsea, and Newcastle eye 70m move for...
Newcastle United, Arsenal, and Chelsea are all keeping tabs on Christian...
10h ago from CaughtOffside.com
Comments
Hottest News
F1 News Today: Max Verstappen furious as George Russell...
Team radio from last weekend's Chinese Grand Prix... Read More »
42m ago from GPFans.com
Norris, Piastri in 'tough moment' - how soon will McLaren...
McLaren boss Andrea Stella says Lando Norris and... Read More »
32m ago from SkySports.com
Max Verstappen receives stern F1 warning: 'You are not...
Has Max Verstappen gone too far with his... Read More »
1h ago from RacingNews365.com
