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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...
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