News Details
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...
Full Story »
Full Story »
5y ago from PlanetF1.com
0
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 'can't see' Wolff taking stake in Aston...
Racing Point team principal Otmar Szafnauer doesn't believe that Toto...
5y ago from F1i.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....
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez propels MotoGP to record figures in 2025
No description available...
12h ago from Motorsport.com
Pirelli outlines 2026 MotoGP test plans ahead of 2027...
Pirelli has officially outlined when it plans to test its new MotoGP...
16h ago from MotorsportWeek.c...
F1 World Champion Lando Norris offered MotoGP...
F1 World Champion Lando Norris has been offered an opportunity to ride a...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
FOX Sports, IndyCar reveal broadcast schedule for 2026...
No description available...
9h ago from Motorsport.com
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
1d ago from Motorsport.com
IndyCar boss Doug Boles explains new officiating system
No description available...
1d ago from Motorsport.com
Momentum building for IndyCar’s inaugural Arlington...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Project One confirms WRC27 entry
Founded by experienced motorsport engineer Lionel Hansen alongside former...
12h ago from MotorsportWeek.c...
Hyundai to run a WRC2 spec machine in 2027?
Hyundai has said it is considering a brand new WRC2 car for the 2027...
12h ago from MotorsportWeek.c...
Does Martins Sesks have a future with M-Sport in WRC?
No description available...
14h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal latest: 'Havertz return delayed after injury...
No description available...
5h ago from SkySports.com
Report: Arsenal and Man United go head-to-head over 25...
Manchester United and Arsenal are interested in signing the Olympiacos...
7h ago from CaughtOffside.com
Arsenal plot swoop for 19-year-old after Xabi Alonso...
Arsenal are reportedly interested in signing the Real Madrid defender,...
9h ago from CaughtOffside.com
Comments
Hottest News
Ferrari reveals 2026 F1 launch plans with ‘spec A'...
Ferrari boss Fred Vasseur has revealed that the... Read More »
3h ago from MotorsportWeek.com
Charles Leclerc lets loose at Ferrari Christmas party
Ferrari F1 star Charles Leclerc has been pictured... Read More »
5h ago from GPFans.com
Ferrari reveal launch date for latest F1 challenger
Ferrari has become the latest F1 team to announce... Read More »
3h ago from RacingNews365.com
