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...
6y ago from GrandPrix247.com
Szafnauer: Cost cap doesn't have to be maxed out
Racing Point team principal Otmar Szafnauer has reminded everyone that...
6y ago from PlanetF1.com
Szafnauer Plays Down The Likelihood of Wolff Joining...
BWT Racing Point F1 Team boss Otmar Szafnauer has played down the...
6y ago from TheCheckeredFlag....
Brawn: F1 budget cap agreement now 'in final stages'
Formula 1 director of motorsports Ross Brawn says an agreement over the...
6y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Honda reveals Suzuka 8 Hours line-up featuring Takumi...
Honda has revealed that six-time WorldSBK champion Jonathan Rea and...
6h ago from MotorsportWeek.c...
Francesco Bagnaia explains French GP crash: “I...
No description available...
11h ago from Motorsport.com
Why Marco Bezzecchi had no answer to Jorge Martin’s...
No description available...
9h ago from Motorsport.com
MotoGP race winners Jack Miller and Johann Zarco...
No description available...
10h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar alters qualifying format for 2026 Indianapolis...
No description available...
1h ago from Motorsport.com
New Indy 500 qualifying procedure detailed
The NTT IndyCar Series has outlined the qualifying procedure for this...
1h ago from MotorsportWeek.c...
Mick Schumacher's top 12 run ends with a penalty after...
No description available...
1h ago from Motorsport.com
Arrow McLaren shows off suite of Indy 500 liveries
Arrow McLaren has revealed the liveries that will adorn its cars for the...
4h ago from MotorsportWeek.c...
Popular On TotalWRC.com
How Sebastien Ogier’s near-perfect Rally Portugal...
No description available...
1d ago from Motorsport.com
WRC Portugal: Thierry Neuville inherits lead as...
No description available...
1d ago from Motorsport.com
Thierry Neuville nabs Portuguese win
Sebastien Ogier and Vincent Landais had their eighth Rally de Portugal...
1d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Carra: Only people who don't want Arsenal to win PL...
Jamie Carragher believes only people who don't want Arsenal to win the...
36m ago from SkySports.com
Player ratings: West Ham 0-1 Arsenal
Arsenal took a big step towards their first Premier League title in over...
4h ago from FreshArsenal.com
'You can't get away from that' - Gary Neville predicts...
Manchester United icon Gary Neville has predicted the winner of the...
3h ago from SportsKeeda.com
Arsecast Extra Episode 694 – 11.05.2026
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
7h ago from Arseblog.com
Comments
Hottest News
Ford chief issues update on Red Bull partnership after F1...
Ford Racing chief Mark Rushbrook has revealed an... Read More »
1h ago from GPFans.com
Aston Martin announcement to remove Adrian Newey as F1 team...
Adrian Newey's days at the helm of Aston Martin... Read More »
4h ago from GPFans.com
Aston Martin fears revealed as F1 insider claims 'anyone I...
An F1 insider has spoken out about the mental... Read More »
2h ago from GPFans.com
