News Details

Szafnauer: Well-heeled Racing Point 'very careful' to preserve efficiency

Racing Point boss Otmar Szafnauer admits the team is now well endowed, but a solid financial foundation won't keep the outfit from running its operations as efficiently as possible. The ex-Force India concern endured a near-death experience last summer, and was saved from a painful demise by a consortium of investors led by billionaire Lawrence Stroll. The rescue operation led to a new identity - Racing Point - and especially to a new and much improved financial condition, where adequate resources have brought the team a new foundation from which to prosper. Racing Point F1 to change name again before 2019 season! However, being flush with cash won't mean that the pink outfit will spend...
Full Story »
7y ago from F1i.com 0
Share

You May Also Be Interested In...

Money won't spoil us, insists Racing Point's Szafnauer

With the increasing rumblings in the wings concerning the financial and...
7y ago from Pitpass.com

TPF Podcast #604: Williams, ‘W' and Vanishing...

Join Grace and me as we discuss former Williams driver Sergey Sirotkin,...
7y ago from TheParcFerme.com

‘Racing Point is just a place holder'

The Racing Point name will not feature on next year's grid with team...
7y ago from PlanetF1.com

Renault Sport F1 changes name

Renault Sport F1 will be changing its name…apparently that's become...
7y ago from TheParcFerme.com

Elsewhere On The Network

Popular On MGPToday.com

Yamaha admits 2026 MotoGP performance will decide...

Yamaha knows it must deliver a more competitive 2026 MotoGP bike to...
17h ago from MotorsportWeek.c...

Trackhouse Aprilia launches two liveries ahead of 2026...

Trackhouse Aprilia satellite team has launched its two new liveries in...
14h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Will Power sees ‘all the ingredients’ for a...

Will Power is approaching the beginning of his new IndyCar chapter, with...
14h ago from MotorsportWeek.c...

Ed Carpenter to contest 23rd Indianapolis 500

Owner of the Ed Carpenter Racing IndyCar team Ed Carpenter will race in...

Pato O’Ward joined by F2 champion in McLaren F1...

McLaren has announced its driver development program lineup for 2026,...

Popular On TotalWRC.com

Popular On GunnersToday.com

Mikel Arteta eyes Real Madrid wonderkid, Arsenal keen...

Arsenal are interested in selling the Real Madrid defender, Victor...
8h ago from CaughtOffside.com

Arsenal plan to snag Brazilian prodigy this month,...

Arsenal are interested in signing the Brazilian playmaker Breno Bidon from...
10h ago from CaughtOffside.com

David Ornstein drops massive Arsenal transfer hint,...

Arsenal were reportedly considering a move for the Atletico Madrid striker...
12h ago from CaughtOffside.com

Alan Shearer says only one team can stop Arsenal from...

Alan Shearer believes Arsenal will go all the way to the final of the...
10h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.