News Details

Racing Point would be the ‘best' with a $100m cap

Having struggled all too often to find money, team boss Otmar Szafnauer believes Racing Point would excel if with a $100 million cap. Fourth in 2016 and again in 2017 and on the podium in four of the last six F1 seasons, Racing Point – formerly Force India – is the team that has often punched above its weight. It is also a team that has done so on a shoestring budget. This led to a change of ownership mid-way through the 2018 season with a consortium led by Lawrence Stroll buying the team from Vijay Mallya. That sale came with a welcome cash injection. The team's 2019 budget was boosted to $188 million, up on the previous year's $120m. The latter, though, is more in line with...
Full Story »
4y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Szafnauer convinced F1 could have 'raced safely' in...

Racing Point team boss Otmar Szafnauer believes in hindsight that F1...
4y ago from F1i.com

Szafnauer sees F1 return in Austria in July as...

Racing Point team boss Otmar Szafnauer believes there's a...
4y ago from F1i.com

Szafnauer: Scrapping rules changes would save millions

Racing Point boss Otmar Szafnauer has suggested a further postponement of...
4y ago from F1i.com

Szafnauer: Our goal is to break into the top three

Aston Martin expects to challenge the primacy of Ferrari, Red Bull and...
4y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Jorge Martin vs Francesco Bagnaia: MotoGP title...

The 2024 season finale awaits as Jorge Martin holds a 24-point lead over...

Popular On IndyCarToday.com

AJ Foyt technical director Michael Cannon leaves team

Michael Cannon, AJ Foyt Racing’s revered engineer and technical...

Chip Ganassi Racing announces driver development...

Chip Ganassi Racing has launched a new driver development program, which...

Popular On TotalWRC.com

Popular On GunnersToday.com

Director sets date to leave current club as Arsenal...

Real Sociedad director Roberto Olabe is reportedly leaving the club at the...
1h ago from CaughtOffside.com

Comments

Hottest News

Ferrari announce new major F1 sponsor

Ferrari has put pen to paper on a new major F1... Read More »
3h ago from RacingNews365.com

F1 team announce MAJOR signing for 2025

A Formula 1 team have announced a major signing... Read More »
46m ago from GPFans.com

Red Bull tipped for TWO 2025 driver signings in Perez...

A Formula 1 rookie is 'almost certain' to replace... Read More »
2h ago from GPFans.com

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.