F1: Force India confirmed at the Belgian GP under the name & # 39; Racing Point Force India & # 39 ;!



formula 1

Happy ending to the legal-financial imbroglio around the British Indian stable.

Thursday was marked by an incredible suspicion about the Force India team. In recent weeks the formation was born in Jordan Grand Prix bought by a consortium of investors led by Lawrence Stroll, the father of Lance.

The legal entity & # 39; Force India Limited & # 39; However, it was not yet acquired, the new owners had to obtain permission from the 13 Indian banks that are the creditors of the now old masters of the places Vijay Mallya and Subatra Roy. A green light that came too late and without which the pink cars could not take the job. As a result, the cars had to be aligned under a new name, with the approval of the FIA ​​and the other nine teams involved.

At the end of the afternoon, an agreement was finally found and the team will start as a Racing Point Force India & # 39; "We are very pleased that the situation surrounding Racing Point Force India has been resolved and that the team will continue to race in Formula 1."Chase Carey, CEO of F1, said. "It is also very gratifying that we have been able to protect the jobs of hundreds of people at the Silverstone plant in collaboration with the stakeholders involved, and it is extremely important that we have a complete network of competing Formula 1 teams, and we are confident that Racing Point Force India will become better and better in the future. "

This name change, however, has crucial consequences for the team that sees all the points included in the classification of the erased manufacturers. Moreover, up to and including 2020 it does not affect any prize money or royalties on commercial rights. In other words, new owners can prepare for banking. No changes at report level at driver level with Sergio Perez and Esteban Ocon still in place. But Lance Stroll is expected to join the Monza team instead of French.


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F1: Force India confirmed at the Belgian GP under the name & # 39; Racing Point Force India & # 39 ;!



formula 1

Happy ending to the legal-financial imbroglio around the British Indian stable.

Thursday was marked by an incredible suspicion about the Force India team. In recent weeks the formation was born in Jordan Grand Prix bought by a consortium of investors led by Lawrence Stroll, the father of Lance.

The legal entity & # 39; Force India Limited & # 39; However, it was not yet acquired, the new owners had to obtain permission from the 13 Indian banks that are the creditors of the now old masters of the places Vijay Mallya and Subatra Roy. A green light that came too late and without which the pink cars could not take the job. As a result, the cars had to be aligned under a new name, with the approval of the FIA ​​and the other nine teams involved.

At the end of the afternoon, an agreement was finally found and the team will start as a Racing Point Force India & # 39; "We are very pleased that the situation surrounding Racing Point Force India has been resolved and that the team will continue to race in Formula 1."Chase Carey, CEO of F1, said. "It is also very gratifying that we have been able to protect the jobs of hundreds of people at the Silverstone plant in collaboration with the stakeholders involved, and it is extremely important that we have a complete network of competing Formula 1 teams, and we are confident that Racing Point Force India will become better and better in the future. "

This name change, however, has crucial consequences for the team that sees all the points included in the classification of the erased manufacturers. Moreover, up to and including 2020 it does not affect any prize money or royalties on commercial rights. In other words, new owners can prepare for banking. No changes at report level at driver level with Sergio Perez and Esteban Ocon still in place. But Lance Stroll is expected to join the Monza team instead of French.


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