F1 team to change name before new season

Lawrence Stroll

"[We should] be able to punch even higher above our weight, to hopefully be fighting for that third place". But it was typically a lonely fourth place.

The Racing Point name is not a permanent new title for the former Force India team and will change before the start of the 2019 Formula 1 season. That led the future of Force India in hanging until Stroll and his team stepped in the middle of 2018 when the team was forced to go in administration.

The provisional entry list for the 2019 F1 World Championship lists the team and chassis name as Racing Point, but that is just a temporary measure as the Silverstone outfit makes the transition from its former identity as Force India.

It had been speculated that Lance Stroll would replace Ocon as Perez's teammate next season for several months, and this move was finally confirmed last week after the 2018 season reached its conclusion.

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Stroll Sr insists he did not invest in the team to help his son's racing career or for the sake of his ego. "It is because of how they have performed, on the budget they have had, that this opportunity has been realised". The team emerged as one of the top middle-order teams in the F1 in following years while, both the main owners ran into financial problems soon. "I'm in this for the long term, as I have been with every other business I've owned", he added.

"That is still to be clarified how well that works out", he continued. He has a good relationship with Formula 1's new chairman Chase Carey after Liberty Media brought out the rights to the series.

"But, put simply, this was a phenomenal business opportunity that presented itself".

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