News Details

Racing Point’s Otmar Szafnauer: “We don't have all the money in the world”

Otmar Szafnauer says having a healthier budget is benefiting the Racing Point F1 Team, but the team does not have a blank cheque to do everything they want to do. Racing Point head into the 2020 season in a much healthier financial position thanks to the investment put into the team by Canadian billionaire Lawrence Stroll, but despite this, Szafnauer, the Team Principal and CEO of the Silverstone-based team, feels the budget is still amongst the smallest on the grid. The investments that have come have allowed Racing Point, who will become Aston Martin Racing in 2021, to develop their 2020 car in a way they were unable to do with its 2019 predecessor, meaning they go into the new campaign...
Full Story »
Share

You May Also Be Interested In...

Otmar Szafnauer Warns Lawrence Stroll: Success for...

Otmar Szafnauer, the Team Principal and CEO of the Racing Point F1 Team,...

What does Racing Point's investment into Aston Martin...

It's now official that Racing Point will become an Aston Martin...
4y ago from FormulaSpy.com

Racing Point expecting to return to 'best of the rest'...

Racing Point boss Otmar Szafnauer expects his team to return to the...
4y ago from GPBlog.com

Racing Point to become Aston Martin; Red Bull deal to...

Racing Point will become an Aston Martin works team in 2021, as the...
4y ago from FormulaSpy.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Abel ends Indy 500 entry hopes, cites funding as cause

Abel Motorsports will not be fielding a car in this year’s Indianapolis...

American flag livery returns for AJ Foyt Indy 500 entry

AJ Foyt Racing announced Wednesday that it is bringing its popular...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal, Man United and Chelsea keeping tabs on...

Arsenal, Chelsea and Manchester United have been linked with a move for...
2h 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.