In the mid-year of 2018, there were enormous changes in F1.
The present Racing Point group has experienced truly, a few changes of proprietors and names of the stables. Eddie Jordan was the one to establish the team in 1991. Under the name, Jordan worked in F1 until 2005. Canadian business Alex Shnaider took over before the 2006 season and renamed it Midland F1 Racing.
The team worked under this name for just a single year. It contended as the Spyker F1 Team in the 2007 season and in this manner purchased by Vijay Mallya and Michiel Mol. It was then changed to Force India. In 2018, be that as it may, after monetary issues came another change. Lawrence Stroll took over, who renamed the group to Racing Point.
Vijay Mallya’s Response on the new development in the team
Force India’s proprietors changed and the group is at present working under the name Racing Point. Previous Force India boss, Vijay Mallya, is amped up for the understanding between Lawrence Stroll and Aston Martin that will cause Racing Point to work from 2021 under the name Aston Martin.
Mallya, who owned the squad from 2008 until it hit financial problems in 2018. He has congratulated Stroll on the deal.
“I am delighted for Lawrence and I’m delighted for the team,” Mallya told Autosport. “To ultimately become a works team was always a dream.
“Lawrence and I are friends, and in fact, I congratulated him this morning on the news. He’s a very astute investor, and his track record proves that.
“If you look at the share price of Aston Martin today, he’s obviously made a sweetheart deal. Under his chairmanship and with the new range of models that Aston is planning there’s only one way to go, and that’s north.
“For Racing Point it is absolutely fabulous that it will become a works team with support from a great British marque like Aston, with all its heritage. Aston has plenty of followers, and they will all become Racing Point followers as well,” He added.
Previous attempts to bring Aston Martin in F1
Mallya had attempted fruitlessly to verify sponsorship from Aston Martin in late 2015, with the support, in the end, going to Red Bull.
“We had conversations with Aston five years ago, not to become a works team, but to have Aston become the title sponsor, and give us some technical support,” he explained.
“I don’t know what the deal is with Red Bull, but I don’t think Aston has technical input. Red Bull have the genius Adrian Newey, so I don’t think they need anybody else!”
Mallya, who visited the last year’s British Grand Prix, said he doesn’t miss his association in F1.
“I enjoyed every moment of those 10 years, and now it’s time to do something else. I nursed it along for 10 years, I delivered two results of fourth in the constructors’ championship, which I’m very proud of. The team is still in my DNA, and I’m absolutely delighted for the team. I believe the car for 2020 has made some giant strides and I’m eagerly looking forward to the commencement of the season,” he concluded.
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