Sahara Force India reborn as Racing Point Force India confirms the FIA
All the doubts around Force India’s future have been addressed by FIA, as it has confirmed that Sahara Force India has been reborn as Racing Point Force India and will resume the season with zero points, as it is a new entry.
Thus, the Force India team, that was brought out of administration by a Lawrence Stroll led consortium has been finally and legally saved and will participate in the Belgian GP.
“The new Racing Point Force India Team is delighted to be able to race when the championship resumes in Belgium this weekend.
“This heralds a new and exciting chapter for us. Just a few weeks ago, an uncertain future lay ahead, with more than 400 jobs at risk; now the new team has the backing of a consortium of investors, led by Lawrence Stroll, who believe in us as a team, in our expertise and in our potential to achieve success on the track.
“We are grateful to the FIA, the Joint Administrators and Formula One Management for their support in helping us achieve such a welcome outcome and ultimately, we trust, for the sport and its many fans.” said Otmar Szafnauer, Racing Point’s team principal said.
Jean Todt expressed his delight over the fact that the mess has finally been cleared and the Force India can family can finally focus on the more important ‘on-track’ matters.
“I am very pleased that a strong, positive outcome has been reached and welcome the mid-season entry of Racing Point Force India.
“Creating an environment of financial stability in Formula One is one of the key challenges faced by the sport, however thanks to the hard work of the FIA, the Joint Administrators, Racing Point and Formula One Management we have a situation now that safeguards the future for all of the highly-talented employees, and will maintain the fair and regulated championship competition for the second half of the season.” he said.