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Szafnauer: Well-heeled Racing Point 'very careful' to preserve efficiency

Racing Point boss Otmar Szafnauer admits the team is now well endowed, but a solid financial foundation won't keep the outfit from running its operations as efficiently as possible. The ex-Force India concern endured a near-death experience last summer, and was saved from a painful demise by a consortium of investors led by billionaire Lawrence Stroll. The rescue operation led to a new identity - Racing Point - and especially to a new and much improved financial condition, where adequate resources have brought the team a new foundation from which to prosper. Racing Point F1 to change name again before 2019 season! However, being flush with cash won't mean that the pink outfit will spend...
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11mo ago from F1i.com 0
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