News Details

Racing Point reveal plans for new £25 million factory

Racing Point has announced plans to build a new factory at their existing Silverstone site. The cost of the project is expected to reach £25 million. After the events of last season which saw Lawerence Stroll came in to provide the financial backing, the Pink Panthers are entering a new era. Team principal Otmar Szafnauer is pleased to be able to announce the plans. "This is a new chapter, the dawn of a new era and there is huge energy from the shareholders to invest and help the team become a regular podium contender in the future," Szafnauer said. "The team has never been more stable or in better hands and this project aims to attract and retain the best staff in...
Full Story »
1y ago from GPBlog.com 0
Share

You May Also Be Interested In...

Sauber expands motorsport reach with karting team

Sauber Motorsport has expanded its presence in junior racing further...
1y ago from MotorsportWeek.com

Racing Point: We were there to pick up the pieces

Racing Point suffered at the Bahrain Grand Prix, neither of their drivers...
1y ago from GrandPrix247.com

Racing Point seeking to unlock new aero package...

Bahrain Grand Prix – Racing Point team boss Otmar Szafnauer says...
1y ago from FormulaSpy.com

Racing Point to get 'better indication' of performance...

© XPB  Phillip van Osten 28/03/2019 at 11:1928/03/2019 at 09:34...
1y ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

Dorna will 'help' Cal Crutchlow find MotoGP ride in...

Carmelo Ezpeleta, CEO of MotoGP promoters Dorna Sports, says his...
4h ago from AutoSport.com

Petrucci 'amazing input' for KTM, 'everything Pedrosa...

Brad Binder has praised KTM's decision to sign Danilo Petrucci for the...
1d ago from Crash.net

Binder: Motocross will bite one day, Misano test...

Brad Binder is one of the many MotoGP riders using motocross as a key...
1d ago from Crash.net

Popular On IndyCarToday.com

VeeKay ‘super happy’ after impressive run in...

2020 NTT IndyCar series rookie Rinus VeeKay had an incredible bounce-back...
15h ago from MotorsportWeek.c...

MECHANIC: Blair Julian, lights to flag with Scott Dixon

If Scott Dixon is the most successful driver of the modern IndyCar era,...
1d ago from SpeedCafe.com

Popular On TotalWRC.com

2020 WRC Set for September Return

The 2020 FIA World Rally Championship is set to get back underway after a...

WRC season to resume with Rally Estonia later this year

The paused 2020 World Rally Championship finally has a date for when its...

Rally DirtFish Officially Cancelled

Rally DirtFish has been cancelled following the confirmation that Rally...

Popular On GunnersToday.com

Arsenal told they shouldn't have signed £72m Nicolas...

Arsenal told they shouldn't have signed £72m Nicolas Pepe because...
6h ago from Express.co.uk

Arsenal would love to sell Mesut Ozil this summer as...

Arsenal would love to sell Mesut Ozil this summer if there was a buyer...
6h ago from Express.co.uk

Monday's papers: Lionel Messi, Thiago Alcantara, Kai...

What the papers say Thiago Alcantara is reportedly "desperate"...
3h ago from SportsMole.co.uk

Rumour Has It: PSG agree to let Neymar return to...

Paris Saint-Germain have reportedly agreed to let Neymar return to...
2h ago from SportsKeeda.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.