FREE NEWSLETTER

Racing Point to become Aston Martin Racing in 2021

31 January 2020

F1 team Racing Point is set to become Aston Martin Racing for the 2021 Formula 1 season after Racing Point owner, Lawrence Stroll, made a significant investment into the British marque.

The Canadian billionaire’s consortium has taken a 20 per cent stake in Aston Martin at the cost of £182m. The Formula 1 team will undergo its re-brand ahead of the 2021 season, when a host of new regulations come into effect. Stroll is also set to become the executive chairman of Aston Martin.

Currently Aston Martin’s involvement with Formula 1 extends as far as being the title sponsor or Aston Martin Red Bull Racing, a deal which will continue until the end of the upcoming 2020 season. However, the company has confirmed that work will still continue on the Aston Martin Valkyrie, which was designed by Red Bull chief technical officer, Adrian Newey.

The move comes a year and a half after Stroll’s consortium took over the struggling Force India outfit, which was rebranded as Racing Point at the start of the 2019 season, with drivers Sergio Perez, and Stroll’s son, Lance.

The re-brand will see the Aston Martin name return to Formula 1 as a works team for the first time in 60 years, when the company started five championship races in 1959-1960, although the team will no doubt be looking to improve on its record, with a pair of sixth places its best results.

Partners

Latest issue

FREE Newsletter

Stay up to date and a chance to win 1 Years Subscription*

  • This field is for validation purposes and should be left unchanged.

Latest Tweets

Stay up to date with our social world

RACE TECH magazine @RaceTechmag
23 Jul
Sign up to our newsletter to get a FREE digital issue and stay up to date with the latest industry news, reviews an… https://t.co/fXceofLzbL
RACE TECH magazine @RaceTechmag
23 Jul
Sign up to our newsletter to get a FREE digital issue and stay up to date with the latest industry news, reviews an… https://t.co/JeD071A4x3
RACE TECH magazine @RaceTechmag
23 Jul
F1 plays its trump card with new car, new culture - https://t.co/sGDYqqi0wg https://t.co/pcRR7BbJ8D
RACE TECH magazine @RaceTechmag
22 Jul
Mugello tops new sustainability index - https://t.co/Jm7dnrQ4Gx https://t.co/TElJU3g2gx
RACE TECH magazine @RaceTechmag
21 Jul
Latest issue out now! ✅ MONSTERS ON A MISSION: the @fia mission to transform the road haulage industry through… https://t.co/sV8FTVIRoy
RACE TECH magazine @RaceTechmag
17 Jul
August issue is out now & FREE online here for a limited time only! https://t.co/zA57JXXBs0 @F1 clamp down on flexi… https://t.co/zwOiSCOpTZ
RACE TECH magazine @RaceTechmag
17 Jul
RACE TECH magazine @RaceTechmag
16 Jul
As @F1 introduces new measures to clamp down on teams running flexible wings, we quiz our Expert Witness on a subje… https://t.co/XWbsjQMOs8