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

Bosch logo
SADEV
AVL

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
27 Feb
Speedworks to enter Supra in British GT championship https://t.co/JnRhEu8i9U
RACE TECH magazine @RaceTechmag
26 Feb
KTM presents GT2 Class project for SRO race series https://t.co/tefz26SLmZ
RACE TECH magazine @RaceTechmag
25 Feb
Pirelli reduces tyre development time with new VI-grade STATIC simulator https://t.co/MuvOuD5KeU
RACE TECH magazine @RaceTechmag
14 Feb
Toyota GR Supra GT4 - straight to the race track https://t.co/91babi9u0i
RACE TECH magazine @RaceTechmag
10 Feb
RACE TECH magazine @RaceTechmag
5 Feb
COMP Cams acquired by private equity firm https://t.co/VPIuMKS295
RACE TECH magazine @RaceTechmag
5 Feb
Prodrive enters joint venture with Bahrain to enter Dakar in 2021 https://t.co/NRosx7WTbC
RACE TECH magazine @RaceTechmag
5 Feb
CGI images show new-look Gen2 EVO Formula E https://t.co/uNhnxxD68U