Published 11/13/2020, 4:17 AM EST. Formula One F1 – Eifel Grand Prix – Nurburgring, Nurburg, Germany – Racing Point’s Sergio Perez in action during practice Pool via REUTERS/Ina Fassbender. Racing Point are set to morph into Aston Martin works team for the 2021 Formula 1 season, following a significant investment into the iconic British automobile brand by a consortium led by Racing Point’s current owner, Lawrence Stroll. Racing Point's enduring struggles in the 2019 Formula 1 season are a 'bit of a legacy' of its financial difficulties in its former Force India identity Racing Point has launched its first car Formula One since officially changing the name of its team from Force India. Even if that is to make way for a four-time World Champion, Sebastian Vettel, is it the right move for the team? Recommended YOU MIGHT ALSO LIKE Aston Martin Caught in Legal Battle Over “Flawed” Force India F1 Deal: REPORTS. Racing Point, formerly known as Force India has earned a reputation in F1 for scoring the maximum points with minimum investment. SHARE THIS ARTICLE : Although the acquisition of Force India involved inheriting the £15 million debt, Lance Stroll already had the basics of an F1 team at the tip of his fingers. F1 Force India Racing Point . After seven years at Racing Point, formerly Force India, Sergio Perez has been dropped from the 2021 line-up. Luke Smith weighs up the consequences. No Formula 1 team has existed in so many guises as the Silverstone-based squad that joined the F1 grid as Jordan in 1991. Marcus Ericsson, Sauber F1 Team, C37 . Sergio Pérez (Racing Point Force India F1 Team, VJM11), Romain Grosjean (Haas F1 Team, VF18) and Fernando Alonso (McLaren Renault, MCL33) Daniel Ricciardo, Red Bull Racing, RB14 . Renamed Racing Point Force India, and as a new team officially, they re-entered midway through the 2018 Formula One season and achieved 7th position in the Constructors' Championship. The team would like to regain that lost form heading into 2020. Racing Point Force India Formula One Team was the title under which Racing Point UK made a late entry into the 2018 Formula One World Championship.The team used the constructor name "Force India", competed under a British licence and was based in Silverstone, United Kingdom. Spyker team (formerly MF1, 2006, and Jordan, 1991-2005) is bought in October by a consortium headed by Indian billionare Dr Vijay Mallya and renamed 'Force India' for the 2008 season. The first sign of change came in the form of the team name, when Sahara Force India was rebranded to, Racing Point Force India. It’s now in its sixth incarnation as Aston Martin, following intervening periods as Midland, Spyker, Force India and Racing Point, and has entered a total of 536 grands prix with 41 different drivers.
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