Stroll wants Racing Point to be "one of the greatest" in F1

Racing Point team owner Lawrence Stroll wants his outfit to use Formula 1's planned 2021 overhaul to become "one of the greatest teams in the paddock".

Stroll wants Racing Point to be "one of the greatest" in F1

Stroll led a consortium that bought Force India's assets in the summer, following the team's fall into administration, and was granted an entry from the Belgian Grand Prix onwards under a new identity.

Racing Point has the same human resources as the Force India outfit that secured fourth in the constructors' championship in 2016 and 2017, but is armed with fresh funding and a secure future.

Stroll wants F1's hoped-for commercial and regulatory revolution in 2021 to facilitate major success for his team.

"Short-term, we want to stay fighting where we are," Stroll said in an interview with Formula1.com. "Medium-term, we want to try and fight for third, instead of fourth.

"Long-term, when all the rules, change, hopefully we will be one of the greatest teams in the paddock."

Stroll has received some criticism for his role in saving Force India on the grounds he did so to give his son Lance a drive, and consequently forced highly-rated Mercedes protege Esteban Ocon onto the sidelines.

However, Stroll said he "never planned" to buy a team, and claimed it was only F1's wider vision that made him think it would be worthwhile.

He said: "I looked at it as a business opportunity, coupling that with spending time speaking to F1 to understand their vision from 2021, which is some sort of budget cap and some sort of a better revenue distribution to the smaller teams.

"That makes great business sense for a company like this, as this is the model of direction closer to where the future will go.

"I've been around the sport for 30 years. There's only 10 teams and if you look at the value of the franchise, whether it be NFL, UK rugby or football, the value of an asset like this, treated properly, cherished over time significantly appreciates.

"I think the same thing will happen here."

The team will field the younger Stroll, who has moved across from Williams, alongside experienced podium finisher Sergio Perez.

Team principal Otmar Szafnauer and technical director Andrew Green, two of Force India's long-time spearheads, will lead Racing Point's push, but Stroll will also be "very involved".

"It already has great leadership and management in the team," Stroll added. "They have been doing this for a long time and doing a great job. So, it's about supporting them.

"Number two, it's about putting financial stability in place."

Lawrence Stroll, Racing Point Force India F1 Team Owner

Lawrence Stroll, Racing Point Force India F1 Team Owner

Photo by: Jean Petin / Sutton Images

shares
comments
Honda must understand reality of F1 – Brawn

Previous article

Honda must understand reality of F1 – Brawn

Next article

How Schumacher escaped his Jordan deal

How Schumacher escaped his Jordan deal
Load comments

About this article

Series Formula 1
Teams Racing Point Force India
Author Scott Mitchell
How long can Verstappen and Hamilton keep it clean? Prime

How long can Verstappen and Hamilton keep it clean?

Lewis Hamilton and Max Verstappen have been evenly matched so far in the 2021 Formula 1 title race. Neither has been afraid to get aggressive against each other on track, teeing up an enthralling contest as the year unwinds. But how long will their battle remain clean? Jonathan Noble ponders that exact point

Formula 1
May 13, 2021
How Brabham’s one-hit wonder was boxed into a corner Prime

How Brabham’s one-hit wonder was boxed into a corner

The Brabham BT46B raced once, won once, then vanished – or did it? STUART CODLING reveals the story of the car which was never actually banned…

Formula 1
May 11, 2021
The changes Barcelona needs to provide a modern-day F1 spectacle Prime

The changes Barcelona needs to provide a modern-day F1 spectacle

Formula 1’s visits to Circuit de Barcelona-Catalunya over recent years have been met with familiar criticisms despite tweaks here and there to the track to improve racing. With the 2021 Spanish Grand Prix largely going the same way, proper solutions need to be followed to achieve F1’s wider targets

Formula 1
May 10, 2021
Spanish Grand Prix Driver Ratings Prime

Spanish Grand Prix Driver Ratings

Often described as Formula 1's laboratory, the Circuit de Catalunya-Barcelona gave the clearest demonstration yet of the pecking order in 2021. And it's the key discrepancies from that order which illuminate who is excelling, and who needs to hit the reset button.

Formula 1
May 10, 2021
How Red Bull's deja vu set Hamilton on the winning path in Spain Prime

How Red Bull's deja vu set Hamilton on the winning path in Spain

An aggressive first corner move from Max Verstappen appeared to have set the Red Bull driver on course for victory in the Spanish Grand Prix. But canny strategy from Mercedes - combined with the absence of Red Bull's number two from the lead group - allowed Lewis Hamilton to pull off a demoralising reversal

Formula 1
May 10, 2021
The Barcelona practice times that prove Red Bull has hidden pace Prime

The Barcelona practice times that prove Red Bull has hidden pace

Lewis Hamilton led the way in Friday practice for the 2021 Spanish Grand Prix, but there was one major encouraging sign for Red Bull. However, making good on that gain will require Max Verstappen to avoid repeating a mistake that left him well down the FP2 order...

Formula 1
May 7, 2021
Why McLaren doesn’t doubt Ricciardo can escape his ‘dark’ place Prime

Why McLaren doesn’t doubt Ricciardo can escape his ‘dark’ place

Three points finishes from as many starts represents a decent opening innings on paper, but Daniel Ricciardo has endured a tough start to his McLaren career - only magnified his teammate's excellent form. Yet both he and the team have good reason to expect a turnaround soon.

Formula 1
May 6, 2021
What needs to “change” for Red Bull is ending Verstappen’s errors Prime

What needs to “change” for Red Bull is ending Verstappen’s errors

OPINION: Going up against the dominant force of Mercedes and Lewis Hamilton was always going to demand the best from Red Bull and Max Verstappen. But after making a couple more errors during the Portuguese Grand Prix, the Dutch driver showed there's a small gap he still needs to close in the 2021 Formula 1 title fight.

Formula 1
May 5, 2021