Racing Point to see 'substantial' change before Australian GP

Change your timezone:
Racing Point to see 'substantial' change before Australian GP
Racing Point technical director Andy Green says the financial boost the team received following Lawrence Stroll's buyout means all previous debts have now been cleared and the car will feature a "quite substantial" upgrade by the time the season-opening Australian Grand Prix arrives.
Following former owner Vijay Mallya's well documented legal troubles, the team – known previously as Force India – were unable to pay suppliers on time and were forced to enter administration shortly before last season's Belgian Grand Prix.
But Green says the team no longer has any outstanding debts, and that he's already seen "visible signs of change" since the team rebranded as Racing Point for 2019, following the Stroll-led takeover last summer.
"We've had a good change to the financials in the team," said Green. "It's cleared all the debts, which is a big help. From that point on, it's taking time for the money to turn itself into infrastructure and then car performance, these things to take time, but it's happening.

"It's happening at the pace we want it to. We're not going to expand too quickly, too fast, too soon. We're going to carry on with the same mindset that we've had for the past few years, and when we grow, we'll grow organically and get the right people who fit into the team.
"There are visible signs of change but the time it takes to start influencing the performance of the car, it's going to take some time."
Green, who has been with the team since 2011, says they are now also in a position to introduce car upgrades on a regular basis throughout the season and predicts that the package they are testing in Barcelona will change "substantially" before Melbourne.
He explained: "We're now in a position where we can bring parts to the car on a regular basis and because the development [curve] is so steep, we will, because we can't afford not to.
"[Upgrades will come] maybe not every race, but at very short intervals. We can do that now, we can start to develop more in the same way our competition has been developing forever.
Seriously tho ???? pic.twitter.com/tACV0pUtgP — SportPesa Racing Point F1 Team (@RacingPointF1) February 20, 2019
"The changes that we're going to make for Melbourne are quite substantial. It's a challenge to be tuning a car now for something that we're not going to get until Melbourne."
When asked about the challenges in preparing Racing Point's 2019 car, Green revealed that the team were forced to make some decisions assuming that they would begin the season in a much bleaker financial situation than they have.
"Some of the decisions we had to make on this car were made whilst the company was in dire straits and was going through administration," said Green.
"We didn't really know what was going to happen with the company and we had to make some quite big decisions on what we were going to do because there was a chance that the team weren't going to get the big cash injection and we were still going to have to try and get a car out with no money, so the chassis is still effectively last year's chassis.
"We had to make some decisions to ensure it gave us the best possible chance to get a car here today, assuming that the big cash injection wasn't going to happen but luckily it did."
MORE: Raikkonen, Kvyat set eye-popping pace as Williams finally get going
MORE: Williams tight-lipped on Lowe exit after FW42 delay
Recommended by the editors
Max Verstappen
Max Verstappen's F1 future takes unexpected turn after Belgian Grand Prix
Latest F1 News
Red Bull make decision on $3bn sale of F1 team
Latest F1 News
Aston Martin F1 chief releases statement after chastening Belgian Grand Prix
George Russell
George Russell down but not out as Mercedes star issues F1 war cry

Change your timezone:
Latest News
Max Verstappen's F1 future takes unexpected turn after Belgian Grand Prix
- 28 minutes ago
Toto Wolff warns George Russell he is not blameless for Mercedes woes
- 1 hour ago
F1 News Today: Lewis Hamilton deals Spa blame as Max Verstappen left speechless
- 2 hours ago
Red Bull chief reveals why team are losing staff as Max Verstappen future hangs in the balance
- 3 hours ago
Famous race track abandons F1 in favour of MotoGP
- Today 13:56
Red Bull make decision on $3bn sale of F1 team
- Today 13:10
Most read
F1 News Today: FIA boss issues Horner statement as Newey returns to Red Bull
- 10 july
Jeremy Clarkson signs with F1 team ahead of British Grand Prix
- 2 july
Max Verstappen signs for McLaren and four other F1 silly season moves
- 9 july
McLaren chief Zak Brown issues statement on Max Verstappen signing
- 1 july
FIA announce LATE demotion for F1 star at British Grand Prix
- 4 july
Max Verstappen signs deal with McLaren - but there’s a twist
- 16 july
F1 Standings
Drivers
- Lewis Hamilton
- Charles Leclerc
- Lando Norris
- Oscar Piastri
- Franco Colapinto
- Pierre Gasly
- Isack Hadjar
- Max Verstappen
- Alexander Albon
- Carlos Sainz
- Kimi Antonelli
- George Russell
- Oliver Bearman
- Esteban Ocon
- Fernando Alonso
- Lance Stroll
- Liam Lawson
- Arvid Lindblad
- Gabriel Bortoleto
- Nico Hülkenberg
- Valtteri Bottas
- Sergio Pérez
Races
-
Grand Prix of Australia 2026
-
Grand Prix of China 2026
-
Grand Prix of Japan 2026
-
Grand Prix of Bahrain 2026
-
Saudi Arabian Grand Prix 2026
-
Miami Grand Prix 2026
-
Grand Prix du Canada 2026
-
Grand Prix De Monaco 2026
-
Gran Premio de Barcelona-Catalunya 2026
-
Grand Prix of Austria 2026
-
Grand Prix of Great Britain 2026
-
Grand Prix of Belgium 2026
-
Grand Prix of Hungary 2026
-
Dutch Grand Prix 2026
-
Grand Prix of Italy 2026
-
Gran Premio de España 2026
-
Grand Prix of Azerbaijan 2026
-
Grand Prix of Singapore 2026
-
Grand Prix of the United States 2026
-
Gran Premio de la Ciudad de Mexico 2026
-
Grande Prêmio de São Paulo 2026
-
Las Vegas Grand Prix 2026
-
Qatar Grand Prix 2026
-
Grand Prix of Abu Dhabi 2026
Follow us on your favorite social media channel
Editorial & corporate information
Avenue HQ
10–12 East Parade
Leeds
LS1 2BH
United Kingdom Regional correspondence
View contact page
Realtimes Network
- Authors
- Privacy and Terms
- RSS
- Contact
- Advertise
- Android
- iOS
- Publishing principles
- Corrections policy
- Ownership & funding
- F1 Tickets
- Privacy
Copyright (©) 2017 - 2026 GPFans.com
Realtimes Network












