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AMR GP
AMR GP, officially AMR GP Limited (formerly Racing Point UK Limited) is a British company that owns and operates the Aston Martin F1 Team, a Formula One racing team based in Silverstone, England. The company was established in August 2018 to buy the Formula One racing assets of the financially stricken Force India Formula One Team. Following its acquisition of the team assets just before the 2018 Belgian Grand Prix, it competed in that race, and for the rest of the 2018 season, as the Racing Point Force India Formula One Team, continuing to use the constructor's title of Force India. For the 2019 season the team was renamed to Racing Point F1 Team and went onwards competing with Racing Point as its constructor's title, until the rebranding of the team into Aston Martin in 2021.
On 27 July 2018, the Formula One entrant Force India was placed into administration following team owner Vijay Mallya's legal issues. The Silverstone-based team can trace their origins back to Jordan Grand Prix, founded in 1991.
By 2 August 2018, an investment consortium led by Lawrence Stroll, the father of then Williams driver Lance Stroll, and which included André Desmarais, Jonathan Dudman, John D. Idol, John McCaw Jr., Michael de Picciotto and Silas Chou, and supported by the team's senior management personnel, had set up a new company, Racing Point UK Limited, to use as a vehicle to save the team. By 23 August 2018, the new company had reached an agreement with the administrators to buy the team's motor racing assets and to secure the jobs of the 400 employees who worked in the team. The new company created a new constructor with the assets and entered the sport prior to the 2018 Belgian Grand Prix, taking the vacated entry of the original Force India team.
The personnel roles remained largely unchanged in the new team, other than that of Bob Fernley, who stood down from his Force India role of deputy team principal, and Otmar Szafnauer who became team principal and CEO after having been chief operating officer with Force India since 2010.
On 23 August 2018, the F1 governing body, the Fédération Internationale de l'Automobile (FIA) reached an agreement with Racing Point UK that they could take over the Force India 2018 season championship entry, but they would not inherit any of Force India's 59 points or the prize money that they had accrued so far in the season. So, as the Racing Point Force India Formula One Team and using the constructor name Force India, the team entered its first Grand Prix, the 2018 Belgian Grand Prix which took place on 26 August 2018, with zero points.
The original Force India's two drivers, Sergio Pérez and Esteban Ocon, remained with the team and were able to continue their challenge for the drivers' championship, keeping all the points that they had already won in the season.
The Racing Point Force India Formula One Team competed in the last nine Grands Prix of the season, amassing 52 points, and finishing seventh overall in the 2018 constructors' championship.
In November 2018, the company changed the name of its team to Racing Point F1 Team and the constructor name to Racing Point when it registered its 2019 entries with the FIA. SportPesa became the team's title sponsor, and Esteban Ocon was replaced by Lance Stroll in the team's driver lineup. In 2020, BWT became the new title sponsor of the team. At the 2020 Sakhir Grand Prix, Pérez gave Racing Point their first win as a constructor and as a legal entity while Stroll also finished on the podium with his 3rd-place finish. This was the first time any incarnation of the team had won a race since Jordan won the 2003 Brazilian Grand Prix. It was the fifth Grand Prix victory for any incarnation of the team.
AMR GP
AMR GP, officially AMR GP Limited (formerly Racing Point UK Limited) is a British company that owns and operates the Aston Martin F1 Team, a Formula One racing team based in Silverstone, England. The company was established in August 2018 to buy the Formula One racing assets of the financially stricken Force India Formula One Team. Following its acquisition of the team assets just before the 2018 Belgian Grand Prix, it competed in that race, and for the rest of the 2018 season, as the Racing Point Force India Formula One Team, continuing to use the constructor's title of Force India. For the 2019 season the team was renamed to Racing Point F1 Team and went onwards competing with Racing Point as its constructor's title, until the rebranding of the team into Aston Martin in 2021.
On 27 July 2018, the Formula One entrant Force India was placed into administration following team owner Vijay Mallya's legal issues. The Silverstone-based team can trace their origins back to Jordan Grand Prix, founded in 1991.
By 2 August 2018, an investment consortium led by Lawrence Stroll, the father of then Williams driver Lance Stroll, and which included André Desmarais, Jonathan Dudman, John D. Idol, John McCaw Jr., Michael de Picciotto and Silas Chou, and supported by the team's senior management personnel, had set up a new company, Racing Point UK Limited, to use as a vehicle to save the team. By 23 August 2018, the new company had reached an agreement with the administrators to buy the team's motor racing assets and to secure the jobs of the 400 employees who worked in the team. The new company created a new constructor with the assets and entered the sport prior to the 2018 Belgian Grand Prix, taking the vacated entry of the original Force India team.
The personnel roles remained largely unchanged in the new team, other than that of Bob Fernley, who stood down from his Force India role of deputy team principal, and Otmar Szafnauer who became team principal and CEO after having been chief operating officer with Force India since 2010.
On 23 August 2018, the F1 governing body, the Fédération Internationale de l'Automobile (FIA) reached an agreement with Racing Point UK that they could take over the Force India 2018 season championship entry, but they would not inherit any of Force India's 59 points or the prize money that they had accrued so far in the season. So, as the Racing Point Force India Formula One Team and using the constructor name Force India, the team entered its first Grand Prix, the 2018 Belgian Grand Prix which took place on 26 August 2018, with zero points.
The original Force India's two drivers, Sergio Pérez and Esteban Ocon, remained with the team and were able to continue their challenge for the drivers' championship, keeping all the points that they had already won in the season.
The Racing Point Force India Formula One Team competed in the last nine Grands Prix of the season, amassing 52 points, and finishing seventh overall in the 2018 constructors' championship.
In November 2018, the company changed the name of its team to Racing Point F1 Team and the constructor name to Racing Point when it registered its 2019 entries with the FIA. SportPesa became the team's title sponsor, and Esteban Ocon was replaced by Lance Stroll in the team's driver lineup. In 2020, BWT became the new title sponsor of the team. At the 2020 Sakhir Grand Prix, Pérez gave Racing Point their first win as a constructor and as a legal entity while Stroll also finished on the podium with his 3rd-place finish. This was the first time any incarnation of the team had won a race since Jordan won the 2003 Brazilian Grand Prix. It was the fifth Grand Prix victory for any incarnation of the team.