Racing Point Force India investor Lawrence Stroll says the team has the capacity to go to “the next level”, in the wake of the squad’s rebirth in Formula 1.
Force India entered administration last month in the wake of ongoing personal financial issues encountered by co-owner Vijay Mallya.
A consortium of investors, led by Stroll – father of Williams racer Lance – acquired the outfit, with the new ownership finalised last Thursday.
Racing Point Force India has been installed as a mid-season new entrant by the FIA, effectively replacing the Force India operation that finished fourth across 2016/17 and held sixth in this year’s table.
The team will thus start this weekend’s Belgian Grand Prix from the foot of the 10-team Constructors’ Championship.
Stroll leads the consortium of investors that includes his long-term business partner Silas Chou, Canadian entrepreneur Andre Desmarais, Jonathan Dudman of Monaco Sports and Management, fashion business leader John Idol, telecommunications investor John McCaw Jr. and financial expert Michael de Picciotto.
The Canadian believes that the reborn operation has the capability to make strides in Formula 1.
“On Monday I stood in front of the workforce at Silverstone and Brackley and applauded the achievements of this team in recent years,” said Stroll.
“The strength of any company is the people that make it up and it’s a huge privilege to begin this exciting new journey with such a talented group of men and women.
“I’ve been fortunate to establish and grow a number of successful businesses, but the opportunity to take this team forward to the next level is perhaps the most exciting challenge yet.
“Together with my fellow shareholders, we will invest in new resources and bring fresh energy to empower the workforce to continue racing at the very highest level.
“We are all passionate about motor racing; we recognise the racers’ spirit in Force India, and we are extremely motivated to make this team even more special in the years ahead.”
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