Racing Point F1 has been under the global spotlight a lot in the 2020 season. From cheating allegations to a new sponsor to the acquisition of one of the greatest drivers of all time, Racing Point seems to be on the upward move. But where did they come from? Only a few years ago they were trailing the middle pack of teams. What are they doing that other teams like Renault and Mclaren aren’t? Let’s find out…
The Origins of Racing Point F1 can be traced back to a team called Jordan Grand Prix back in 1991. The team was named after Irish Businessman Eddie Jordan, and was largely unsuccessful. They had a few podiums and only 2 pole positions, and their finances were always on the edge. So in 2005, Jordan Grand Prix was sold to Midland Group for $60 million.
Midland Racing was a team for just one season, and it was a lackluster season at that. They raced under the Midland name for only 18 races and rarely made it out of Q3. They were clearly behind the middle pack, and eventually rebranded in the middle of the season to become Spyker F1. Their best finish was 9th place, and from thenceforth would be known as Spkyer F1.
Spyker F1 was yet another short lived name given to the once mediocre Jordan Grand Prix team. Spyker paid just over $106 million for the team, the team which only 2 years prior was sold for just $60 million. They got rid of their Toyota engines for the preferred Ferrari racing engines. The season was very poor, just as Midland’s had been. They scored only 1 point and were 10th in the constructors championship.
Just a note, I think it would have been cool to see Spyker succeed in F1. They are a little-known supercar maker, and it would have been awesome to see them use technology from F1 in their car, the C8.
After Spyker F1, the team changed to a name that you may now be familiar with. Force India bought Spyker F1 for $103 million dollars after the 2007 season. The maiden season for Force India ended terribly, as their best finish was 10th and they finished the constructors championship in 10th also. But the 2009 season brought changed that altered the trajectory of Force India. Force India ditched the Ferrari engine for the new Mercedes engine and they started to gain traction. They finished with 13 points and in 9th ahead of Toro Rosso. Now this might not sound impressive, but it shows tremendous growth over just one year.
2010 saw even more progress for the Force India team. They finished 7th with 68 points, only 1 point away from Williams in 6th. Their best finish was 5th at the Belgium Grand Prix. 2011-2017 saw a slow but steady progression from 7th and 6th place finishes to being 4th in the constructors championship. Then in 2018, they took a nosedive when they ended 7th in the constructor’s championship. The team was put on administration, but was saved when Lawrence Stroll and company bought out Force India’s assets.
Racing Point saw a dismal but consistent 2019, as they finished 7th overall. Sergio Perez managed points finishes in every race except one, largely helping them lock down 7th. But 2020 is where the racing point story really took off…
In preseason training, fans took notice to the similarities between the 2019 Mercedes and the 2020 RP20. The Austrian Grand Prix seemed to only increase concern that Racing didn’t make their car at all. A formal complaint was launched against Racing Point by Renault. The complaint was successful, but Racing Point got away with a slap on the wrist.
What do you think about Racing Point? Let us know below, are they legit or just good at copying blueprints?