F1’s Racing Point Reveals Plans For New Team Factory

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Racing Point, Formula 1’s Silverstone-based team that was “saved from extinction and rebranded last summer following a cash injection from billionaire Lawrence Stroll,” has announced a brand new factory also based in Silverstone, England.

The team has not been upgraded to a new building since 1991, housing team members from Midland, Spyker and then Force India.

“It definitely shows good potential and is a solid move,” said Racing Point's Sergio Perez of the new factory, which will remain close to the famous Northamptonshire circuit. “The team is in the best position it has ever been. These things take time but [the plan for the new factory] is really encouraging. It’s nice to see that the future is looking bright for the team.”

The team plans to increase their staff from around 400 to approximately 600.

For more on Racing Point, visit racingpointf1.com.

In other F1 news, Formula 1 recently announced that 10 teams have been confirmed to compete in the 2019 Formula 1 New Balance Esports Series for the first time since its inception in 2017.

The pinnacle of motorsports confirmed that Ferrari, along with Mercedes-AMG Petronas Motorsport, Aston Martin Red Bull Racing, Alfa Romeo Racing, McLaren F1 Team, Rich Energy Haas F1 Team, Renault F1 Team, Red Bull Toro Rosso Honda, SportPesa Racing Point F1 Team and ROKiT Williams Racing will all be competing in the series through their esports teams, making this the biggest season yet.

For more information on this news story, visit here. For more on the competition, visit f1esports.com.

Image courtesy of F1

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