Racing Point will bounce back, says
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[August 07, 2019]
By Alan Baldwin
LONDON (Reuters) - Racing Point
principal Otmar Szafnauer says it is only a matter of time before
the team, successors to now-defunct Force India, get back to being
best of the rest behind Formula One's big three.
If the standings question such optimism, with the Canadian-owned
outfit languishing eighth out of 10 going into the August break
after 12 of 21 races, the American has plenty of perspective.
He has been to the brink and back, as chief operating officer of a
Force India team that punched above their weight to finish fourth in
2016 and 2017 before last year running out of money.
"We'll get there," Szafnauer told Reuters at last weekend's
Hungarian Grand Prix. "We have the same people, the same process,
even better tools and more funding so it's just a matter of time.
"The second half of the season should be a lot closer to where we’ve
been in the past," he added. "Renault had better watch out."
Renault's well-funded manufacturer team, fourth last year, are now
sixth and only eight points ahead.
This time last year, Szafnauer announced that Force India had been
rescued by Canadian billionaire Lawrence Stroll and investors in a
deal that saved 405 jobs and kept the Silverstone-based team on the
The Vijay Mallya-owned team had gone into administration with only
240,000 pounds ($292,056) left and gross wages of 2.2 million due at
the end of the month. Keeping the staff on board through the crisis
"The run-up to that (salvation) could have been where everybody said
‘you know what, I’ve had enough. I’m out of here’," recalled
Szafnauer. "Leading up to it a lot of people had all sorts of
opportunities and we all stuck together."
Racing Point Force India, the name shortened this season, finished
2018 seventh overall despite starting from scratch after Hungary as
a new team.
Szafnauer would not rule out fourth as a target even for 2019,
however much of a tall order that seems with McLaren there already
and pulling away.
"I still think its possible but it’s difficult," said Szafnauer.
"Not because we’re that far away, but because the competition in the
midfield is really intense and we’re really only fighting for a few
points or tenths.
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Racing Point Team Principal Otmar Szafnauer REUTERS/Anton Vaganov
"If the top three teams do what they should do, the top six (race)
positions are gone. You’re only fighting for a handful of points and
there’s a lot of us in that midfield that could get that handful."
Mexican Sergio Perez and Stroll's son Lance drew a blank last
weekend and Racing Point are 51 points behind McLaren but only 12
adrift of fifth placed Toro Rosso.
Szafnauer said the situation was still in line with expectations,
even if the tally was flattered by Stroll's surprise fourth in a
chaotic German Grand Prix.
"We took such a hit last year because of the difficulties that we
had," he said. "We were on the back foot because when we were making
decisions back in May and June (2018) about this year’s car, we had
"So we compromised this year’s car and I didn’t really understand
the impact of those compromises until this year.
"Now we’re trying to unravel some of those things because we do have
funding that we can spend on performance, which is what we’re
Szafnauer indicated Perez would stay next year alongside Stroll, who
was at Williams last season: "I don’t think so," he said, when asked
whether he envisaged a change.
"Lance is young and learning, has a lot of potential. It’s a totally
different team for him and that takes time to gel with everybody and
settle in but that’s happening at a good rate.
"We’re teaching him things about how we go about our business and
Sergio is helping with that. Sergio’s been here a long time so I
think it’s a good mix, a good combination."
The team boss had no plans to move on either, despite interest from
"I want to see this place succeed and do better than it has in the
past," he said.
(Reporting by Alan Baldwin, editing by Amlan Chakraborty)
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