The Racing Point name will disappear from Formula 1 completely in 2021 when the team’s Aston Martin deal takes effect.
The team naming plan was not fully confirmed when the Aston rebranding was announced in late January, but in an interview released by the team its chief operating officer Otmar Szafnauer made clear that the Racing Point brand would not be retained in any way.
“There’s no immediate impact on our current campaign and we will continue to compete as Racing Point until the rebrand takes place at the start of the 2021 season,” he said.
“From then we will be known simply as ‘Aston Martin F1 Team’ – so the Racing Point name will disappear.”
Racing Point owner Lawrence Stroll led a consortium that will invest £182million to acquire a 16.7% stake in Aston Martin Lagonda, with interest in increasing that to 20%
Szafnauer said it would be clear that the project was a “fully-fledged” works team.
“It’s exciting to transition into a manufacturer team and we’ve got the best part of a year to make all those changes – much of which will be happening behind-the-scenes,” he added.
“It’s important we don’t take our eyes off the main task for 2020, which is to be competitive on the racetrack with the RP20.”