RE: Is this just a plan to finance Lawrence's F1 team?1 Dec 2020 19:29
The F1 team is self funding... Racing Point are well known for overperfomlng their budget now, never mind from next year on when a budget cap comes into force - at a level significantly below what the teams income usually is.
My view is that Stroll & Co are using the F1 team's potential as the ultimate advertising billboard at a bargain price due to running them, both. Because the £20 mill I believe that AML is paying, for naming/branding rights of a podium contending F1 team and all the advertising, frills, customer schmoozing and brand loyalty that comes with that, is ridiculously 'cheap'.