In an ‘exclusive’ story by SportBusiness.com released just a few hours ago, claim to have an inside source, revealing the colours for the 2019 Racing Point team.
Formerly known as Force India, Racing Point was bought out and rebranded by Canadian billionaire Lawrence Stroll in August last year.
The original story broke on racefans.net on the 21st January, claiming a new sponsorship deal between Racing Point and Kenyan bookmakers SportPesa. A betting brand that have recently expanded outside of Africa to the UK and Isle of Man.
SportPesa is understood to be paying $8 million for its first year followed by $10m in 2020 and a further $12m if they remain for 2021 say Racefans.net.
Further, a few days ago it wasn’t well understood where current main sponsor BWT stood within this framework, and whether they’d stay with the team as principal sponsor going forward.
SportBusiness claim this evening that their source has exclusively revealed to their reporter Matthew Glendinning that Racing Point will be running the blue colours of SportPesa along with Pink, similar to what we saw with BWT.
If true, then this could point to a continuation with BWT but also sharing a degree of exposure with SportPesa.
Pat Symonds on the 2021 regulations
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