Racing Point: There is no exit clause in Stroll's F1 contract

Racing Point says that Lance Stroll’s future with the Formula 1 team was never in danger, even when it knew Sebastian Vettel was available.

Racing Point: There is no exit clause in Stroll's F1 contract

On Thursday, the Silverstone-based outfit announced that Vettel would be replacing Sergio Perez for 2021, the first year under its new Aston Martin moniker.

The decision came after months of speculation about Perez potentially being dropped, with some even suggesting that teammate Stroll could be replaced if his performance did not come up to scratch.

But team principal Otmar Szafnauer said at Mugello on Friday that Stroll’s family link, with his father Lawrence owning the outfit, plus the wording of his contract, meant there was no chance of the Canadian being replaced.

Lance has been with us for a couple of years,” said Szafnauer. “He's a young man at 21 years old. And yeah, his father does own the team.

So when we look to make a driver change because Sebastian became available, it would have been Checo. There are options in his contract, and those options didn't exist for Lance.”

"Lance is still young and only in his second season with this team. He’s in the ascendancy, enjoying his strongest year in the sport so far and sits fourth in the championship off the back of a podium.

"And there is more potential to come. He’s clearly demonstrating his talent and is fully deserving of his place alongside Sebastian next year."

Szafnauer said that Racing Point knew that dropping Perez meant it would lose some of his obvious benefits, but ultimately it felt Vettel’s success and experience was better for its long term future.

[Sergio] knows the team well,” he said. “He's got loads of experience. He's a tenacious racer come Sunday. He's a good qualifier, rarely makes mistakes, and brings on the points.

If there's a sniff of a podium, he's usually there. So yeah, we are giving away quite a bit. And I wish Checo best of luck, and he deserves to be in Formula 1. I hope that he can find a spot and we'll race against him next year.”

Read Also:

As Racing Point prepares for its future as Aston Martin, Szafnauer said he felt the outfit’s increased competitiveness justified it investing in someone like Vettel.

With Aston Martin coming in and a bit of financial backing behind the team, [we've] a new factory happening in Silverstone, improving the team, adding 20% more personnel,” he said.

We've got some infrastructure too that we're embarking on to make us go faster. And therefore, a driver like Sebastian, who brings with him the experience of winning four world championships and 53 races, can only be beneficial for us.

He will help us take that next step that we all need to take in the coming years, such that we can consistently race among the top three or top four teams.”

shares
comments

Related video

Racing Point: Perez was "kept aware" of talks with Vettel

Previous article

Racing Point: Perez was "kept aware" of talks with Vettel

Next article

Tuscan GP practice as it happened

Tuscan GP practice as it happened
Load comments
How the pitstop rules change has left F1 teams scrambling Prime

How the pitstop rules change has left F1 teams scrambling

The technical directive issued by Formula 1 to reduce levels of automation in pitstops has given teams an unwelcome period of adjustment. Although safety was the primary goal, it has already had a significant impact on the title race and puts extra pressure on teams to deliver as the season reaches the business end

How the pandemic is continuing to bite F1 Prime

How the pandemic is continuing to bite F1

Uncertainty over the shape of the calendar doesn’t just vex the fans and the commercial rights holder. MARK GALLAGHER explains at how race promoters have been pushed to the financial brink

Russian Grand Prix driver ratings Prime

Russian Grand Prix driver ratings

The 2021 Russian GP was decided by late-arriving rain that allowed some to climb and caused others to plummet. But the events which played out beforehand are equally significant when considering the all-important driver ratings

Formula 1
Sep 27, 2021
The "blind faith" Mercedes call that won Hamilton his 100th F1 race Prime

The "blind faith" Mercedes call that won Hamilton his 100th F1 race

Until rain turned the Russian Grand Prix on its head in the closing stages, Lando Norris was set to convert his first Formula 1 pole position into a maiden win. But having recovered well from being shuffled back at the start, Hamilton and his Mercedes team called the changing conditions spot-on for a landmark 100th F1 victory

Formula 1
Sep 27, 2021
Why momentum is again behind Australia's aces Prime

Why momentum is again behind Australia's aces

At the Italian Grand Prix Daniel Ricciardo turned around a troubled F1 season and, in F2, Oscar Piastri demonstrated once again that he is a potential star of the future. BEN EDWARDS weighs up the prospects of F1 having two Australian stars

Formula 1
Sep 26, 2021
The tough balancing act facing Schumacher’s Netflix film producers Prime

The tough balancing act facing Schumacher’s Netflix film producers

Michael Schumacher is the latest sporting superstar to get the ‘Netflix treatment’, with a special documentary film airing on the US streaming giant’s platform this month. DAMIEN SMITH has the inside track on how the filmmakers gained access to tell the human story behind one of Formula 1’s most publicity-shy champions - while the man himself, for obvious reasons, is in absentia… 

Formula 1
Sep 25, 2021
Why Verstappen should be confident of Russian GP recovery Prime

Why Verstappen should be confident of Russian GP recovery

For the second race in a row, Mercedes has ended the first day of track action on top. It’s in a commanding position at the Russian Grand Prix once again – this time largely thanks to Max Verstappen’s upcoming engine-change grid penalty. But there’s plenty to suggest all hope is not lost for the championship leader at Sochi...

Formula 1
Sep 24, 2021
Why dumping the MGU-H is the right move for F1 Prime

Why dumping the MGU-H is the right move for F1

OPINION: With its days apparently numbered, the MGU-H looks set to be dropped from Formula 1’s future engine rules in order to entice new manufacturers in. While it may appear a change of direction, the benefits for teams and fans could make the decision a worthwhile call

Formula 1
Sep 23, 2021