The team's origins stemmed from the Jordan Grand Prix team, which entered Formula One racing in based at the Silverstone racing circuit. Jordan enjoyed many years in Formula One, winning four races and achieving third place in the Constructors' Championship. However, like many of the smaller teams in the 2000s, financial problems meant the team's performance dried up, and team owner Eddie Jordan sold the team to the Midland Group in early 2005. The Midland-owned team, renamed Midland F1 Racing in 2006, spent two seasons at the back of the grid, before owner Alex Shnaider sold the team to Spyker Cars midway through the season. Spyker F1 scored a point in 2007 and briefly led the ; despite this, the team once again hit financing issues, and was sold on to Indian businessman Vijay Mallya, then-chairman of the United Breweries Group, and Michiel Mol, Spyker's Formula One Director. The team, bought for €88 million, was renamed Force India F1 for the 2008 season, and retained team principal Colin Kolles, Chief Technology OfficerMike Gascoyne, and driver Adrian Sutil. On 27 July 2018, after running Force India Formula One Team for eleven seasons, Force India Formula One Team Limited was placed into administration. By 2 August 2018 an investment consortium led by Lawrence Stroll, the father of former Williams driver Lance Stroll, and which included André Desmarais, Jonathan Dudman, John D. Idol, John McCaw Jr., Michael de Picciotto and Silas Chou, and supported by the team's senior management personnel, had set up a new company, Racing Point UK Limited, to use as a vehicle to save the team. By 23 August 2018, the new company had reached an agreement with the administrators to buy the team's motor racing assets and to secure the jobs of the 400 employees who worked in the team. The new company created a new constructor with the assets and entered the sport prior to the 2018 Belgian Grand Prix, taking the vacated entry of the original Force India team. The personnel roles remained largely unchanged in the new team, other than that of Robert Fernley, who stood down from his Force India role of deputy team principal, and Otmar Szafnauer who became team principal and CEO after being chief operating officer with Force India since 2010.
2018 Formula 1 season
On 23 August 2018, the F1 governing body, the Fédération Internationale de l'Automobile reached an agreement with Racing Point UK that they could take over the Force India 2018 season championship entry, but they would not inherit any of Force India's 59 points or the prize money that they had accrued so far in the season. So, as the Racing Point Force India Formula One Team and using the constructor name Force India, the team entered its first Grand Prix, the 2018 Belgian Grand Prix which took place on 26 August 2018, with zero points. The original Force India's two drivers, Sergio Pérez and Esteban Ocon, remained with the team and were able to continue their challenge for the drivers' championship, keeping all the points that they had already won in the season. The Racing Point Force India Formula One Team competed in the last nine Grands Prix of the season, amassing 52 points, and finishing seventh overall in the 2018 constructors' championship.
2019 Formula 1 season
In November 2018, the company changed the name of its team to Racing Point F1 Team and the constructor name to Racing Point when it registered its 2019 entries with the FIA and they are considered as a different team to Racing Point Force India.
