The next year, in 2019, the word India was dropped from the name of the team, And it became Racing Point. In 2021, it was renamed one more time Aston Martin F1 Team. When Stroll purchased a 17% stake in this car manufacturing company. In India, ED claims that Vijay Mallya used his F1 and IPL teams for money laundering. And Subrata Roy, owner of Sahara Pariwar, had built his empire on scams.
Today, the Formula 1 sport is often criticised as a useless sport. That no one is benefiting from these car races. And that it merely causes environmental pollution and nothing else. Perhaps, Some points of criticism are valid. This is why Formula E has been introduced. Wherein only electric cars would be racing.
About 10 years later, a Formula E event was hosted in Hyderabad, India some months ago. This event took place on a street circuit. Race tracks weren’t built for this. The existing roads were closed off and prepared for this race. Till 2039, Formula E rights have been assigned by the FiA. After which, it is expected that Formula 1 and Formula E would be merged. They will be one sport. And only electric cars would be used for this race.
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