Racing Point was a Formula One team that competed in the FIA Formula One World Championship. Established in 2019, it was formed from the assets of the Force India team after it went into administration. The team aimed to provide competitive racing while maintaining a budget-friendly approach. In 2021, Racing Point rebranded itself as Aston Martin Cognizant Formula One Team, reflecting its new ownership and partnership with the luxury car manufacturer Aston Martin. The team has been known for its distinctive pink livery and has aimed to challenge for points and podium finishes in the highly competitive F1 landscape.