🍌The Racing Point Formula 1 team has launched its new car and brand identity at the Canadian International AutoShow in Toronto ahead of the 2019 season.

Following the takeover of Force India lasꦅt summer, the team has now been formally rebranded as Racing Point, wit🐭h the launch marking its first official event.

The neღw Racing Point F1 c🏅ar was unveiled by drivers Sergio Perez and Lance Stroll on Wednesday, the latter having joined the team from Williams for 2019.

The team also confirmed betting company Sport🃏Pesa as its new title sponsor, becoming SportsPesa Racing Point F1 Team.

Racing Point retains the pink design used by Force India for the past two years after continuing with BWT as a partner, with the blue of SportPesa being incorporated ♔into the new livery des෴ign.

Force India was taken over by the Racing Point Ltd. consortium ahead🍷 of last year’s Belgian Grand Pꦜrix, adopting the name Racing Point Force India for the remainder of the season.

After losing all of its cons💞tructors’ championship poinꦺts as a result of its takeover and re-entry, the team recovered to seventh place in the standings, scoring 52 points in the final nine races.

However, the🧸 team is now focusing on returning to the top four in the F1 constructors' championship, where it finished in both 2016 and 2017,

"After months of hard work behind-the-scenes it’s in꧒credibly exciting to come to Canada and present our new identity. The long-term aim is to take this team to the very top of the sport," team principal Otmar Szafnauer said.

"We are putting the building blocks in place and it’s important we🦩 take a good step forward in 2019 as we begin this new era.

"We wantꦍ to be fighting for🅘 podiums on merit and aiming for a strong top-four finish in the championship.”