Quote:
Originally Posted by bjohnsonsmith
Why is there an issue with teams changing their name mid-season, recently there was the business with Force India becoming Racing Point? Is it to do with the allocation of constructor's championship money?
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It was brought about to prevent phoenix companies, transferring assets from a company that you let go bankrupt to a new trading entity which then carries on like nothing happened. The practice creates a load of "disappointed" creditors and ex employees and brings the name of F1 into disrepute.
I think Bernie had tired of paying off the creditors of bankrupt F1 teams that were still on the grid with a new name and claiming the previous year's championship money.