This weekend’s Belgian Grand Prix will mark the debut of the Racing Point Force India F1 team, following the outfit’s acquisition by Racing Point UK Limited.

While the fact that the team has been allowed to continue racing in Formula 1 is a good thing, it will have to start the season fresh, with zero points in the 2018 Constructors Championship as how the old Sahara Force India is officially gone from the sport.

“Following a disciplinary investigation and prosecution by the FIA under Article 4 of the FIA’s Judicial and Disciplinary Rules, the Sahara Force India F1 Team has accepted its exclusion from the 2018 FIA Formula One World Championship with immediate effect, due to its incapacity to comply with Article 8.2 of the Sporting Regulations moving forward, and forfeits all Constructors Championship points under Article 6.2,” said the FIA in an official statement.

Meanwhile, F1 chairman and CEO Chase Carey commented: ” We are very pleased that the situation around Racing Point Force India has been resolved and that the team will continue to race in Formula 1.”

Racing Point UK Limited has appointed Otmar Szafnauer as Team Principal and CEO effective immediately, which sounds like a good choice seen as how he’s been with the team since 2010.

“As we return from the summer break and prepare for the upcoming Belgian Grand Prix, I want to thank all the staff for their resolve and loyalty during the period of transition. Now that we are under new ownership and the future of the team is secure, we can focus on doing what we do best – going racing. We have a great management team in place and this stability will be extremely valuable as we begin the new era. I would like to thank Bob Fernley for his contribution to the success of this team over the last ten years and recognize the support of the previous shareholders for making Force India what it is today,” stated Szafnauer.

The new owners decided to keep the cars looking the same for the remainder of the season, which means that the pink, white and blue livery isn’t going anywhere. As for whether or not the team will retain its new name next year, that remains to be seen, as it would make sense to drop the Force India part.