Stroll has ambitions to see Racing Point become one of the best F1 teams

Racing Point owner Lawrence Stroll wants to see the team one day become one of the best sides on the Formula 1 grid.

Stroll, the father of Racing Point driver Lance, took over the team when it was on the verge of going into administration. Back then the side was named Force India, and since then they have been renamed.

Despite being well financially-backed now, the team have struggled at the start of this season, with the road to recovery now looking like more of a long-term project realistically.

"We wanted to restore the financial stability of the team and give the engineers the means to develop the car," Stroll explained in Racing Point's preview of the Canadian Grand Prix.