Racing Point took the covers off the RP20 in a ceremony held on Monday in Mondsee, Austria - the home of new title sponsor BWT - Best Water Technologies.
Leaked images of the 'pink panther' Racing Point RP20 had begun to appear through social media across the weekend prior to the official launch of the last Racing Point Formula One entry.
From the 2021 season onwards, Racing Point will become Aston Martin Racing.
BWT were a main partner of Racing Point in recent years but Sport Pesa, the gambling company whose blue logo featured on the engine cover in 2019, ran as the title sponsor.
For 2020, the blue is gone and the car reverts to being almost entirely pink and white.
“Since 2017, we have thoroughly enjoyed building a successful partnership with BWT and we’re delighted to be celebrating our fourth year together by welcoming them as our Title Partner," said team principal Otmar Szafnauer at the RP20 launch. "This expanded collaboration truly reflects the loyalty, commitment and energy that they bring to the Racing Point family.
"I’m pleased we could launch our season here in Mondsee at the home of BWT and shine a spotlight on the valuable work being done by BWT to drive sustainability. We have enjoyed many memorable moments both on and off track already and we now look forward to adding more in the 2020 season.”
Racing Point were the final team on the grid to allow a glimpse of their 2020 car, but Alfa Romeo and Haas will still officially lift the covers off their cars in the Barcelona pit lane on Wednesday.