Aston Martin change team name with unveiling of major new partner
Aston Martin change team name with unveiling of major new partner
Aston Martin has changed its official F1 team name after entering into a long-term deal with energy and chemicals giant Aramco.
The team will now be known as the Aston Martin Aramco Cognizant Formula One Team, with the alliance complementing the company's status as a global strategic sponsor of F1.
Aston Martin claim the deal "will drive the development of highly efficient internal combustion engines, high-performance sustainable fuels, advanced lubricants and the deployment of non-metallic materials in vehicles".
The deal further includes the team sponsorship rights, a licensing agreement, as well as exclusive branding and endorsement rights for Aramco fuels and lubricants.
The joint R&D efforts will underpin the team's bid to meet F1’s target to be powered entirely by sustainable fuels by 2025, as well as the development and commercialisation of fuel-efficient engine technologies for road vehicles, and the development of more efficient hybrid engines in motorsport.
Aston Martin chairman Lawrence Stroll “We are in the sport to win so I am delighted to welcome an incredible partner of the stature of Aramco.
"I have learnt from this process [it] has a tremendous amount of intellectual property and technical capability, which I know will greatly assist our team to achieve our goals of winning Formula 1 world championships.
"Our historic partnership demonstrates the scale of our ambition to make our team a pioneering and winning force in Formula 1 and showcase the sustainability and performance of Aramco’s products.”
Group CEO Martin Whitmarsh added: “Winning in Formula 1 is all about assembling and managing the right ingredients in the optimal way.
"Aramco is an innovative company whose ultra-high-tech expertise will make a very real and hugely valuable contribution to improving the performance of, and delivering the future success of the team.”
Related
Change your timezone:
Latest News
Vettel announces F1 return as FIA single Mercedes out for Miami checks - GPFans F1 Recap
- 2 hours ago
F1 team announce SHOCK signing weeks after rival departure
- 3 hours ago
Former team boss quizzed on role in Newey's Red Bull exit
- Yesterday 21:57
RB reveal STRIKING new livery ahead of Miami GP
- Yesterday 20:57
EXCLUSIVE: Insider claims F1 Academy and W Series couldn't co-exist
- Yesterday 19:57
Wolff delivers big verdict on Hamilton behaviour
- Yesterday 18:57
Related news
F1 boss 'in early talks' to SELL 25 percent of team
Driver suggests Newey tempted by 'enticing' offer from F1 rivals
Alonso hints at another EXTENSION to F1 career
Stroll's F1 exit dilemma RIDICULED by former driver
F1 Standings
Drivers
- Oliver Bearman
- Charles Leclerc
- Carlos Sainz
- Lando Norris
- Oscar Piastri
- Pierre Gasly
- Esteban Ocon
- Sergio Pérez
- Max Verstappen
- Alexander Albon
- Logan Sargeant
- Lewis Hamilton
- George Russell
- Nico Hülkenberg
- Kevin Magnussen
- Fernando Alonso
- Lance Stroll
- Valtteri Bottas
- Zhou Guanyu
- Daniel Ricciardo
- Yuki Tsunoda
Races
- Gulf Air Grand Prix of Bahrain 2024
- Saudi Arabian Grand Prix 2024
- Grand Prix of Australia 2024
- MSC Cruises Grand Prix of Japan 2024
- Grand Prix of China 2024
- Miami Grand Prix 2024
- Gran Premio dell'Emilia Romagna 2024
- Grand Prix of Monaco 2024
- Grand Prix du Canada 2024
- Gran Premio de España 2024
- Grand Prix of Austria 2024
- Grand Prix of Great Britain 2024
- Grand Prix of Hungary 2024
- Grand Prix of Belgium 2024
- Heineken Dutch Grand Prix 2024
- Grand Prix of Italy 2024
- Grand Prix of Azerbaijan 2024
- Grand Prix of Singapore 2024
- Grand Prix of the United States 2024
- Gran Premio de la Ciudad de Mexico 2024
- Grande Prêmio de São Paulo 2024
- Heineken Silver Las Vegas Grand Prix 2024
- Qatar Grand Prix 2024
- Grand Prix of Abu Dhabi 2024
About GPFans
GPFans is a multi-platform, multi-language brand dedicated to Formula One coverage. We bring you all the ins and outs of the sport, 24/7, everything from up-to-the-minute news and features to the latest viral stories and clips.We believe that a new generation of exciting, outspoken drivers will make F1 more popular than ever before, and we want to give our users access to as much of their heroes as possible, on and off the track. From Lewis Hamilton to Max Verstappen, Daniel Ricciardo to Sebastian Vettel, we provide in-depth analysis of every every Grand Prix in the season, from Australia to Abu Dhabi.
With Formula One under the new ownership of Liberty Media, how the sport is being covered is evolving, and GPFans will look to be at the heart of this progression into new media, as one of the fastest-growing sites covering the king of motorsports.
Follow us on your favorite social media channel
Corporate & Media
Innovatieweg 20C7007 CD, Doetinchem, Netherlands
+31645516860