Connect with us

2018 F1

Aston Martin set to become Red Bull F1 team title sponsor

Published

on

Luxury British sports car manufacturer Aston Martin is set to become the title sponsor of the Red Bull F1 team from 2018 Formula One season, Autosport.com claims that – their trusted sources with good knowledge of the situation have revealed.

The sources have indicated that the contract to name the team Aston Martin Red Bull Racing will be announced in the coming weeks.

“You can speculate all you like but I’m not going to confirm anything,” team principal Christian Horner told Autosport.

“We’ve got a great relationship with Aston, obviously working on and developing the Valkyrie hypercar for them.

“They’re doing a great job, the product is great, and they’ve got a lot of great stuff in the pipeline. There will be news to follow in weeks to come.”

Aston Martin CEO Andy Palmer, who agented Red Bull’s Infiniti contract when in his previous job, admitted that the two companies intend to extend their association.

“It’s fair to say that one of the reasons I’m here today is to discuss what next season looks like,” he told Autosport at this weekend’s Singapore Grand Prix.

“And within that context, do we or don’t we provide an independent engine in 2021? And then join the dots.

“We like the sport and we are a company that aspires to be as valuable as Ferrari.

“That doesn’t mean that we have to copy Ferrari in every way, shape and form. We’re stronger in WEC, but having a presence in F1 is interesting.”

Palmer has previously admitted that Aston Martin could be interested in a future F1 engine programme, depending on the outcome of the 2021 rules discussions.

Aston is currently a sponsor of Red Bull Racing, and is working with Adrian Newey on the Valkyrie road car project – which uses a Cosworth developed engine.

“We sit on the periphery of F1, with the Valkyrie, and with Red Bull,” Palmer told Autosport.

“There’s always that question, would you want to enter as a team? Our major competitor is Ferrari, so in that sense there’s a rationale in being involved in some way.

“But for a company that’s only just moved to making a profit we don’t have the 350-400 million a year that you have to spend on F1.

“If – and it really is the big if – there is a cap put on the number of people or the amount of money that you can spend on developing a new engine, and it’s at a reasonable level, we have a good reason to study it. At the moment there are lots of opinions, and it’s still morphing into whatever the final idea will be.”

Comments

Latest Results




Latest F1 News

2018 F14 days ago

McLaren confirms Sainz to replace Alonso in 2019 F1

McLaren Racing today confirms that Carlos Sainz will race for the team in Formula 1 from the 2019 FIA Formula...

2018 F16 days ago

Alonso will not race F1 in 2019

Marking 14th August as a day he would make an announcement on twitter, Fernando Alonso announced that he won’t be...

2018 F11 week ago

Ricciardo is not happy with Verstappen, It’s a risk – Massa

Felipe Massa says he can understand why Daniel Ricciardo decided to quit Red Bull. Ricciardo, one of F1’s top drivers,...

2018 F11 week ago

Stroll leads Force India rescue deal

Force India has been rescued by a consortium led by Lawrence Stroll, the billionaire father of Williams driver Lance Stroll....

2018 F12 weeks ago

Giovinazzi targeting 2019 Sauber race seat

Antonio Giovinazzi admits he has an eye on a Sauber seat for 2019. Ferrari’s other protege, Charles Leclerc, is linked...

2018 F12 weeks ago

Stroll should leave Williams now – Villeneuve

Jacques Villeneuve thinks Canadian countryman Lance Stroll should leave Williams immediately. Stroll’s billionaire father Lawrence is leading the consortium that...

2018 F12 weeks ago

Alonso could leave F1 for 2019 Indycar – McLaren boss

Zak Brown has admitted it is possible Fernando Alonso will leave McLaren and F1 for the Indycar series in 2019....

2018 F12 weeks ago

World to leave Michael Schumacher ‘in peace’ – Todt

Jean Todt has called for the world to leave F1 legend Michael Schumacher “in peace”. The condition of the seven...

2018 F12 weeks ago

Niki Lauda on road to recovery after lung transplant and coma

Niki Lauda looks to be on the road to recovery. The F1 world was in shock last week when it...

2018 F12 weeks ago

Villeneuve plays down ‘Hamilton-Jesus Christ’ comparison

Jacques Villeneuve has played down quotes that suggested he thinks Lewis Hamilton behaves like Jesus Christ. The quotes spread like...




Most Popular

ThisisF1.com is not affiliated with Formula 1, Formula One Management, Formula One Administration, Formula One Licensing BV, Formula One World Championship Ltd or any other organization or entity associated with the official Formula One governing organizations or their shareholders. Copyrighted material used under Fair Use/Fair Comment.

References
We could use the following leading F1 news sources for stories: SkyF1, BBC F1, Autosport, ESPN F1, FIA Media Center, MotorSport, JamesAllen and others leading authors blog.

All Rights Reserved © 2017 Prime Sport Media