Luxury car manufacturer Aston Martin will become an official title sponsor of the Red Bull Racing Formula One Team for the 2018 season.
The two marques, who have formed a strong, innovative partnership since they started working together at the beginning of 2016, have recently collaborated to develop the Aston Martin Valkyrie hypercar.
As expected, their partnership will reach new heights, officially competing in the 2018 Formula One World Championship as Aston Martin Red Bull Racing.
Aston and Red Bull are also set to be brought closer together, literally, with a new Advanced Performance Centre planned for construction near Red Bull’s Milton Keynes campus.
The new complex will not only create over 100 jobs, but also house the duo’s next hypercar project and bind Aston and Red Bull closer together.
“Our innovation partnership with Aston Martin has been a pioneering project from day one,” said Red Bull team principal Christian Horner.
“Having conceived and created the remarkably successful Aston Martin Valkyrie together in 2016, we extended our relationship this year and are now delighted to further strengthen the partnership and see the team competing as Aston Martin Red Bull Racing in 2018.
“In addition, more than 100 Aston Martin staff will service the new Advanced Performance Centre on our campus here in Milton Keynes and it will allow us to collaborate further with Aston Martin on special, equally innovative, new projects.”
Aston Martin’s CEO Andy Palmer says that his company are further investigating and showing interest in F1’s 2021 engine regulations, after attending multiple meetings on the topic.
Palmer also stated that Aston Martin as a whole has benefitted from their Formula One involvement with Red Bull.
“Title partnership is the next logical step for our ‘innovation partnership’ with Red Bull Racing,” said Palmer. “We are enjoying the global brand awareness that a revitalised Formula 1 provides.
“The power unit discussions are of interest to us but only if the circumstances are right.
“We are not about to enter an engine war with no restrictions in cost or dynamometer hours but we believe that if the FIA can create the right environment we would be interested in getting involved.”