Aston Martin enters into long-term partnership with Amarco
F1 News
- GPblog.com
Aston Martin is entering into a long-term partnership with the Aramco company. The collaboration will focus on developing highly efficient internal combustion engines, high-performance sustainable fuels, advanced lubricants and the deployment of non-metallic materials in vehicles.
Aramco is the world's largest oil company by production and reserves. In addition to joint developments, the partnership also includes sponsorship rights, a licensing agreement and exclusive branding and endorsement rights for the company's fuels and lubricants. As of today, the team is therefore known as Aston Martin Aramco Cognizant Formula One Team.
From 2025, Formula One aims to switch to fully sustainable fuels. The long-term partnership with Aramco will support Aston Martin's plans to be well prepared for the changes.
Statement Stroll
"We are in the sport to win so I am delighted to welcome an incredible partner of the stature of Aramco, who I have learnt from this process 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 One world championships," Lawrence Stroll says on the the Aston Martin website.
"Our historic partnership demonstrates the scale of our ambition to make our team a pioneering and winning force in Formula One and showcase the sustainability and performance of Aramco's products."