Aston martin formula 1 design. In 2009 aston martin chairman david richards announced his intent to return to formula one in 2010 with the possibility of using the aston martin name however this did not come to fruition. Aston martin has been rescued from collapse by a 500 million 656 million bailout led by a formula 1 billionaire. The move will see the aston martin name return to formula 1 in a works capacity for the first time in 60 years with aston.
In tandem with the announcement meanwhile red bull confirmed that their own current title sponsorship deal with aston martin would conclude at the end of 2020 although work will still continue on the adrian newey designed aston martin valkyrie road car project. Aston martin atastonmartin september 10 2020 aston martin is poised to enter formula one from next year as part of the rescue deal led by canadian investor lawrence stroll who owns the. Between 2016 and 2020 aston martin served as a sponsor for red bull racing and as title sponsor of the team between 2018 and 2020.
Four time world champion sebastian vettel will remain in formula one after signing a deal with the racing point team which will rebrand itself as aston martin from next season.
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