The “long-term strategic partnership” means the British team will now be called Aston Martin Aramco Cognizant Formula 1 Team. The agreement includes sponsorship rights, licensing rights and joint research and development of sustainable fuels, as well as advanced lubricants and non-metallic materials in vehicles.
The Saudi oil giant already has a very important contract with Formula 1, and that is the reason why it is common to see the Aramco name on advertising posters at grands prix.
“We’re in the sport to win, so I’m delighted to welcome an incredible partner in the likes of Aramco, who have learned in the process and have great technical ability,” said team owner Lawrence Stroll .
“I know it will help our team to achieve the goals of winning the Formula 1 world championship,” said the Canadian. “Our historic partnership demonstrates the magnitude of our ambition to make the team a pioneering and winning force in the category, as well as showcasing the sustainability and performance of Aramco products.”
The Saudi company’s vice president, Mohammed Al Qahtani , added: “The partnership reflects Aramco’s efforts to reduce emissions in the automotive and transportation industry.”
“Our ambition is to supply high-quality fuels and lubricants to the global automotive industry, and this collaboration with Aston Martin will help raise awareness of high-quality products,” he explained.
“It is an alliance that harnesses a shared commitment to engineering excellence and innovation, and has the potential to deliver winning results, both on and off the track,” Al Qahtani concluded.
Aston Martin will present its new single-seater, the AMR22, on February 10 at its headquarters in Gaydon. In the past year, the English finished in seventh place, although they climbed on the podium at the Baku Grand Prix with Sebastian Vettel.
