Aston Martin has signed a new five-season deal with Aramco to become the Formula 1 team’s official title sponsor.
Aramco already has a partnership with Aston Martin, but not in the title field, and plans to do so for at least five years, from 2024 to 2028. The Saudi giants have signed a new long-term deal to become official title partners.
The team will be known as the ‘Aston Martin Aramco Formula 1 Team’ from 1 January 2024. The deal also calls for Aramco to supply his advanced fuels and lubricants from 2026, when the team will welcome Honda as its new power partner.
Aramco, one of the world’s leading integrated energy and chemical companies, and the Aston Martin F1 Team ® have announced a long-term extension to their partnership. From 1 January 2024, the Silverstone-based team will be known as the Aston Martin Aramco Formula 1® Team.
Starting in 2026, Aramco will provide the team with world-class technology that provides them with advanced fuels and lubricants, in addition to the team’s new factory engine partnership with Honda.
Nabil A. Al Jama, Aramco Executive Vice President of Human Resources and Corporate Services, Saghte:
“We are delighted to be the exclusive title partner of the Aston Martin Aramco Formula 1 Team® team. Since partnering with the team in 2022, we has seen the team make great strides and has enjoyed celebrating some very special moments this season, including eight podium finishes.Aston Martin Aramco Formula One >® The future is bright for the team and today’s news reinforces our long-term commitment to Aston Martin, with Aramco’s expertise and technology We believe we can contribute to improved performance, particularly through the development of advanced fuels and lubricants.”
Aston Martin Aramco F1® Team Chairman Lawrence Stroll said:
“We are very proud to continue and strengthen our successful partnership with Aramco. We have already established an important strategic relationship and are pleased to be their title partner for the next five years. Their support of is clear evidence that we have a common ambition. Since 2022, they will lead Aston Martin’s F1 journey. Their contributions will become even more important in the years to come.As we begin our partnership with Honda’s factory engines, we are proud to announce “Aramco’s expertise and products have contributed significantly to our successful performance, and we are collaborating on several important initiatives, including the development of our It will bring great value to many fields.”
More to come
