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MANAMA :Owning a Formula One team could be the next step for Saudi Arabia after sponsoring the sport and hosting a grand prix, according to the chairman of the kingdom's automobile and motorcycle federation.
LONDON :The Aston Martin brand will be in Formula One for decades to come, team owner Lawrence Stroll said on Monday after the sportscar maker announced the sale of its stake in the Silverstone-based outfit.
Aston Martin said on Monday it would raise more than 125 million pounds ($161.9 million) through funding from Chairman Lawrence Stroll's investment vehicle and the sale of its minority stake in the Formula One team he owns.
LONDON : Adrian Newey will be literally going back to the drawing board when Formula One's foremost designer starts work at Aston Martin on Monday.
Dan Fallows is leaving his role as Aston Martin technical director this month but will stay within the group, the Silverstone-based Formula One team said on Tuesday.
Formula One design guru Adrian Newey will join Aston Martin from Red Bull, the British-based team confirmed on Tuesday. The widely expected appointment of the 65-year-old Briton was announced at Aston Martin's Silverstone base by team owner Lawrence Stroll. Newey, who will start his new job in March 2025, joins as managing technical partner and will also become a shareholder. This will allow Newey to have an active influence on Aston Martin's F1 car development as the sport enters new technical regulations for 2026.
Adrian Newey said it is his goal to turn Aston Martin into Formula One world champions after the design great was unveiled at the British team's Silverstone headquarters.