Rumours have been flying for some time now that Ashton martin would be joining Formula One and today the Red Bull Racing team confirmed that this was more than just a rumour as they announced that as of the upcoming 2018 Formula One Championship season, Ashton Martin will become their title sponsor.
This means that the Milton Keynes based squad will be known as Ashton Martin Red Bull Racing.
Red Bull confirmed that they have been working with the world famous sportscar maker for 18 months and this is the logical next step in strengthening their relationship.
"Having conceived and created the remarkably successful Aston Martin Valkyrie together in 2016, we extended our relationship this year and are now delighted to further strengthen the Partnership and see the team competing as Aston Martin Red Bull Racing from 2018," said Red Bull team boss Christian Horner.
The deepening ties between the two companies is far more than a branding exercise, with an expanded technical partnership taking concrete form in the shape of a new Advanced Performance Centre at their Milton Keynes home. The new facility will house 110 Aston Martin design and engineering staff who will be working with their Red Bull Advanced Technologies counterparts to create the Valkyrie's successors
"Title partnership is the next logical step for our Innovation Partnership with Red Bull Racing. We are enjoying the global brand awareness that a revitalised Formula One provides. The power unit discussions (in Formula One) are of interest to us, but only if the circumstances are right. We are not about to enter an engine war with no restrictions in cost or dynamometer hours but we believe that if the FIA can create the right environment we would be interested in getting involved," Aston Martin President and CEO, Andy Palmer added.
Aston Martin will feature prominently across the Aston Martin Red Bull Racing team from the start of the 2018 season.
