After weeks of speculation, it has finally been confirmed that Aston Martin will become Red Bull Racing's Title Sponsor for the 2018 Formula One Season. Aston Martin president and CEO Andy Palmer said his company could look to get further involved in F1 as an engine manufacturer, should conditions be right.
"Title partnership is the next logical step for our Innovation Partnership with Red Bull Racing,"Palmer explained.
But the excitement doesn't end there, the combination of Red Bull Racing and Aston Martin means that the automotive industry will see two giants create some of the most innovative, exciting and exclusive vehicles ever produced. The pair merged in 2016 to create the sensational Aston Martin Valkyrie, which is set to make its first run in 2018 before being delivered to customers the following year.
This announcement makes for some very exciting news for Formula One and car enthusiasts. As a result of the technical partnership, Aston Martin and Red Bull Racing have confirmed future projects as well as a new Advanced Performance Centre that will open on the Red Bull Racing campus in Milton Keynes later this year.
Red Bull team principal Christian Horner hailed the strengthened partnership, adding: "Our Innovation Partnership with Aston Martin has been a pioneering project from day one. 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 in 2018."