British luxury auto company Aston Martin is reportedly looking to be more involved in the Formula One.
The chief executive Andy Palmer opened up on this amid speculations that the company could pair up with Red Bull and possibly engine involvement.
Red Bull and Aston Martin have an involvement in place as the team’s race cars are branded with the marque since 2016. A designer for the racing company has also worked on the AM-RB 001 Valkyrie ‘hypercar.’ The designers Adrian Newey has been in charge of the Renault-powered race cars and won four straight drivers’ and constructors’ titles from 2010 to 2013.
There are rumours that Aston Martin could become the title sponsor for Red Bull in the next racing season. For now Palmer said at the Singapore Grand Prix:
“We want to be more involved in the sport. We’re currently studying the 2021 engine. If we get a reasonable regulation that brings down the cost of the engine, Aston would like to be involved in the engine.”
Palmer added that the company would like to be more involved “a little more next season” but then he added more emphasis to the regulations regarding the engines.
Palmer, who used to be with Nissan, negotiated a deal for the Infiniti brand that is now with the Renault works team to partner Red Bull. Red Bull uses Renault engines that are branded Tag Heuer.
For Aston Martin, much of their involvement would depend on the results the new Formula One managements can deliver since taking over in January. The current agreement is set to lapse in 2020 but the new units are expected to be cheaper and less complex. Other manufacturers would also get involved if the plans work out. Aston Martin could be racing in the Formula One again, with their last race in 1960.