Red Bull has confirmed that Aston Martin will become its title partner in 2018, with the team to be known as ‘Aston Martin Red Bull Racing.’
Red Bull acquired Aston Martin as a sponsor in 2016 and next year the relationship with the parties will be strengthened.
A new ‘Advanced Performance Centre’ will open at Red Bull’s campus in Milton Keynes, in order to aid both progress in Formula 1 and the road car industry.
“Our Innovation Partnership with Aston Martin has been a pioneering project from day one,” said Red Bull team boss Christian Horner.
“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.
“In addition, more than100 Aston Martin staff will service the new Advanced Performance Centre on our campus here in Milton Keynes and it will allow us to collaborate further with Aston Martin on special, equally innovative, new projects.”
Aston Martin CEO Andy Palmer added that the manufacturer would be keen on getting involved in engine development, depending on the outcome of the 2021 regulations.
“Title partnership is the next logical step for our Innovation Partnership with Red Bull Racing,” he said.
“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.”
