Aston Martin Aramco Cognizant F1 Team have extended their partnership with Saudi integrated energy and chemicals firm Aramco, which will see the latter become the exclusive Official Title Partner of the team.
From 2024 onwards, the British team will be known as “Aston Martin Aramco Formula One Team”. From 2026 onwards, Aramco will also provide the team with the “best-in-class technology to deliver advanced fuels and lubricants to the team, alongside the team’s new works power unit engine partnership with Honda”.
Aston Martin and Aramco will also work on STEM (science, technology, engineering, and mathematics) initiatives.
Lawrence Stroll, Executive Chairman, Aston Martin Aramco Formula One Team, commented:
“We are very proud to continue and strengthen our successful partnership with Aramco. We already enjoy an important strategic relationship and their support as our title partner for the next five years is a clear demonstration of our shared ambition.
“Since 2022, they have played a key role in Aston Martin’s Formula One journey and their contribution will only become more significant in the years ahead. We are working together on several key initiatives, including the development of advanced fuels for 2026, when we begin our Honda works power unit partnership. Aramco’s expertise and products will make a real contribution to our on-track performance and add significant value in many other areas of our organisation, especially at our new AMR Technology Campus.“
Nabeel A. Al-Jama’, Executive Vice President Human Resources & Corporate Services, Aramco, added:
“We are delighted to become the exclusive title partner of the Aston Martin Aramco Formula One Team. Since partnering with the team in 2022, we have witnessed the team take significant strides forward and have enjoyed celebrating some very special moments, including eight podiums this season. The future for the Aston Martin Aramco Formula One Team is bright, and today’s news reaffirms our long-term commitment to Aston Martin where Aramco’s expertise and technology can contribute to advanced car performance, especially with our development of advanced fuels and lubricants.“
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