Aston Martin incorporates Aramco into F1 team name

Aston Martin’s Formula 1 team name has undergone a subtle change as a result of a long-term title partnership extension with Saudi Arabian energy giant Aramco. Already a global partner of F1 and part of the existing Aston Martin official name, …

Aston Martin’s Formula 1 team name has undergone a subtle change as a result of a long-term title partnership extension with Saudi Arabian energy giant Aramco.

Already a global partner of F1 and part of the existing Aston Martin official name, Aramco will now be the only additional sponsor included as previous partner Cognizant is dropped from the title. From 2024, the team will be known as Aston Martin Aramco Formula One Team, with the deal expanding ahead of Aston’s move to a works partnership with Honda from 2026 onwards.

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“We are very proud to continue and strengthen our successful partnership with Aramco,” Aston Martin’s executive chairman Lawrence Stroll said. “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 1 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 organization, especially at our new AMR Technology Campus.”

The naming deal officially kicks in from Jan. 1, and although Cognizant is no longer part of the team’s title, the U.S.-based multinational business technology firm extended its agreement with Aston Martin in October to become the team’s global technology services partner.