Name change for Aston Martin after striking major F1 deal with Aramco

The Aston Martin Formula 1 team has announced a major “long-term” strategic partnership with Saudi-backed oil giant Aramco. 
Name change for Aston Martin after striking major F1 deal with Aramco

Aramco will become Aston Martin's joint title sponsor, resulting in a name change to Aston Martin 🉐Aramco Cognizant Formula One Team for the upcoming 2022 season. 

The partnership will “drive the development of efficient internal co🤪mbustion engines, high-performance sustainable fuels, advanced lubricants and the deployment of non-metallic materials in vehicles.” 

Aston Martin, which is powered by Mercedes engines, says the joint R&amܫp;D efforts will also align to meet F1’s target to be powered entirely by sustainable fuels by 2025. 

“We are in the sport to win so I am delighted to welcome an incredible partner of the stature of Aramco, who I have learnt fr𝐆om this process has a tremendous amount of intellectual property and technical capability, which Iꩲ know will greatly assist our team to achieve our goals of winning Formula 1 world championships,” said Aston Martin team owner Lawrence Stroll. 

“Our historic partnership demonstrates the scale of our ambition to make our team a pioneering and winning force🐽 in Formula One and showcase the🐬 sustainability and performance of Aramco’s products.”

Mohammed Al Qahtani, senior vice president downstream at Aramco, added: “The partnership reflects Aramco’s efforts to reduce emissions in the global automotive and transport industries. Our ambition is to supply premium fuels and lubricants to the global automoti💧ve sector, and our tie-up with the Aston Martin team will help drive awareness of our high-quality products. 

“I🍌t is an alliance that harnesses our shared commitment to engineering excellence and innovation, and has the potential to deliver winning results both on and 💜off the track.”

The deal expands Aramco's presence in F1 after entering into a long-term global partnership that began in 2020 and has resulted in the Dhahran-based fir💫m having t🎐rackside branding at most grands prix on the calendar. 

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