Aramco Extends Partnership with Aston Martin F1 Team to Become Official Title Partner

  • Date: 14-Dec-2023
  • Source: Asharq Al-awsat
  • Sector:Oil & Gas
  • Country:Saudi Arabia
  • Who else needs to know?

Aramco Extends Partnership with Aston Martin F1 Team to Become Official Title Partner

Saudi Aramco, one of the world’s leading integrated energy and chemicals companies, and Aston Martin Formula One Team announced on Thursday a long-term extension of their partnership.

From January 1, 2024, the Silverstone-based team will be known as the Aston Martin Aramco Formula One Team. From 2026, Aramco intends to provide 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.

Nabeel A. Al-Jama’, Aramco Executive Vice President Human Resources & Corporate Services, said: “We are delighted to extend our partnership and 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,” he added.

“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,” he stressed.

Lawrence Stroll, Aston Martin Aramco Formula One Team Executive Chairman, said: “We are very proud to continue and strengthen our successful partnership with