Aramco becomes official title partner of Aston Martin Formula One® Team

Aramco, an integrated energy and chemicals company, and the Aston Martin Formula One® Team announced an extension of their partnership. From January 1, 2024, the Silverstone-based team will be known as the Aston Martin Aramco Formula One® Team.

Nabeel A. Al-Jama’, Aramco Executive Vice President of 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 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.”

Lawrence Stroll, Aston Martin Aramco Formula One® Team Executive Chairman, added: “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 clearly demonstrates 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 developing 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.”

Together, Aramco and the Aston Martin Aramco Formula One® Team will work on joint science, technology, engineering and mathematics (STEM) initiatives to inspire the young technicians, engineers and drivers of the future.