Opinion: Why Aston Martin's new deal puts pressure on F1 bosses
Aston Martin has backed Red Bull since 2016
The British firm has signalled that it wants to become an F1 constructor in 2021 – now it’s up to the sport’s bosses to deliver on cost cuts
Formula 1 is strange: next year a storied car manufacturer will be the title sponsor of a racing team owned by a fizzy drink firm. Wrong way round, surely?
Despite the oddity, the deal makes a lot of sense for both sides. It’s a natural expansion of an ongoing and production relationship. Aston has sponsored Red Bull since 2016 – a partnership that has resulted in the Adrian Newey-designed Valkyrie hypercar, along with some Red Bull-themed Vantage special editions.
But it’s what it could lead to in the future that is truly intriguing. It’s no secret Aston Martin is interested in an F1 engine programme – we unearthed details about possible deals involving the firm and Red Bull back in 2015, and the firm hasn’t exactly hidden its involvement in talks about technical regulations from 2021 onwards.
The belief is that both manufacturers and F1 bosses want rules that cut costs and reduce the complexity of the current 1.6-litre turbo hybrids, making the category more affordable and competitive.
Of course, F1 has a bad habit of not delivering on promised costs reductions – just ask anyone involved in the three teams – Virgin (later Marussia then Manor), Lotus (later Caterham) and HRT – that entered the sport in 2010 on the promised of a cost-cap. It never happened, and all three teams failed within years.
So it’s notable CEO Andy Palmer used the announcement of Aston’s expanded deal with Red Bull to warn that an F1 engine project would be dependent on cost restrictions being agreed.
“We are not about to enter an engine war with no restrictions in cost or dynamometer hours but we believe that if the FIA can create the right environment we would be interested in getting involved,” said Palmer. Bold words, especially given how breezily bland more most quotes in press releases about sponsorship deals are.
Given the struggles by Honda – a firm with far more resources and money to draw on then Aston Martin – to catch up to Mercedes, Ferrari and Renault with the current engine rules, Palmer knows any Aston Martin F1 engine project can only succeed if the playing field is reset.
So this deal is Aston wielding both carrot and stick. They’ve attached their name to an F1 team. If F1’s bosses want more, they need to deliver cost cuts.
Source: Autocar Online