The elephant in the room, though, is Formula 1. Aston Martin has worked with Red Bull to develop the Valkyrie and is the title sponsor of the Red Bull Formula 1 team. Lawrence Stroll, on the other hand, owns the Racing Point Formula 1 team.
The result is that Racing Point will become the Aston Martin works team from 2021 onwards for a “10-year initial term”, with Aston Martin owning part of the team. There’s also a sponsorship deal in place for four years, so the Aston Martin name won’t go away until at least 2025.
In 2020 the sponsorship of Red Bull will continue, and the technology partnership between Aston Martin and Red Bull Advance Technologies “will continue until Aston Martin Valkyrie is delivered”.
If you were worried that Aston Martin would go bust once again (is has done seven times in its 106-year history), you can sleep easy: Aston Martin is safe for now, and its future still looks very exciting.
Formula 1 images courtesy of Motorsport Images.