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Aston Martin and the Red Bull F1 team have announced that they will begin working even more closely together, with the opening of a combined Advanced Performance Centre at Red Bull's campus in Milton Keynes, in the UK.
Aston Martin is already a sponsor of the Red Bull F1 team, and the two are collaborating on the ultra-high performance Valkyrie supercar. It has been rumoured that Aston might be preparing to supply Red Bull with F1 engines when the new sporting regulations kick in, in 2021.
Aston Martin President and CEO, Andy Palmer, said: "Title partnership is the next logical step for our Innovation Partnership with Red Bull Racing. We are enjoying the global brand awareness that a revitalized Formula One provides. The power unit discussions are of interest to us but only if the circumstances are right. 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."
The new centre will involve the creation of some 110 new jobs, and will house both a design centre and an engineering team dedicated top future projects.
Christian Horner, Team Principal of Red Bull Racing said: "Our Innovation Partnership with Aston Martin has been a pioneering project from day one. Having conceived and created the remarkably successful Valkyrie together in 2016, we extended our relationship this year and are now delighted to further strengthen the Partnership and see the team competing as Aston Martin Red Bull Racing in 2018. In addition, more than 100 Aston Martin staff will service the new Advanced Performance Centre on our campus here in Milton Keynes and it will allow us to collaborate further with Aston Martin on special, equally innovative, new projects."