Aramco and Aston Martin Cognizant Formula One™ Team today announced a long-term strategic partnership. The partnership will drive the development of highly efficient internal combustion engines, high-performance sustainable fuels, advanced lubricants and the deployment of non-metallic materials in vehicles.
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In addition to joint research and development, the collaboration includes team sponsorship rights, a licensing agreement, as well as exclusive branding and endorsement rights for Aramco fuels and lubricants.
As a result, the team will be known as Aston Martin Aramco Cognizant Formula One™ Team. The alliance complements Aramco’s status as a global strategic sponsor of Formula One – the world’s premier motor racing event with over 1.9 billion fans worldwide.
The joint R&D efforts will underpin efforts made by the team to meet Formula One’s target to be powered entirely by sustainable fuels by 2025.
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