The Aston Martin Formula One team is official with the newly-branded team confirming a February launch.
The team, formerly known as Racing Point, unveiled its new identity overnight, completing a transition that began when Racing Point owner, Canadian billionaire Lawrence Stroll, acquired a major stake in the British luxury car maker.
Aston Martin F1 will reveal its new 2021 car and livery next month. The team is expected to run in traditional British Racing Green colours.
“Formula 1 is a hugely powerful platform that will play a key part in the overall Aston Martin strategy as we seek to take the company forward,” said Lawrence Stroll, Aston Martin Lagonda’s Executive Chairman.
“It is a truly global sport with a huge audience that we believe can help reignite the brand and further increase its desirability all over the world.
“This is a brand that has already had huge success in top-level international motorsport such as the 24 Hours of Le Mans – and now we have an opportunity to write a new page in the history books.
“That’s a hugely exciting prospect for anyone who is a lover of the Aston Martin brand, for fans of Formula 1 and the sport itself.”
Four-time F1 world champion Sebastian Vettel will join Aston Martin F1 for the coming season, replacing Mexico’s Sergio Perez who has signed with Red Bull Racing. Perez scored Racing Point’s first grand prix victory in Bahrain late last year.
Aston Martin F1 team principal Otmar Szafnauer said: “We’ve had almost a year of preparation to reach this point and we’re really looking forward to seeing the reaction when we finally unveil our new identity as the Aston Martin Formula One Team.
“Representing such an iconic brand is a huge privilege for every member of the team.
“We’ve earned a well-deserved reputation for punching above our weight, so we’re confident we can do the Aston Martin name proud right from the get-go.
“It’s the start of a new journey and I can sense an extra energy in the team, with a determination to push performance further than ever before.
“Combined with some of the most creative minds in the business, a true racers’ mentality and the can-do spirit that has served us so well through the years, we have every reason to be excited about the future.”
This year marks the return of Aston Martin to Formula One for the first time in 61 years, the British marque contesting selected races during the 1959 and 1960 season. It was an ill-fated attempt, the team failing to score a single world championship point from six grand prix starts.