P1racenews AI automatic summary:
Adrain Newey is on the cusp of signing a mega-money contract with Aston Martin’s Silverstone-based Formula 1 squad, according to a report. According to BBC Sport, Newey is set to sign a five-year deal with Aston Martin, worth in the region of £30 million a year, plus bonuses. The report states that the blockbuster signing […]
According to BBC Sport, Adrian Newey is poised to sign a lucrative five-year contract with Aston Martin, rumored to be valued at around £30 million annually, in addition to bonuses. The announcement of this high-profile agreement is anticipated to be made public during a special press conference at the team’s Silverstone base on Tuesday. The 65-year-old Newey is under the management of former Formula 1 team owner Eddie Jordan, who has refrained from disclosing details about Newey’s departure from his current role as Red Bull’s Chief Technical Officer. Though both Aston Martin and Jordan have refrained from confirming the news, speculations have been rife for a while now regarding Newey’s move to Silverstone from Milton Keynes. Newey, an instrumental figure in Red Bull’s success with seven Drivers’ titles and six Constructors’ Championships, had announced earlier this year his intention to leave the team in 2025. Under the ownership of Lawrence Stroll, Aston Martin is revving up its Formula 1 ambitions, with plans for a new wind tunnel and a partnership with Honda from 2026 already in place. When Newey does officially become part of Aston Martin’s technical team, he will be teaming up with respected industry figures such as Dan Fallows and Enrico Cardile, potentially necessitating some adjustments within the organization due to his exceptional skills and expertise.
