P1racenews AI automatic summary:
Ferrari chose to shelve its interest in signing esteemed Formula 1 designer Adrian Newey as it didn’t want to become embroiled in a bidding war, according to reports. Rumours suggest that Aston Martin has won the race to secure Newey’s coveted F1 services and an announcement could be made prior to the Azerbaijan Grand Prix. […]
Rumours are circulating that Aston Martin has likely secured the services of F1 design guru Adrian Newey, potentially announcing it before the Azerbaijan Grand Prix. Newey will be leaving Red Bull in Spring 2025 after nearly two decades with the team. While Ferrari initially seemed to be the front-runner to sign Newey, Aston Martin came through with a reportedly lucrative offer of around $100 million for three seasons.
Aston Martin’s aggressive pursuit of Newey, combined with significant investments in their headquarters and facilities by owner Lawrence Stroll, has positioned the team to potentially rise back up to F1’s elite. Stroll has a longstanding relationship with Newey and expressed great excitement at the prospect of having him on board.
Ferrari, having missed out on Newey, is now focused on restructuring their technical department under Team Principal Frederic Vasseur. The team’s new three-pronged technical structure, inspired by McLaren’s successful model, includes the addition of Loic Serra as one of the Technical Directors. Ferrari aims to strengthen their position and challenge for the Constructors’ title in the upcoming seasons.
