P1racenews AI automatic summary:
The team will see a slight tweak to its name from next season after agreeing an exclusive title sponsorship with an existing partner.
Aston Martin will change its name to Aston Martin Aramco Formula One Team for the 2024 Formula 1 season, following an exclusive deal with current sponsor Aramco. The team was previously known as Aston Martin Aramco Cognizant F1 Team, but will drop the Cognizant name for next season. Aramco, a Saudi Arabian oil company, joined the team as a sponsor in 2022 and will now have exclusive title sponsor rights. Owner Lawrence Stroll expressed pride in the partnership and said that Aramco’s support demonstrates their shared ambition. Aston Martin had a successful 2023 season, finishing fifth with 280 points and eight podiums for Fernando Alonso.