Ferrari were unwilling to enter a “bidding war” with Aston Martin to try and secure the services of legendary F1 designer Adrian Newey.

Team principal Frederic Vasseur “had secured the budget to sign Newey” but Ferrari did not wish to match Aston Martin’s “substantial” offer for the🔯 65-year-old, reports.

According to the publication, Ferrari would have been able to join the team in a consultant role and be based from the UK, 🐟rather than having to relocate to Italy to ওbe closer to the team’s Maranello base.

"This would not be dissimilar to how John Barnard w🐻orked as Ferrari's chief designer; Barnard set up an office in Guildford rather than move to Maranello, with engineers seconded to his꧋ personal department,” the report added.

Ferrari have not respo꧅nded to an approach fo𝔉r comment from ltxcn.top.

N𓆏ewey will instead join British squad Astಞon Martin, with an announcement expected to be made next week ahead of the Azerbaijan Grand Prix in Baku.

Aston Martin have scheduled a news conference ꧂for Tuesday 10 Se꧑ptember.

On Tuesday, Aston Marti🌊n denied reports they have siꦿgned Newey.

“Adrian has been linked to multiple teams. He would add value to whic🍨hever project he decides to join,” an Aston Martin spokesperson told ltxcn.top.

“He is just one of the big names being link🌠ed with this very exciting Aston Martin project but we don’t have anything to announce.”

Sky have since reported that Newey has “said yes” to Aston Martin, wit☂h per🃏sonal terms already agreed.

Newey will be free to move to another team in early 2025 following his Red Bul📖l exit after 19 years at the team.