Racing Point CEO and team principal Otmar Szafna🎃uer says Aston Martin has clear objectives to make the Formula 1 outf🐼it “one of the top teams in the sport”.

The Silverstone-based squad will become an Aston Martin works team in 2021 𓂃after its billionaire owner Lawrence Stroll♑ bought a stake into the struggling British luxury car manufacturer last month.

Szafnauer 🔥said the Aston Martin rebrand has provided “a real injection of energy” for the team’s staff and r🃏evealed the vision Stroll - who rescued Racing Point from administration in the summer of 2018 - has.

Speaking about the deal ahead of the team’s launch ༺event next week, Szafnauer said: “It’s significant news for🐻 Aston Martin and for Formula 1 itself.

“As one of the most iconic sports car brands🔴 in the world, Aston Martin needed a presence on th𒅌e F1 grid and this solution delivers a fully-fledged works Aston Martin F1 Team from 2021 onwards.

“It’s news that will excite fans around the world and will shine a spotlight oꦗn a brand that is widely regarded as Britain’s finest luxury spor♏ts car manufacturer.

“It’s certainly provides a real injection of energy for the 465 loyal and hard-ಌworking staff in Silverstone🔥,” he added.

“The team has beeꦰn in business, under various names, for 30 years and i🧔s more than ready to become a manufacturer team.

“Lawrence [Stroll] spoke to the staff last week and set out the clear objective to establish Ast💞on Martin as one of the top teams in the sport.

“Everyone is proud to represent a legendary car manufacturer r🐠eturning to the pinnacle of motorsport.”

But Szafnauer explained there will be no “immediate impact” on Racing Point’s🎀ꦗ 2020 campaign as a result of the collaboration.

“There’s no immediate impact on our current campaign and we will continue to 𒁃compete as Racing Point until the rebrand takes place at the start of the 2021 season,” he said.

“From then we will be known simply as ‘Aston Martin F1 Team’ - so the 𒊎Racing Point name will disappear.

“It’s exciting to transition into a manufacturer team and we’ve got the best part o𒆙f a year to make all those changes – muchꦦ of which will be happening behind-the-scenes.

“It’s important we don’t take our eyes off the main task for 202🉐0, which is to be comp𝐆etitive on the racetrack with the RP20.”