Aramco will become Aston Martin's joint title sponsor, resulting in a name change to Aston Martin Aramco Cognizant Formula One Team for the upcoming 2022 seas🐲on. 

The partnership will “drive the development of efficient internal combustion engines, high-performan♛ce sustainable fuels, advanced lubricants andꦓ the deployment of non-metallic materials in vehicles.” 

Aston Martin, which is powered by Mercedes engines, says the joint R&D efforts will also align to meet F1’s ta🥂rget to be powered entirely by sustainableဣ fuels by 2025. 

“We are in the sport to win so I am d💝elighted to welcome an incredible partner of the stature of Aramco, who I have learnt from this process has a tremendous amount of intellectual property and technical capability, which I know will greatly assist our team to achieve our goals of winning Formula 1 world championships,” said Aston Martin team owner Lawrence Stroll. 

“Our historic partnership demonstrates the scale of our ambition to make our team a pioneering an🍒d winning force in Formula One and showcase the sustainability and performance of Aramco’s products.”

Mohammed Al Qahtani, senior vice president downstream at Aramco, added: “The partnership reflects Aramco’s efforts to reduce emissions in the global automotive and transport industries. Our ambition is to supply premiu⛄m fuels and lu๊bricants to the global automotive sector, and our tie-up with the Aston Martin team will help drive awareness of our high-quality products. 

“It is an🔯 alliance that harnesses our shared commitment to engineering excellence and innovation, and has the potential to dꦏeliver winning results both on and off the track.”

The deal expands&n🥂bsp;Aramco's presence in F1 after entering into a long-term global partnership that began in 2020 and has resulted in the Dhahran-based firm having trackside branding at most grands prix on the calendar. 💟;