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Lawrence Stroll

To the younger generation, Aston Martin may seem like a newcomer to Formula 1, the brand was in the sport 60 years ago, entering the DBR4 and DBR5 in the 1959 and 1960 championship seasons. As it was not very successful, it focussed instead on sportscar racing which it was more successful in, with multiple class victories at the 24 Hours of Le Mans.

This year will see Aston Martin back in Formula 1 Grand Prix racing as its team will make its race debut on March 21 at the opening round in Melbourne, Australia. The racing cars will be revealed in February, but it is already known that the drivers will be 4-time Formula 1 World Champion, Sebastian Vettel and multiple Grand Prix podium finisher, Lance Stroll.

“Formula 1 is a hugely powerful platform that will play a key part in the overall Aston Martin strategy as we seek to take the company forward. It is a truly global sport with a huge audience that we believe can help reignite the brand and further increase its desirability all over the world. This is a brand that has already had huge success in top-level international motorsport such as the 24 Hours of Le Mans – and now we have an opportunity to write a new page in the history books. That’s a hugely exciting prospect for anyone who is a lover of the Aston Martin brand, for fans of Formula 1 and the sport itself,” said Lawrence Stroll, Aston Martin Lagonda Executive Chairman and also the father of Lance.

Brand awareness
Aston Martin understands the power of Formula 1 when it comes to brand awareness. Much work has already been done and achieved via the company’s title sponsorship of Red Bull Racing in previous seasons, Now the brand will go up a notch as it joins the F1 elite as a manufacturer.

Though it has been 60 years since Aston Martin raced in F1, its Wings have been on Red Bull Racing’s cars in recent years as title sponsor.

Otmar Szafnauer, who is the CEO & Team Principal, said: “We’ve had almost a year of preparation to reach this point and we’re really looking forward to seeing the reaction when we finally unveil our new identity as the Aston Martin Formula One Team.”

“Representing such an iconic brand is a huge privilege for every member of the team. We’ve earned a well-deserved reputation for punching above our weight, so we’re confident we can do the Aston Martin name proud right from the get-go. It’s the start of a new journey and I can sense an extra energy in the team, with a determination to push performance further than ever before. Combined with some of the most creative minds in the business, a true racers’ mentality and the can-do spirit that has served us so well through the years, we have every reason to be excited about the future,” he said.

11 years separate the ages of the two drivers for the team – Sebastian Vettel (33) and Lance Stroll (22).

A team with a 29-year history
The Aston Martin Formula 1 Team may be a new name on the starting grid of the 2021 F1 World Championship but the team itself has a history that goes back to the days of the Jordan Racing team in 1991. The team went through various owners until the end of 2007, when Indian businessman Vijay Mallya bought it over. It was then renamed Force India, a name it would use in the championship for 10 years that followed, until 2018. However, during 2018, Mallya had financial problems which led to him having to let go of the team and it was acquired by Racing Point UK. This was a consortium led by Canadian businessman Lawrence Stroll and its ownership of the racing team gave it entry to F1.

In earlier years, before it was the Racing Point Team, it was known as Force India.
The Aston Martin F1 Team is the new name for the BWT Racing Point Team which raced in the 2020 season, finishing fourth overall.

The team at first had SportPesa as a title sponsor in 2019 but then the East African company pulled out and in the following season, BWT (an Austrian company making water treatment systems) took over as title sponsor.

Stroll became Executive Chairman of Aston Martin Lagonda last year after leading a strong investment consortium to take a shareholding in the company. The consortium  made a £182 million investment and gained a 16.7% stake. Stroll is a Canadian billionaire, is well known in the fashion industry, with shares in Tommy Hilfiger and Michael Kors. He is a car-lover with a collection of vintage Ferraris and has been involved in F1 via brand sponsorships for many years.

Aston Martin’s F1 racing years
The 1950s were an exciting time for Aston Martin. Company owner Sir David Brown, who had acquired the business in 1947 before adding the Lagonda brand later that same year, was steadily creating finely styled British sportscars of growing appeal.

Sir David recognised the importance of motorsport to the brand’s commercial success and, in 1955, made plans to develop and enter cars that would take on the best competition in both the World Sportscar Championship and the still relatively new Formula 1 World Championship.

The history books focus on the famous achievements of the Le Mans-winning DBR1, and the DB3S that preceded it, but the initial venture into single seaters, DP155, could be seen as a valuable learning exercise for the brand. As a precursor to the later 1950s Grand Prix cars and alongside this project, Sir David initiated work on a new engine, and a new road car design that would become the DB4.

From this was born the DBR4 and although testing began as early as 1957, it was not until 1959 that the car made its competition debut at the BRDC International Trophy event, run to Formula 1 rules, at Silverstone in May of that year.

Two cars competed and car No. 1, driven by 24 Hours of Le Mans winner Roy Salvadori, came in a creditable second behind Jack Brabham in a Cooper-Climax T51. Powered by a 2493cc, dry sump, 6-cylinder RB250 engine, from the same basic design as the DBR1 sportscar engine, the DBR4/250 was a 256 bhp spaceframe single-seater which weighed 575 kgs.

Despite being driven by some of the star names of the era, Salvadori and Carroll Shelby among them, the front-engined DBR4 was out of step with the new mid-engined competition and failed to mirror in Formula 1 what its DBR1 cousin famously achieved in the sportscar arena. After a disappointing debut for its successor, the DBR5, Aston Martin withdrew from single seater motorsport in 1960 and gave its full attention to sportscar racing.

BHPetrol RON95 Euro4M

It was already known that Sebastian Vettel would not get another season with Ferrari, the team he has driven for since 2015. So who he would be with in 2021 was the question in the air, and it’s been answered – Racing Point.

The 33-year old driver who has won 4 championships in his 13 years as a F1 driver is expected to be with Racing Point – to be renamed Aston Martin – for at least 3 years, although the team has not indicated the contract period.

“It’s a new adventure for me with a truly legendary car company. I have been impressed with the results the team has achieved this year and I believe the future looks even brighter. The energy and commitment of Lawrence [Stroll] to the sport is inspiring and I believe we can build something very special together,” said Vettel.

Though Vettel has had a lousy season this year and is 13th in the current championship standings after 8 rounds, he remains one of the top drivers and a good catch for the team. “On a Saturday or Sunday afternoon, Sebastian is one of the best in the world, and I can’t think of a better driver to help take us into this new era. He will play a significant role in taking this team to the next level,” said Otmar Szafnauer, CEO & Team Principal of Racing Point.

Sergio Perez (left) and Lance Stroll, the current drivers in the BWT Racing Point Team

Perez departs
However, a team can have only two active drivers which has meant that the services of Sergio Perez won’t be needed in 2021. Lance Stroll, 21, being the owner’s son, obviously would not be the one to be ejected…

Perez revealed that his notice only came the day before Vettel himself announced that he will join Racing Point but suspected something like that would happen. The 30-year old Mexican driver, nicknamed ‘Checo’, has been racing in F1 for 9 years, having started with Sauber in 2011. He has been with Racing Point since 2014 when it was known as Force India. At this time, he said that he is uncertain whether he will join another team though he is keen to remain in F1.

Aston Martin is currently involved in motorsports through a partnership with ProDrive.

Racing Point’s change of name is more than just that and it will be an official Aston Martin works team. The intention is to run the team for at least 10 years, and it will be the first time the carmaker has been directly involved in motorsport in many decades although it currently has a partnership with ProDrive in Aston Martin Racing.

Who is Lawrence Stroll?
The move does not surprise observers since Racing Point’s owner, Lawrence Stroll, is Aston Martin’s Executive Chairman (after making a £182 million investment via a consortium and getting a 16.7% stake).

Stroll (the father), who is a Canadian billionaire, is well known in the fashion industry, with shares in Tommy Hilfiger and Michael Kors. He is a car-lover with a collection of vintage Ferraris and has been involved in F1 via brand sponsorships for many years.

Returning drivers: Daniel Ricciardo (left) goes back to Red Bull Racing, and his place at the Renault team will be taken by Fernando Alonso who returns after 9 years.

Movements so far
There are still 9 races to go on the revised 2020 calendar and team owners may well be having private discussions with drivers. At this time, the confirmed movements are Fernando Alonso joining the Renault team which will be known as the Alpine F1 team, and Carlos Sainz, Jr. going to Ferrari to join Charles Leclerc. The vacant seat left by Sainz at McLaren will be taken by Daniel Ricciardo, which means Red Bull Racing is looking for a partner for Max Verstappen.

4 more rounds added to F1 calendar, making it a total of 17 for 2020

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