Red Bull Formula 1 team and Aston Martin made a deal, similar to the one the former had with Infiniti, from 2011 to 2013. The agreement does not involve engine or chassis manufacturing, being about title sponsorship.
The man responsible for the two deals, the one between Red Bull and Infiniti before, and now Red Bull Aston Martin is Andy Palmer. He was previously Infiniti’s CEO, now being Aston Martin’s CEO.
As per the agreement, Aston Martin engineers will be part of the Red Bull campus. Moreover, special Aston Martin projects, such as the Valkyrie hyper car will benefit from Red Bull’s expertise. Additionally, around 110 new jobs will be created because of the new partnership.
The $2.6 million Valkyrie, developing 1000 horsepower from a V12 unit, is meant to rival the Mercedes-AMG Project One, as well as the Bugatti Chiron.
However, there are no news regarding Red Bull’s engine, the team’s weak spot in the last few years. The newly formed Aston Martin Red Bull Racing team will lose Renault as an engine supplier, starting with the year 2018.
Although sister company Toro Rosso is testing a new Honda power unit, industry insiders do not believe this will be Red Bull’s silver bullet.
Palmer said: “The power unit discussions are of interest to us, but only if the circumstances are right.
We are not about to enter an engine war with no restrictions in cost or dynamometer hours but we believe that if the FIA can create the right environment we would be interested in getting involved.”
Since Aston Martin, who is a really small car manufacturer compared with other supercar companies such as Porsche or even Ferrari, will not provide an engine either, another difficult year is in prospect for 2018.
Dietrich Mateschitz, Red Bull’s owner is frustrated by Formula 1’s evolution. He believes that the competition currently lacks any entertainment value. Moreover, he had to invest a lot more in Red Bull, in the last years, with the loss of prize money and the split with the previous partner, Infiniti.
It is estimated that in 2013, while the Infiniti partnership was still ongoing, Mr. Mateschitz intvested around $10m in the Formula 1 Team. Nowadays, his yearly investement reached $40m.
Perhaps partnering with Aston Martin and finding a good engine supplier will help Red Bull rise once again and dominate the Grand Prix races.