Aston Martin proprietor Lawrence Stroll says star signing Adrian Newey was a “cut price” after making the legendary designer the technical chief and future shareholder of his Components 1 group.
After months of hypothesis Aston Martin lastly confirmed on Tuesday that Newey would be joining the Silverstone-based squad from 1 March 2025, when he’s free to hitch a rival F1 group following his Purple Bull exit.
In addition to commanding an eye-watering wage for the newly-created position of managing technical associate, which is rumoured to place him within the area of the better-paid drivers on the grid, Newey will ultimately additionally turn out to be a shareholder within the squad.
However in response to Stroll, the 65-year-old is a cut price given what he’ll convey to the formidable group, which matches past his enter on automobile design but in addition encompasses his management position.
“I can let you know, Adrian is a cut price,” Stroll mentioned. “I have been in enterprise for over 40 years now and I’ve by no means been extra sure.
“It is not an funding. He is a shareholder and a associate.
“He is the perfect associate I can convey into an organization, we intend to be round right here a really very long time collectively. So it is comparatively cheap for every thing Adrian brings within the partnership we may have.”
Aston Martin has gone on a daring recruitment spree in latest months, having additionally poached former Ferrari technical director Enrico Cardile. Cardile may even take part 2025 as F1 chief technical officer, slotting in alongside present technical director Dan Fallows.
Adrian Newey, Aston Martin Components One Staff, Lawrence Stroll, Government Chairman, Aston Martin Components One Staff
Picture by: Aston Martin Racing
When requested how Newey’s arrival will match into Aston’s present roster of technical management, Stroll mentioned it was as much as Newey to tweak the construction to get probably the most out of the wealth of expertise the group has now amassed at its brand-new headquarters reverse the Silverstone circuit.
PLUS: How Newey will link Alonso, Honda, and Aston Martin’s engineers together for a 2026 title tilt
“Adrian is becoming a member of as technical managing associate,” he replied.
“He would be the chief of the technical group – a pacesetter additionally within the firm, the enterprise as a associate and shareholder, so I go away the [technical] construction as much as Adrian, who’s significantly better suited than myself.
“Now we have a powerful group, a few of which Adrian has already labored with. He’ll be right here on a day-to-day foundation, he’ll be right here full-time, dedicated to Components 1, giving management and route to his group.”
Stroll mentioned Newey’s assertion signing was the final key piece of the puzzle as he goals to show Aston Martin right into a world championship outfit, having commissioned state-of-the-art headquarters and a brand-new wind tunnel that was pivotal in his pitch to the previous Purple Bull, McLaren and Williams designer.
“There have been many items of the puzzle from after we began six years in the past,” he added.
“We have introduced Aramco to be our associate, and to have the ability to convey Honda completely to work for us for the following 5 years after the brand new regulation begins [is important].
“Adrian is vital, key, key, and the largest a part of the puzzle, actually from a technical management standpoint, understanding that he shall be main the group – and I believe that can have a trickle-down impact all through the entire organisation.”