Aston Martin may consider entering Formula One racing, but on one condition - if the new owners of F1 can bring in cost control to the sport. The British carmaker is currently a sponsor of the Red Bull Racing team, but according to Aston Martin boss Andy Palmer a proper Aston F1 team may be considered. "We sit on the periphery of F1, with the Valkyrie, and with Red Bull," Palmer told Autosport. The brand may be interested in a future Formula 1 engine programme, depending on the outcome of the 2021 rules discussions.
Aston's major competitor would be Ferrari, one of the reasons why the brand is mulling over creating an F1 team. However, Palmer says that for a company that "just moved to making a profit we don't have the 350-400 million a year that you have to spend on F1".
If FIA puts a cap on the number of people involved or the amount that is to be spent on the development of an engine at a reasonable level, Aston will consider and study its prospects.
Aston has had strong links with Cosworth because of the Valkyrie project, however, Palmer says that it is not certain if the two will collaborate on an F1 project.
"We obviously have a good relationship with Cosworth, and if you're trying to create a relationship which says 'Valkyrie, F1, by the way when you buy your £150,000 Aston there's something in the bloodline,' then obviously it makes sense to try and bring it all together," he said.
About sponsorships, Palmer clarified that he hopes the company would provide technical support if a Formula One project does materialise and not simply place their badge on any other engine. "I've never been a fan of just simple sponsorship. I always try to get some degree of authenticity, and the more authentic the better really," he said.