British Sports car and luxurious car manufacturer company Aston Martin has shown some interest in the future engine programme of Formula 1 depending on the new rules.
The CEO of Aston Martin motor vehicle manufacturer company Andy Palmer was recently seen in a meeting with the FIA which discussed about the engine working group of Formula 1.
CEO of the brand Mr. Palmer had said after the meet up that they have interest about being involved to Formula 1 but there are some issues he needs to get confirmed. Such as the costs of entry and Maintenance etc. He thinks there are chances of the attachment to Formula 1 if those things are taken under control. They can work on the engine supply to F1 possibly.
The British sports car manufacturer company Aston Martin which was founded on the year of 1913 are now the current sponsor of a F1 racing team Red Bull Racing. They are currently working with Adrian Newey. Adrian Newey is now working on a project named Valkyrie road car project which is run by Aston Martin. And they use Cosworth developed engine on the project.
CEO Andy Palmer said that there is a circumstance that they are now working on the Valkyrie project and they are also working with Red Bull.
He threw a question that there is question that always rise that would anyone want to enter as a team or not?
He also said that as Ferrari is there main rival so there is always a explanation of being involved to the F1 concept in any possible way.
But there is a thing that they just can’t move into F1 just like that because it will be tough for them to spend almost 400 million on Formula 1 every year as they have just started to make profit.
He says that it is true there are lot of views regarding this deal and the decision making process is ongoing.
Palmer also said that a lot of talking has been taking place and they all are trying to make good decision for the future but they have not reached to consonance yet.
He admits that everybody in the group knows that they really need more playhouses in the F1. But there is an issue that they have to restrict the costs of the maintenance but they certainly do not want to affect the performance of the cars.
He also admitted that there were no one who opposed that fact.
But the fact is how would they do this.
Whatever, Aston Martin has built a strong relationship with Cosworth engine through the Valkyrie project. But, there is no assurance that Aston and Cosworth will do business together any further on F1, Palmer said to the media.
But he confirmed that they will do not haste in the process as he said that they will try to consider all those who were present at the meeting.
He hoped that everything will become clear as soon as September appears on the calendar. He think they will be able to take a greater decision then.
Palmer also hopes that Aston will become the technical support of any Formula 1 project which will be on progress.