Motor racing – Former McLaren F1 team boss appointed to role of Aston Martin | WKZO | All Kalamazoo
LONDON (Reuters) – Former McLaren team manager Martin Whitmarsh returns to Formula 1 in October in a new managerial role at Silverstone-based Aston Martin.
The team, owned by Canadian billionaire Lawrence Stroll, said in a statement Tuesday that Whitmarsh had been appointed CEO of the newly formed Aston Martin Performance Technologies group, which will include the F1 team.
It will also develop the technical capacities and intellectual property of the Group.
Stroll said Aston Martin aims to become a championship winner within four to five years and grow into a £ 1bn ($ 1.37bn) company.
“Martin has enjoyed a long, successful and high-level career spanning the motorsport, automotive, aerospace, marine and renewable energy sectors,” said the Canadian.
“In addition, he is a proven winner in Formula 1.”
Whitmarsh, 63, worked at McLaren for 25 years and was manager from 2008 to 2014, with seven-time world champion Lewis Hamilton winning his first title with the Woking-based team in 2008.
He was also president of the now defunct Formula One Teams Association (FOTA) and CEO of Ben Ainslie’s America’s Cup yachting challenge.
“Lawrence intends Aston Martin … to win the Formula 1 World Championships, outright, and I wouldn’t have joined him in this endeavor unless I was totally convinced it was a very achievable goal, ”said Whitmarsh.
“I am very excited about the formation of the new Aston Martin Performance Technologies, under which Aston Martin (F1) will sit, and I am excited about the prospect of developing and applying our technical capabilities and intellectual property as a new venture. “
($ 1 = 0.7321 pounds)
(Reporting by Alan Baldwin, editing by Toby Davis)