Aston Martin

Aston Martin made an impressive rise at the start of the 2023 Formula 1 season and were able to compete for podiums. They slipped back in the second half of the season, but the Silverstone-based team will be hoping to make another jump in 2024. The team's full name is Aston Martin Aramco Cognizant F1 Team, which is led by Mike Krack as team principal. The team's owner is Lawrence Stroll, father of driver Lance Stroll. He is teammates with Fernando Alonso.

Aston Martin first competed in Formula 1 in 1959 and 1960 with Roy Salvadori, Carroll Shelby, and Maurice Trintignant, but the team failed to collect a single point. Their best finish was sixth place in the 1959 British and Portuguese Grand Prix. The Aston Martin name returned to the sport in the 2021 season.

Lawrence Stroll consortium bought into Force India in 2018, then renamed the team Racing Point. The team went through several different versions and was initially founded by Eddie Jordan in 1991. The team was named Jordan (1991-2005), Midland (2006), Spyker (2007) and Force India (2008-2018). After Stroll Sr also bought shares of Aston Martin in 2020, and for commercial purposes, his team were renamed Aston Martin from the 2021 season.

The team let Sergio Perez go and brought in Sebastian Vettel alongside Lance Stroll. In their first two seasons, Vettel finished once on the podium at the 2021 Azerbaijan Grand Prix. After Vettel decided to retire, another former world champion, Fernando Alonso, was signed by Aston Martin. In the first half of the 2023 season, Aston Martin significantly improved, with Alonso already finishing on the podium six teams.

Aston Martin started the 2023 season strong but couldn't keep up with the development from McLaren, Mercedes and Ferrari. Still, they were pleased to finish fifth in the standings with eight podiums. In 2024, Alonso and Stroll will be hoping for another winter boost. In April, Aston Martin confirmed Fernando Alonso will stay with the team until at least the end of the 2026 Formula 1 season.

Fernando Alonso and Lance Stroll will drive the Aston Martin car during the 2024 Formula 1 season. It will be their second season together as a teammate duo. Alonso has a contract signed until the end of 2026, and while Stroll has not been renewed, he will likely remain in the seat as his father, Lawrence Stroll, owns the team.

Aston Martin will use a Mercedes engine for the 2024 Formula 1 season. The team have used the Mercedes engine since 2009 and kept using the Mercedes when Aston Martin took over. They will continue to do so until the end of 2025. It has been announced that from 2026 onwards, after the regulation change, Aston Martin will team up with Honda meaning Alonso will reconnect with the Japanese engine suppliers.