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Aston Martin tipped for return to Formula 1 to help turbo-charge its tech plans

º£½ÇÊÓÆµ sports car maker rumoured to be contemplating return to Formula 1 racing for first time in 55 years

The Formula 1 Grand Prix of Great Britain at Silverstone Circuit

A move into Formula 1 racing by could turbo-charge technology development and help the company become more competitive, an industry expert has said.

The luxury sports car maker is rumoured to be contemplating a return to Formula 1 racing for the first time in 55 years as part of the sports carmaker’s revitalisation under its new boss Andy Palmer.

Reports said the Warwickshire manufacturer was discussing a return to Formula 1 as early as next season, in a tie-up with Red Bull that would result in the team using Mercedes engines.

And it was also suggested that the Gaydon-based firm had had discussions with Williams and Force India as part of a process to evaluate its potential return to Formula 1.

Speculation since then has suggested a partnership with a team other than Red Bull is more likely, as Mercedes, which has a five per cent stake in Aston Martin, would be unlikely to want to supply engines to its main Formula 1 competitor.

A deal with Williams, Force India or Lotus – all of whom use Mercedes engines – is thought to be more likely.

Autosport suggested Mercedes had approved such a tie-up and if a deal were done it would see Aston Martin branding on the car’s airbox, with Mercedes recognised as the official engine supplier.

Aston Martin told the Post it had no comment to make on the rumours and described them as “pure speculation”, while refusing to comment further.