Aston Martin Red Bull Racing has confirmed that it will continue its partnership with fuel and oil supplier ExxonMobil in a multi-year extension to its existing deal, which also reaffirms Red Bull’s commitment to Formula 1.
No team has yet to sign up to F1’s new Concorde agreement which applies from next season, however, this deal looks set to mean that a signature from Red Bull would likely be a mere formality.
Red Bull and ExxonMobil’s partnership, which began in 2017, will continue into a fourth successive season.
Synergy between fuel and oil suppliers and power unit suppliers has proven key during the hybrid era of F1.
The extension of the collaboration between ExxonMobil will also aid Honda’s bid to close the gap between it and the pacesetters, Mercedes and Ferrari.
The deal will continue to see both Mobil 1 and Esso brands across the cars and driver’s helmets and team apparel.
Red Bull Racing Team Principal, Christian Horner, said: “Aston Martin Red Bull Racing is very pleased to be continuing its successful partnership with ExxonMobil for the upcoming 2020 Formula One season and beyond.
“Over the past three seasons the work conducted by ExxonMobil, in close collaboration with our engineers and the Team’s engine suppliers, has produced very positive results.
“Each new development of fuel and lubricants has added performance that have undoubtedly helped us charge towards our on-track goals and we look forward to seeing further gains through the extension of this partnership.”