Adrian Newey Joins Aston Martin as F1 Chief

Adrian Newey, the renowned Formula One car designer, has signed a lucrative five-year contract with Aston Martin, reportedly worth £20 million annually, with potential total earnings of up to £30 million including bonuses. Newey, who has spent nearly 20 years at Red Bull, will also acquire a 2.5% stake in the Aston Martin team, which is valued over $1 billion. His move is seen as a significant coup for Aston Martin, aiming to elevate the team's competitiveness in the sport. Newey's influence has been pivotal in securing multiple championships for previous teams, and he expressed excitement about contributing to Aston Martin's ambitions. This contract places him among the highest-paid figures in sports, only trailing behind drivers Lewis Hamilton and Max Verstappen. Newey will officially start his role in March 2025, further solidifying his legacy in F1 history.