Source – The Independent
If Adrian Newey’s anticipated five-year contract with Aston Martin materializes, he may be in line to receive an enormous quantity of money—roughly $200 million.
Adrian Newey, the renowned former Red Bull Chief Technical Officer, is poised for a groundbreaking transition to Aston Martin, with reports revealing a staggering salary package set to redefine the benchmarks of Formula 1 engineering salaries. Newey, who remains on gardening leave from Red Bull Technologies, is expected to officially join Aston Martin in early March 2025, continuing his work on the RB17 hypercar until then.
The upcoming announcement, anticipated during a media event at Aston Martin’s Silverstone headquarters, is set to confirm Newey’s shift to the British team, where he is reportedly set to earn an astronomical sum. According to the BBC, Newey has secured a five-year contract with Aston Martin, which is projected to see him earn an eye-watering £30 million annually. This figure includes a combination of salary, shares, bonuses, and other incentives. Over the span of his contract, Newey stands to make a remarkable total of around £150 million, effectively doubling his previous annual salary with Red Bull Racing.
This extraordinary deal highlights Aston Martin’s aggressive strategy to bolster its technical team and compete at the highest levels of F1. Canadian billionaire Lawrence Stroll, who owns Aston Martin, has heavily invested in upgrading the team’s facilities and infrastructure, creating an environment that he believes will attract top-tier talent like Newey. Stroll’s investment appears to have paid off, with Newey evidently convinced by the potential that Aston Martin offers.
Newey’s move comes at a time when the team is on an upward trajectory, having made significant strides in recent seasons. The British engineer, known for his innovative designs and engineering prowess, is expected to play a crucial role in Aston Martin’s continued development and future success. His new contract, which translates to approximately $197 million in today’s currency, underscores the high regard in which he is held within the motorsport community.
The allure of a substantial financial package and the opportunity to work with a team on the rise evidently proved too compelling for Newey to resist. Despite offers from other teams and a strong loyalty to Red Bull, including similar offers extended to Red Bull’s technical director Pierre Waché and aero chief Enrico Balbo, Newey’s decision marks a significant shift in the F1 landscape.
As Newey prepares to embark on this new chapter with Aston Martin, the anticipation surrounding his impact on the team is palpable. His arrival is expected to accelerate Aston Martin’s ambitions and contribute significantly to its quest for success in Formula 1. With the promise of a lucrative contract and the challenge of transforming Aston Martin’s performance, Newey’s move is set to be one of the most talked-about events in the F1 world in the coming years.
