Aston Martin F1 Signs Top Engineer Newey in Bid to Win Title (1)

The Aston Martin Formula One team has signed star designer Adrian Newey in a move billionaire owner Lawrence Stroll hopes will turn it into a championship contender.

Newey, who has helped Red Bull Racing to several world titles, will take on his new role as managing technical partner of Aston Martin F1 in March, the outfit said Tuesday.

The BBC reported Newey’s contract to be worth as much as £30 million ($39 million) a year. Aston Martin declined to comment on the size of the deal. Part of the appeal was that he will also become a shareholder of the ...