Aston Martin's new Team Principal, Mike Krack, has hailed the level of investment at the Silverstone-based squad, which have ambitions to be title contenders by 2025. The team, formerly known as Racing Point, became Aston Martin for 2021 after owner Lawrence Stroll also took over the British carmaker, and the decision was made to heavily invest in new facilities. Last year, the team began work on a new factory facility , having previously used the same buildings as predecessors Force India, Spyker/Midland and, going even further back, Jordan during the 1990s. "The infrastructure change that is happening here is tremendous," Krack told media, including RacingNews365.com . "This is the first new F1 headquarters being built, I think, in 19 years, so we will be state of the art, which clearly shows the ambition that Lawrence and the team has. "[We have] a five-year plan [to be title contenders]; we will have all the facilities that you need to be successful then."
Krack sees similarities between Aston Martin and BMW Sauber
In addition to investment in facilities, Aston Martin have also appointed several key figures to senior positions, with Krack joining the team in January after several years in motorsport management with Porsche and BMW. The German also has previous experience in F1, having been an engineer at Sauber in the 2000s when the Swiss squad was bought by BMW, and drew parallels with that situation and Stroll's takeover of Racing Point. "[At Sauber], we were clearly overperforming to our possibilities, and then we had a big partner coming in [and] all of a sudden had possibilities that we never had before," said Krack. "We have something similar here, and that made it quite attractive, [because] you have a great bunch of people that know how to use their funds very cleverly, and then you are provided with additional possibilities. "I think there could not be any better team than this one, with all these new challenges and new possibilities that we're having, so I'm extremely privileged."
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