Jan 10, 2025, 7:52 PM
Jan 10, 2025, 12:00 AM

Aston Martin fires Mike Krack after disappointing F1 season

Highlights
  • Andy Cowell has been appointed as Aston Martin's new Formula One team principal and CEO, succeeding Mike Krack.
  • The team's disappointing performance in the 2024 season led to the management reshuffle.
  • Aston Martin aims for improved performance and competitiveness in future seasons.
Story

In the United Kingdom, Aston Martin has undergone significant leadership changes following a lackluster 2024 Formula One season that left fans and the team disappointed. Andy Cowell has been named the new CEO and team principal, taking over from Mike Krack, who will transition to the role of chief trackside officer. Cowell, known for his prior success overseeing Mercedes' engine division during a dominant era, aims to enhance team performance and streamline operations. The decision to reshuffle was influenced by Aston Martin's struggle to compete effectively in the constructors’ standings, finishing fifth and trailing rivals like Mercedes, McLaren, and Ferrari. Under Mike Krack’s management since 2022, the team initially showed promise, particularly with Fernando Alonso achieving podium finishes in 2023. However, the subsequent season did not meet expectations, as the team's best result was a fifth place, a sharp decline from their earlier podium performances. Alonso reflected on their performance, expressing hope for improvement but acknowledging that they fell short of their ambitions. This disappointing trajectory contributed to the change in leadership. Additional individual changes include the departure of technical director Dan Fallows, who stepped down to assume a new role within the broader Aston Martin group. Meanwhile, Enrico Cardile is set to join the team from Ferrari, taking on the position of chief technical officer. Such changes are part of a restructuring effort to create a flatter team hierarchy, with greater clarity in leadership responsibilities meant to power the team towards future goals. Notably, the signing of Adrian Newey as the managing technical partner is anticipated to enhance the team's engineering and design capabilities, with Newey being one of the most highly regarded figures in car design within Formula One history. Aston Martin's billionaire owner, Lawrence Stroll, remains committed to transforming the team into a championship contender, pushing for substantial advancements over the next seasons. The team has already opened a state-of-the-art $250 million factory and signed an agreement to become Honda’s works engine team by 2026. With Alonso and Newey on board, combined with an evolving technical structure, Aston Martin is poised to restore competitiveness and attract attention in Formula One in the years to come.

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