Aston Martin will re-enter Formula 1 after more than half a century’s absence in a deal with Red Bull Racing.

The pair will collaborate on the car for next year’s season, while also working on a “hypercar” for road use to be unveiled in the next two months, writes Peter Campbell, Motor Industry Correspondent.

As part of the deal Aston’s marque, which has been missing from the sport since 1960, will also appear on the RB12 car from the Australian GP onwards.

“Formula 1 offers the ultimate global stage to build wider awareness of the Aston Martin brand,” said Aston Martin chief Andy Palmer.

The company is embarking on a sales drive and renewal of its entire range of vehicles over the next five years as the company plots a course for the future following its centenary three years ago.

The first of its new range is the DB11, the £140,000 supercar unveiled at the Geneva Motor Show this month to replace the redundant but iconic DB9.

It also plans a crossover SUV and an all-electric vehicle as it seeks to broaden its range.

As part of the deal, Red Bull’s design chief Adrian Newey will team up with Aston’s chief creative officer Marek Reichman to create a “ground breaking” new car.

Mr Palmer said the car would go on sale in 2018, and would be unveiled in just two months’ time. Only 100 units will be made.

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