Aramco is the Saudi state-owned energy company and has been a Global Partner of Formula 1 since 2020, a partner of Aston Martin since 2022 and, from 1 January 2024, title partner of the team, which is called the Aston Martin Aramco Formula One Team. The value of the deal with F1 is not official: in 2020 Motorsport Week reported an estimate of 450 million dollars over ten years, between 42 and 51 million a year.

Updated in October 2026.

Ask a brand what Aramco sells and the answer will be oil. In Formula 1 Aramco buys something else: a place on the roof of the championship, the name of a team and, from 2026, what goes into the tanks. Three levels, three contracts, and none with a stated price. That is why it is worth separating what is documented from what is estimated.

Aramco F1 at a glance

• Who it is: the Saudi state-owned energy company (Autosport, ESPN).
• The championship: on 10 March 2020 F1 presented it as its sixth Global Partner, after DHL, Emirates, Heineken, Pirelli and Rolex (Motor Sport Magazine, ESPN).
• The value: not official. Motorsport Week reported 450 million dollars over ten years, between 42 and 51 million a year (Motorsport Week).
• The team: partner of Aston Martin since 2022 and title partner since 1 January 2024, for five years (Aston Martin F1, F1technical).
• The technology: from 2026 it supplies advanced fuels and lubricants to the team, which moves to Honda engines (Aston Martin F1, F1technical).
• What is not confirmed: the official length and price of the deal with F1 and any stake in the team’s capital.

Who Aramco is

Aramco is an energy and chemicals giant owned by the Saudi state (Autosport). Its presence in F1 is also read as a step towards a Grand Prix in Saudi Arabia, which the press already mentioned in 2020 as a possibility (ESPN, Autosport).

The first level: Global Partner of F1

On 10 March 2020 Formula 1 announced a long-term deal with Aramco, which became the championship’s sixth Global Partner (Motor Sport Magazine, ESPN). The agreement includes the naming rights to some 2020 Grands Prix, among them Spain, Hungary and the United States, and a collaboration on sustainable fuels, engine efficiency and mobility technologies (ESPN, Motor Sport Magazine).

On price the only number in circulation is an estimate: Motorsport Week wrote that F1 would receive between 42 and 51 million dollars a year for ten years, 450 million in total, after a negotiation of about fifteen months with the agency CAA Sports acting as intermediary (Motorsport Week). F1 spoke of a long-term deal, with no figures and no length (Motor Sport Magazine, ESPN). In my view that number should be read as an order of magnitude, not as a list price.

The second level: Aston Martin

Aramco has been a partner of Aston Martin since 2022 (Aston Martin F1). From 1 January 2024 the team is called the Aston Martin Aramco Formula One Team: Aramco becomes title partner and Cognizant leaves the name (Aston Martin F1, F1technical). The extension lasts five years (Aston Martin F1, F1technical).

The third level: fuels and lubricants

From 2026 Aramco supplies Aston Martin with advanced fuels and lubricants, in parallel with the switch to Honda engines (Aston Martin F1, F1technical). It is the level furthest from the logo: from 2026 all teams use advanced sustainable fuels (Formula1.com), and an energy partner that develops them sits inside the product, not next to it.

What we do not know and what has been criticised

The exact price and length of the contract with F1 are not public, nor are the financial terms of the deal with Aston Martin (Motor Sport Magazine, F1technical). In the past there has been talk of options for a stake in the team’s capital: we found no confirmation and do not treat it as a fact.

At the announcement in 2020 ESPN noted the tension between the deal and F1’s goal of reaching net-zero emissions by 2030, while F1 and Aramco presented the collaboration as work on sustainable fuels and engine efficiency (ESPN, Motor Sport Magazine). It is a criticism to keep in mind, not a judgement of ours.

What it teaches sponsors

The Aramco F1 case shows a three-storey structure, and it is our reading, not a published figure. On the first floor is the championship, with global visibility. On the second is the team, with the name in the title. On the third is the technical role, which turns the sponsor into a supplier. Each floor has a different cost and horizon: the guide to the cost of sponsoring a Formula 1 team gives the entry thresholds and the page on Formula 1 sponsorship shows how we work. To see who holds the title of the other teams there is the list of F1 title sponsors for 2026, and for life after signing the guide to sports sponsorship activation.

The logo comes last. First comes the role.

Images: Ferrari at the 2022 French Grand Prix (nabtifal, CC BY 2.0); Stroll’s Aston Martin at the 2022 Austrian Grand Prix (Lukas Raich, CC BY-SA 4.0). Featured image: Stroll’s Aston Martin at the 2022 Austrian Grand Prix (Lukas Raich, CC BY-SA 4.0).

Sources: Motor Sport Magazine, F1 announces global partnership with Saudi Aramco (2020); ESPN, F1 announces sponsorship deal with Saudi oil giant Aramco (2020); Autosport, who is Aramco, F1’s Saudi state energy sponsor; Motorsport Week, the Aramco deal is worth more than 450 million to F1 (2020); Aston Martin F1, Aramco becomes official title partner of the team (December 2023); F1technical, Aston Martin extends partnership with title sponsor Aramco (2023); Formula1.com, the 2026 power units; RTR Sports Marketing, motorsport sponsorship.