David Richards, the owner of the Prodrive formula one team , and also the owner of the Aston Martin brand has said that Aston Martin will not be entering formula one in the near future atleast. Here is what he said

“Obviously you always review things as you go along, but there are two factors against at the moment.

“Firstly, we consider at Prodrive that our route to be competitive in F1 is to partner an existing team - frankly, I don’t have the patience to set up a team from scratch and flog around at the back of the grid for five years.

“And as far as Aston Martin is concerned, it is a product that is still in its infancy. It is still developing as a brand.

“There is a great range of cars, but there is a long way to go before it is in a place where an involvement in F1 could benefit the brand.