Aston Martin has named Mike Krack as the new team principal.
The Silverstone-based team was led by Otmar Szafnauer since mid-2018.
Aston Martin finished only seventh in last year’s Constructors’ Championship, reaching the podium just once.
Aston Martin has named Mike Krack as the new team principal for its Formula 1 team.
The Silverstone-based team was led by Otmar Szafnauer since mid-2018 but last week it confirmed his departure from the organization. Krack moves to Aston Martin from BMW, where he has worked since 2014, most recently leading its global motorsport operation, including programs in Formula E and IMSA.
Krack had been overseeing BMW’s planned expansion into the LMDh category for IMSA and WEC but he will now switch to leading Aston Martin’s Formula 1 team.
He previously worked for BMW Sauber in Formula 1 in the 2000s—briefly crossing paths with a young Sebastian Vettel—as well as Porsche.
“Aston Martin is one of the greatest automotive brands in the world, and to have been asked to play a leading role in delivering the on-track Formula 1 success that such an illustrious name so richly deserves is a challenge that I plan to embrace with energy and enthusiasm,” said Krack. I have been working in motorsport for over 20 years, and worked in Formula 1 with Seb in 2006 and 2007 when I was a BMW-Sauber engineer and he was the team’s test driver. I have huge respect for his speed and ability, and it will be fantastic to be reunited with him.
“Lance Stroll is a seriously fast and talented driver, too, with 100 Grands Prix starts to his name, and I am very much looking forward to working closely with him. Team Silverstone has always impressed me. It is full of talented people and real racers. That racer’s culture and values are what is required to succeed in motorsport.”
Aston Martin finished only seventh in last year’s Constructors’ Championship, reaching the podium just once, but has long-term ambitions to fight for the Formula 1 title. It is constructing new facilities on land surrounding its existing premises at Silverstone, acquired by team owner Lawrence Stroll, which includes a new wind tunnel and simulator.
It has also invested heavily in new personnel, including Dan Fallows from Red Bull Racing and Luca Furbatto from Alfa Romeo, though Fallows is embarking on a court case amid Red Bull Racing’s claims that he cannot join until July 2023.
“Winning in Formula 1 is all about bringing together the best efforts of all the principal players—drivers, engineers, mechanics, everyone—and Mike is perfectly placed to do just that,” said Stroll. “We are hiring brilliant new people every week. Our new factory build is coming along very well. We have a fantastic roster of superb sponsor-partners.
“We are about to embark on year two of our five-year plan, the objective of which is to win Formula 1 World Championships. All the ingredients we require are coming together. Mike will play a central and leading role, reporting to (Group chief executive officer) Martin Whitmarsh and leading our technical and operational functions, our collective aim being to fulfil those lofty ambitions. We are on our way.”