Cowell has been moved from his present management position, as BBC Sport revealed on Saturday, following disagreements between the 2 over the operating of the staff and design of the 2026 automotive, in keeping with insiders.
The assertion added that Newey, who joined Aston Martin as managing technical accomplice in March, could be guiding the technical staff, together with the trackside operations of the automotive.
The transfer has come about by way of the realisation that Newey’s experience and lengthy expertise – having gained 12 drivers’ and 13 constructors’ championships with Williams, McLaren and Crimson Bull – make him the de facto authority within the staff.
In that case, making him staff principal is a logical step. Newey will probably be Aston Martin’s fourth staff principal in 4 years, following Otmar Szafnauer, Mike Krack and Cowell.
Group proprietor Lawrence Stroll mentioned in a press release: “Andy Cowell has been an excellent chief this 12 months. He is centered on constructing a world-class staff and getting them to work effectively collectively, in addition to fostering a tradition that places the race automotive again on the coronary heart of what we do.
“This management change is a mutual resolution we’ve reached within the curiosity of the staff. All of us stay up for persevering with working with him in his new capability.”
Stroll added that Newey’s new place would “allow him to make full use of his artistic and technical experience”.
Newey mentioned: “During the last 9 months, I’ve seen nice particular person expertise inside our staff.
“I am wanting ahead to taking up this extra position as we put ourselves in the very best place to compete in 2026, the place we are going to face a wholly new place with Aston Martin now a works staff, mixed with the appreciable problem confronted by the brand new laws.
“Andy’s new position, specializing in the combination of the brand new power-unit with our three key companions, will probably be pivotal on this journey.”
Stroll had been contemplating a change of management for a while, and had approached various senior F1 figures, together with former McLaren and Sauber boss Andreas Seidl, present head of the Audi F1 venture Mattia Binotto and his former CEO Martin Whitmarsh.
Former Crimson Bull staff principal Christian Horner has additionally been pushing for a job at Aston Martin, and needs a shareholding.
Sources on the staff say Horner, who’s free to work for an additional staff from subsequent summer season after being sacked by Crimson Bull in July, is not going to be given a job at Aston Martin.
Nonetheless, Newey is claimed to have given his former Crimson Bull colleague a tour of the Aston Martin manufacturing unit below cowl of darkness on Tuesday night time.
The assertion mentioned Cowell, a former Mercedes F1 engine boss, had “carried out the much-needed structural modifications to help the transition to a full works staff in readiness for the brand new laws in 2026”.
Cowell mentioned within the assertion that “having set the foundations” for Newey, it was “an applicable time for me to take a unique position”.
