Four-time world champion Sebastian Vettel is to join the renamed Aston Martin team in Formula 1 next year.
Aston Martin said signing Vettel was “a clear statement of the team’s ambition” to establish themselves at the front.
Vettel replaces Sergio Perez, who announced he was leaving on Wednesday.
A statement from Aston Martin said Vettel had signed for “2021 and beyond” but did not confirm the length of the contract.
Typically, it would be expected the German has signed a three-year deal.
Vettel said: “I’m extremely proud to say I will become an Aston Martin driver in 2021.
“It’s a new adventure for me with a truly legendary car company. I have been impressed with the results the team has achieved this year and I believe the future looks even brighter.
“The energy and commitment of Lawrence [Stroll, the owner] to the sport is inspiring and I believe we can build something very special together.
“I still have so much love for Formula 1 and my only motivation is to race at the front of the grid. To do so with Aston Martin will be a huge privilege.”
Team principal Otmar Szafnauer said the team were “hugely excited” by the news.
“Sebastian is a proven champion and brings a winning mentality that matches our own ambitions for the future as Aston Martin F1 Team,” he said.
“On a Saturday or Sunday afternoon, Sebastian is one of the best in the world, and I can’t think of a better driver to help take us into this new era. He will play a significant role in taking this team to the next level.”
More to follow.