The Aston Martin Cognizant F1 Team has announced that Mike Krack has been appointed Team Principal, taking over from the recently-departed Otmar Szafnauer.
Prior to joining the Silverstone-based outfit, Mike Krack was leading BMW’s global motorsport operation, having worked for the Munich-based company since 2014.
In that role he was in charge of BMW’s Formula E, GT and IMSA programmes, as well as its planned expansion into the new LMDh formula for IMSA & WEC, including the Le Mans 24 Hours.
Prior to that Mike worked in a senior motorsport role for Porsche. He has worked for a decade in Formula One before, for Sauber then BMW-Sauber.
Commenting on the announcement, Mike Krack said: “It is a thrill and an honour to have been appointed to the position of Team Principal of Aston Martin Cognizant Formula OneTeam, and I am very grateful to Lawrence [Stroll] and Martin [Whitmarsh] for giving me such a fantastic opportunity.
“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 One success that such an illustrious name so richly deserves is a challenge that I plan to embrace with energy and enthusiasm.
“I have been working in motorsport for over 20 years, and worked in Formula One with Seb Vettel 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 - I know that and my new colleagues at Aston Martin Cognizant Formula One™ Team know it, too. We will work incredibly hard. We want to win. Together, we will.”
Aston Martin Cognizant Formula One™ Team is delighted to announce that Mike Krack has been appointed as Team Principal.— Aston Martin Aramco Cognizant F1 Team (@AstonMartinF1) January 14, 2022
Martin Whitmarsh, Group Chief Executive Officer, said: “Mike Krack is exactly the right kind of dynamic and modern Team Principal who, working with our other senior leaders under Lawrence’s [Stroll] and my overall direction, as well as with our ever-growing staff of skilled and committed employees, will deliver the Formula One World Championship success that we at Aston Martin Cognizant Formula One™ Team are so determined to achieve.
“Having worked in very senior motorsport positions at both BMW and Porsche, backed by an engineering background in Formula One with Sauber, Mike possesses a blend of experience and expertise that makes him the ideal choice for us. He works well with drivers, having prioritised that aspect of his role at BMW in recent years, and also with engineers, since he speaks their language.”
Chairman of the Aston Martin Lagonda and Aston Martin Cognizant Formula One Team Lawrence Stroll said: “Winning in Formula One 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.
“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 One World Championships.
“All the ingredients we require are coming together. Mike will play a central and leading role, reporting to Martin Whitmarsh and leading our technical and operational functions, our collective aim being to fulfil those lofty ambitions. We are on our way.”