Aston Martin signed two-time Formula 1 world champion Fernando Alonso through the end of the 2026 season on Thursday.
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The contract of the 42-year-old Spanish driver had been set to expire at the end of this season.
"Securing Fernando's long-term future with Aston Martin Aramco is fantastic news," team boss Mike Krack said.
"We have been in constant dialogue over the last few months and Fernando has been true to his word: when he decided he wanted to continue racing, he talked to us first. Fernando has shown he believes in us, and we believe in him."
Here to stay. 🤫
— Aston Martin Aramco F1 Team (@AstonMartinF1) April 11, 2024
Let's take a look at some of your incredible reactions to @alo_oficial's new multi-year deal with us. ⬇️
Keep the reactions, artwork and edits coming using #IAM for the chance to be featured! pic.twitter.com/YrVaABcmue
Alonso, who claimed back-to-back world titles in 2005 and 2006, has finished in the top 10 in all four of his races this season. The oldest driver on the grid, he currently sits in eighth place in the F1 drivers standings.
"Fernando is hungry for success, driving better than ever, is fitter than ever, and is completely dedicated to making Aston Martin Aramco a competitive force," Krack continued.
"This multi-year agreement with Fernando takes us into 2026 when we begin our works power unit partnership with Honda. We look forward to creating more incredible memories and achieving further success together."
Alonso began his F1 career in 2001 and he has accumulated 106 podium finishes, including 32 wins. His last victory came at the 2013 Spanish Grand Prix.