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Aston Martin to open test center at Silverstone, British racing's Mecca

LONDON — Aston Martin will open a test and development center at Silverstone, the home of British Formula One racing, as the luxury carmaker continues to expand ahead of a possible stock market offering. James Bond's car brand of choice is undergoing a turnaround plan designed to boost its model lineup, quadruple volumes and produce its first sport utility vehicle at a new plant in Wales. The firm, which sponsors the Red Bull Formula One team, said its Silverstone site would open in October and employ 60 people. Many Formula One teams have been based close to Silverstone in central England, leading the area to become known as motorsport valley. Silverstone hosted the first Formula One championship race in 1950. "The company is now investing for growth across the Aston Martin and Lagonda brands," said Chief Executive Andy Palmer in a statement, also announcing the opening of a central London office. Aston said the new locations would help increase the firm's total workforce by over half to 5,000 by the end of 2022. After six years of losses, Aston Martin swung to a pretax profit in 2017, and the company has said it is considering a stock market IPO, which sources have told Reuters could come as soon as this year. Reporting by Costas PitasRelated Video:

Aston Martin Valkyrie | Autoblog Minute

Aston Martin has been teasing the Valkyrie hypercar off and on the last couple of years, first as the RB-001, and now with its official name, and it has just released images and information of the most production-ready variant yet. Aston Martin Autoblog Minute Videos Original Video

The Aston Martin Valkyrie and its V12 sound insane

Formula 1 is where the mind goes when we listen to this teaser engine clip of the Aston Martin Valkyrie hypercar. And we're not talking about the lame-sounding turbo cars they're racing now. No, this sound brings to mind the stupid-high-revving machines of the 2000s. It makes sense too, because we've been told that the 6.5-liter naturally aspirated V12 engine is loosely based on Cosworth's 2.4-liter V8 it made for Formula 1. Rumors place the Valkyrie engine somewhere around 1,000 horsepower with a kinetic energy recovery system providing even more thrust. We've seen a number of reports putting the final combined figure around 1,130 hp, but the actual number will remain a mystery for the time being. The sound of "THE" GREAT British car company! Thank you @Cosworth @redbullracing #AstonMartinValkyrie #NaturallyAspirated#V12 pic.twitter.com/HmEICj29uH — Andy Palmer (@AndyatAston) October 3, 2018 This video with the Valkyrie's soundtrack layered behind it comes courtesy of Aston Martin CEO Andy Palmer. Dramatic renderings of the Valkyrie cycle through in the background, but the noise is what we're paying attention to here. The engine's redline is reportedly 11,000 rpm and we don't doubt it after listening to the soundtrack more than a few times. No other production car revs that high — even LaFerrari tops out at 9,250 rpm. The team definitely has the engine working, and production is slated to kick off sometime in 2019. We'll be waiting impatiently until then to hear that insane V12 in person. Related Video: Aston Martin Coupe Performance Supercars hypercar Aston Martin Valkyrie