2007 Aston Martin Vantage 6-speed Power Pack on 2040-cars

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Aston Martin has another mid-engine supercar in mind

It seems Aston Martin is really gaining some valuable knowhow from Chief Technical Officer Max Szwaj, who has moved in from Ferrari. Having worked on mid-engine Ferraris for years, Szwaj is now focusing on mid-engine Aston Martins, such as the upcoming Valkyrie. The limited-edition car, its name revealed at Geneva, is co-developed with Red Bull. But it likely won't be the only mid-engine future Aston. Talking to Autocar in Geneva, Aston's CEO Andy Palmer said the Valkyrie is "important in establishing Aston as a credible maker of mid-engined models." The Valkyrie is the first since the one-off Bulldog prototype built in 1979. It could spawn a mid-engine companion in 2021, a rival to the Ferrari 488 GTB and McLaren 720S, and would possibly receive valuable engineering input from Red Bull's Adrian Newey, a famed F1 engineering legend. The Valkyrie would remain a limited-production halo car, as only 175 will be built and each will cost $3 million – but it seems lessons learned from it would be used to craft a significant mid-engine supercar. What is especially remarkable about the Valkyrie is that its development has been completely virtual up until now, and the first prototype cars will commence road testing later in the year.Related video:

Aston Martin to cut up to 500 jobs to reduce costs

LONDON — British luxury carmaker Aston Martin plans to shed up to 500 jobs as it seeks to bring its cost base into line with reduced sports car production levels, it said on Thursday. The job cuts come just days after Aston Martin's second-largest investor reduced its stake in the company, and a week after it confirmed that Tobias Moers, CEO of Mercedes-AMG, would become chief executive on August 1, replacing Andy Palmer. The 107-year old firm said the job losses reflected lower than originally planned production volumes and improved productivity across the business. An employee and trade union consultation process will be launched in the coming days. Aston Martin, famed for being fictional secret agent James Bond's car of choice, has seen its share price plummet since floating in October 2018. Last month it posted a deep first-quarter loss after sales dropped by almost a third due to the impact of the novel coronavirus outbreak. "The measures announced today will right-size the organizational structure and bring the cost base into line with reduced sports car production levels, consistent with restoring profitability," it said. It said its first sports utility vehicle (SUV), the DBX, which is key to boost volumes and appeal to new buyers including more women, remains on track for deliveries in the summer and has a strong order book. Aston Martin is also reducing costs and removing non-critical expenditure in other areas, including contractor numbers, site footprint, marketing and travel. It said the restructuring is expected to deliver total annual savings of about 38 million pounds ($47.6 million). Restructuring costs are expected to be about 12 million pounds. Shares in Aston Martin, down 78% over the last year, closed Wednesday at 68.9 pence, valuing the business at 1.05 billion pounds.  

Aston Martin Project 003 is a road-going evolution of Valkyrie

The Aston Martin Project 003 will effectively be the most road-going example of Aston's mid-engined hypercars. It quite obviously draws heavily from the Valkyrie (aka Project 001), which is as much the result of aerodynamic requirements as it is maintaining a family resemblance. It may not appear to be as extreme in certain respects, and it isn't, but it does feature a number of advances. The 003 utilizes the next-generation of "aircraft morphing technology, to create a variable airfoil across the entirety of the rear wing. The technology named FlexFoil ... has been validated by NASA through extensive performance and acoustic flight testing, with Aston Martin the first to implement this cutting-edge aerospace technology in the automotive industry. The system allows for the car's downforce to be changed without changing the physical angle of the entire element." So yeah, fancy stuff, and in fact, the production version will feature an even further evolution of the technology. Aston hasn't released full details, but did indicate the 003 will be powered by a hybrid powertrain consisting of a new turbocharged V6 developed in-house. This is in contrast to the Mercedes-sourced engines in recent Aston Martins. It will feature a sealed oil system previously utilized in the Aston Martin Vulcan and in multiple 24-hour endurance races that allows for oil changes in 90 seconds and the refinement and reuse of the engine oil itself. The production 003 will be the first road-going car to receive this technology. There is plenty shared with Valkyrie, however, including the active suspension and various electronic systems. Aston says the chassis will be "blessed with next-level precision, control and driver connection for class-leading dynamics on road and truck." Also like the Valkyrie, Project 003 utilizes a lightweight carbon fiber structure with carbon fiber bodywork. It was shaped for maximum aerodynamic effect, which results in the two mid-engine hypercars sharing a common shape and general look. One noteworthy visual difference are the front and rear lighting units. Their lightweight technology are shared, however. Aston Martin says the 003's four lighting units weigh less than one DB11 headlamp. Inside is where the 003 most ventures away from the Valkyrie, and where it demonstrates its more road-going nature. Greater concessions have been made for usability and comfort, although that is certainly relative.