Aston Martin has announced the appointment of former BMW head of motorsport boss Mike Krack as its new Formula 1 team principal.

The Silverstone-based outfit was left head-hunting a replacement for outgoing team boss and CEO Otmar Szafnauer following his departure last week.

Szafnauer, who had worked at the team since 2009, was in charge of the F1 operation before speculation over his future surfaced at the end of last year.

Aston Martin had stressed it would take the time to consider its options before revealing who would take Szafnauer’s place ahead of the 2022 season.

Krack arrives with years of motorsport experience, most recently being in charge of BMW’s racing programmes since 2014.

Prior to his stint at BMW, Krack worked in senior role at Porsche and also spent a decade in F1 at Sauber – working alongside current Aston Martin driver Sebastian Vettel.

“It is a thrill and an honour to have been appointed to the position of Team Principal of Aston Martin Cognizant Formula One™ Team, and I am very grateful to Lawrence [Stroll] and Martin [Whitmarsh] for giving me such a fantastic opportunity,” said Krack.

“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 group CEO Martin Whitmarsh felt Krack’s experience as both a team boss and engineer made him the “idea choice” to lead its F1 team.

“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.”

Aston Martin chairman Lawrence Stroll is clear Krack’s arrival is a key part of the team’s ultimate aim to become a serious title contender in the future.

“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,” Stroll said.

“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.”