Formula One outfit Red Bull and British luxury carmaker Aston Martin have announced a technology partnership to build an Aston Martin-branded supercar.

Red Bull's chief designer Adrian Newey will work with Aston Martin's design boss Marek Reichman on the car, dubbed Project AM-RB-001, Red Bull said.

"This is a very exciting project for everyone at Red Bull Racing," team principal Christian Horner said in a statement.

"Through this innovation partnership the iconic Aston Martin logo will return to grand prix racing for the first time since 1960, and Red Bull Advanced Technologies, led by Adrian, will be using Formula One DNA to produce the ultimate of all road cars."

As part of the tie-up, Red Bull's RB12 cars will carry the Aston Martin wings logo throughout the 2016 Formula One season starting at the Australian Grand Prix in Melbourne this weekend.

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