Beijing, Nov. 27 -- Adrian Newey will take over as Aston Martin's Formula 1 team principal from the start of next year in a major restructuring at the Silverstone-based outfit.

The move ends Andy Cowell's 13-month spell in charge. The 56-year-old will shift into a new position as chief strategy officer, focusing on Aston Martin's integration with its 2026 power-unit partner Honda.

Newey, 66, joined the team in March after having left Red Bull last year. He initially signed a five-year contract as managing technical partner and could earn up to 30 million pounds per year, including bonuses. The team said the leadership change would allow both figures to focus on their core strengths.

The reshuffle follows what insiders described as disagr...