Aston Martin admits a bid at the Formula 1 championship is unlikely next season despite the new regulations being introduced.

The Silverstone-based outfit is considered to be in a better position to capitalise on the all-new cars which have been created to promote a closer grid and end the current Mercedes and Red Bull duopoly at the front.

However, while it's now three years since Lawrence Stroll took over ownership of the former Force India team in the summer of 2018, he played down immediate success because his vision is still in its early stages.

"My track record, pretty much as with every other business I own, is to win," the Canadian entrepreneur stated.

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"In this case, winning in Formula 1 means obviously world championships, and ultimately that's what we are striving for, what I am striving for.

"Of course, we all know that success in Formula 1 - or any other business for that matter - doesn't come overnight. It takes years to put the right people, the right tools, the right processes in place.

"But we are building and investing in our team, with the ambition of moving up the grid year by year, and our ultimate ambition is to win world championships.

"We’re currently in a good place, we’re not really compromising on anything. But I don’t think you could realistically plan on winning before four or five years. I think that’s realistically what it takes."

Aston Martin team boss Otmar Szafnauer agreed, noting how long it took others before them to achieve success.

“We are working hard on next year and we will do our best to win the world title next year. But if you look historically, it does take time to put the infrastructure in place, the people in place to be able to challenge for a World Championship,” he told Racer.

“Even Mercedes — who bought Brawn GP, who were World Champions — it took them another four years to win.

“So it’s just what it takes when you have the goal, the ambition, the objectives and the funding to put the infrastructure in place, as well as the correct people, and then challenge for the World Championship.”