Mexico City, Mexico - Force India boss Vijay Mallya on Friday (October 30) confirmed media reports that his team are discussing a rebranding title sponsorship deal with Aston Martin.
In July 2015, Wheels24 reported that the luxury marque has had plenty of approaches from Formula 1 teams wanting to bring the brand back to the sport.
In a news conference at the Mexican Grand Prix, Mallya was asked about the prospect of the Silverstone outfit being renamed as Aston Martin Racing, a move that would see the British car-maker return to F1 for the first time since 1960.
Aston Martin keen to enter F1
He said: "It's premature to say anything has been done. We have many options and I will be able to confirm or otherwise when I have something to say.
"And I as I said to Autosport (autosport.com) nothing is done until it is done and I don't like to count my chickens before they are hatched."
Aston Martin is reported to wish to enter F1 to compete against its sportscar-manufacturing rivals Ferrari and McLaren.
Aston Martin has discussed a return to F1 with Red Bull and Williams before switching to Force India, who race using Mercedes engines.
Mercedes-Benz is a shareholder in Aston Martin.