Krack will be tasked with propelling Aston Martin to the front of the grid following an underwhelming first campaign back on the F1 grid.
This year, Formula 1 will introduce new technical regulations aimed at promoting closer and more interesting racing atmosphere.
The team based the design of its 2020 car on the title-winning Mercedes vehicle from the previous season when they were known as Racing Point.
Szafnauer is sure that Aston Martin is on the correct track, despite the fact that he has no knowledge of how the other teams have done.
Sebastian Vettel's tenure at Aston Martin got off to a shaky start, with reliability issues hampering his running in pre-season testing and a disastrous first race.
Aston Martin, by their own admission, was negatively impacted by this year's changes to the aerodynamic regulations.
F1 said that the award was "designed to celebrate the bravery exhibited by drivers who make bold moves in pursuit of success" in a statement.
The 24-year-old racer currently drives an Aston Martin Vantage GT4 for the AGS Events Racing team.
Four-time Formula 1 world champion Sebastian Vettel has had a tough time of things thus far in his new team Aston Martin.
Aston Martin will benefit from the 33-year-old’s F1 pedigree – 176 race starts, including successful campaigns with Williams and Renault.