Now, speaking with RacingNews365, former Ferrari engineer Ernest Knoors believes that a move to the iconic Italian team is the best option for Newey.
"I'm a bit biased in that,” he said. “Look, ultimately Formula 1 is the pinnacle. But within F1, if you then take on one last challenge and you go purely for the emotion, I think Ferrari is actually the right end station.
"Ferrari is a team that has a huge tradition, a huge passion and hasn't won for a very long time."
Ferrari have been on a long drought of title success, with their last drivers’ championship coming from Kimi Raikkonen in 2007, and their last constructors’ title coming a year later.
The team have come close to championships with Fernando Alonso and Sebastian Vettel in recent years, but have ultimately missed out, and this is why, according to Knoors, it would make sense for Newey to end his career with Ferrari.
"If, as a design legend, you want to do one more 'last dance' and you can lead Ferrari to a drivers' or constructors' title, yes, that would be a tremendous conclusion to your career," he added.
Knoors and Newey are no strangers, having been rivals on the grid throughout the former’s career.
However, they both worked in the paddock with a strong passion for the sport, and Knoors believes that this will be a major factor in Newey’s decision about his next move.
"If I know Newey a little bit, that is something that does attract him tremendously,” he continued.
“[It] has to be added, though. If he goes to Ferrari, he lives in England, works in England.
"At Aston Martin he could very well stay in England and at Mercedes too. So that could possibly play a role as well. But if I have to put my money on it, we'll soon see him behind a nice plate of pasta in Maranello."