News Details

Aston Martin weighing up Stroll & Geely's £200m bids

Aston Martin has convened a board meeting with two parties, including Racing Point owner Lawrence Stroll, ready to put down £200m for a 20 percent stake in the company. Aston Martin is by all accounts a troubled sportscar brand, resulting in the company desperately requiring a financial injection. Stroll has stepped forward as too has Chinese company Geely Automobile Holdings. According to the Financial Times, Aston Martin could decide as early as Friday who has the winning bid. Both parties have agreed to put down £200 million for a 20% stake while also saying they would invest more money immediately. All Aston Martin has said on the matter is that it 'remains in discussions with...
Full Story »
5y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Stroll Lining-Up £200m, 20% Stake in Aston Martin

Racing Point owner Lawrence Stroll is one of two bidders left in the...
5y ago from GrandPrix247.com

‘Stroll more hands on and present than Mallya'

Racing Point owner Lawrence Stroll has taken a 'much deeper interest' in...
6y ago from PlanetF1.com

There was 'a huge difference” between Vijay Mallya...

Otmar Szafnauer believes that Racing Point's name change from Force India...
6y ago from GPBlog.com

Hamilton and Mercedes react to media reports

While there was a certain amount of credibility to the media claim that...
5y ago from Pitpass.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Ryan Briscoe to coach RLL drivers, fueling speculation...

Rahal Letterman Lanigan Racing has announced that it has brought on two...

Wienie 500 returns for second year in build-up to Indy...

Indianapolis Motor Speedway has announced that the Oscar Meyer Wienie 500...

Alex Palou responds to McLaren court ruling

Alex Palou has been ordered to pay McLaren Racing over $12 million...

Popular On TotalWRC.com

Popular On GunnersToday.com

'They gave us a bit of hope' - Manchester City star...

Manchester City midfielder Bernardo Silva has said that Arsenal dropping...
33m ago from SportsKeeda.com

Scouting mission confirmed: Man Utd step up move for...

Manchester United have been linked with Nathaniel Brown in recent weeks,...
2h ago from CaughtOffside.com

Little bugs

When I zoom out, it does feel a little strange to be convening a crisis...
2h ago from Arseblog.com

Paul Merson predicts Leeds vs Arsenal, Tottenham vs...

Some unbelievable stuff happened in the Premier League last weekend! I...
4h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.