News Details

Racing Point to become works Aston Martin team in 2021!

Lawrence Stroll's Racing Point F1 outfit will become the works Aston Martin team from 2021 following the Canadian billionaire's acquisition of a 20 percent stake in the luxury car manufacturer. It was announced on Friday that Stroll will invest 200 million pounds in Aston Martin and help revive the fortunes of the ailing manufacturer whose share price and profits have plummeted since the company's floating in October 2018. Racing Point F1 reveals launch date for 2020 contender Overall, Aston Martin will raise a total of 500 million pounds from its consortium of investors. Stroll will also join the company's board as executive chairman. Aston Martin Chief Executive Andy Palmer said Stroll...
Full Story »
6y ago from F1i.com 0
Share

You May Also Be Interested In...

Racing Point to become Aston Marton F1 Team

Lawrence Stroll buys stake in Aston Martin, as his F1 team, Racing Point,...
6y ago from Pitpass.com

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

Racing Point owner Lawrence Stroll is one of two bidders left in the...
6y ago from GrandPrix247.com

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

Aston Martin has convened a board meeting with two parties, including...
6y ago from PlanetF1.com

Challenging start to the 2020 season for Heart of...

Facebook Twitter ReddIt Email If you were anything like me, you were...
6y ago from TheParcFerme.com

Elsewhere On The Network

Popular On MGPToday.com

‘A World Champion cannot do a mistake like that'...

Aprilia CEO Massimo Rivola admits he “would not disagree” if Jorge...

MotoGP's expected departures leave WorldSBK's 2027...

As MotoGP's 2027 rider line-ups near completion, multiple expected...

Popular On IndyCarToday.com

Josef Newgarden did not know Christian Rasmussen...

Josef Newgarden won Sunday night’s thriller at World Wide Technology...
18h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Chelsea and Arsenal interested in signing 70...

Premier League giants Chelsea and Arsenal are both keen on signing...
58m ago from SportsKeeda.com

Ornstein confirms Arsenal have made their first major...

Arsenal are set to appoint Arnaldo Abrantes as their new doctor following...
1h ago from CaughtOffside.com

Contact made: Arsenal & Chelsea on alert as star...

Arsenal and Chelsea are reportedly both interested in a potential transfer...
1h ago from CaughtOffside.com

Worry for Arsenal and England as Thomas Tuchel reveals...

England manager Thomas Tuchel has admitted he'll have to be a bit careful...
5h ago from CaughtOffside.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.