News Details
F1 sale values Aston Martin team at whopping $1.2 billion
Nov.17 Formula 1 team Aston Martin has been valued at a whopping $1.2 billion. The valuation, made by financial media company Bloomberg, comes after Lawrence Stroll sold a minority stake in the Silverstone based team to Arctos Partners – an American private equity firm. 'The investment values the F1 team at about 1 billion pounds, or $1.2 billion, according to a person familiar with the deal,' correspondent Jamie Nimmo said. Billionaire Stroll, whose son Lance races for the team, said of Arctos: 'They share our vision for our ultra-luxury brand, and they are extremely passionate about the sport and its prospects.' The Canadian admitted recently to holding 'conversations' with...
Full Story »
Full Story »
2y ago from OneStopStrategy.com
0
You May Also Be Interested In...
Stroll sells Aston Martin F1 team shares to Arctos
Aston Martin Formula 1 team reported it had agreed on an investment by...
2y ago from GrandPrix247.com
New investment values Aston Martin at over $1.2bn
Private equity firm Arctos Partners has bought a minority shareholding in...
2y ago from espnF1.com
F1: Aston Martin sells stake in team to private...
Aston Martin has entered an agreement for Arctos Partners to buy an...
2y ago from Pitpass.com
New co-owner at Aston Martin F1: team value over £1bn!
Formula 1 is in Las Vegas, the city of big money. For Aston Martin's F1...
2y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Toprak Razgatlioglu “always sad” over lack of pace...
No description available...
1h ago from Motorsport.com
Fabio Quartararo warns Yamaha MotoGP rebuild could...
No description available...
19h ago from Motorsport.com
Pedro Acosta found Ducati and Aprilia’s pace...
No description available...
21h ago from Motorsport.com
MotoGP Buriram test: Marco Bezzecchi breaks track...
No description available...
23h ago from Motorsport.com
Popular On IndyCarToday.com
Paddock optimism for IndyCar’s new independent...
Drivers in the NTT IndyCar Series are largely happy to see the series’...
1d ago from MotorsportWeek.c...
Mick Schumacher gaining confidence on ovals after...
No description available...
2d ago from Motorsport.com
IndyCar expanding global broadcasting presence for the...
No description available...
3d ago from Motorsport.com
IndyCar grows international broadcast offerings for...
The NTT IndyCar Series has announced that its already extensive global...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
1w ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
1w ago from Motorsport.com
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
1w ago from Motorsport.com
Elfyn Evans wins Swedish showdown
Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...
1w ago from MotorsportWeek.c...
Popular On GunnersToday.com
Julian Alvarez makes future decision amid rising...
Julián Alvarez could be at the centre of one of the summer’s intense...
29m ago from CaughtOffside.com
Wayne Rooney delivers verdict on who among Eberechi...
Manchester United legend Wayne Rooney reckons Eberechi Eze is Arsenal's...
1h ago from SportsKeeda.com
Sp*rs 1-4 Arsenal: Eze and Gyokeres at the double
Match report – Player ratings – Arteta reaction – Video...
3h ago from Arseblog.com
‘He’s been a real nuisance' – Gary...
Football pundit Gary Neville praised Arsenal striker Viktor Gyokeres for...
3h ago from CaughtOffside.com
Comments
Hottest News
Fernando Alonso F1 retirement ‘very likely’ as Aston...
2026 was supposed to be a glorious F1 renaissance... Read More »
1h ago from GPFans.com
Andrea Stella says McLaren & Red Bull close, Ferrari &...
Reigning Formula 1 Champions McLaren may not have... Read More »
29m ago from GrandPrix247.com
Red Bull best at deployment but Mercedes closing the gap -...
George Russell believes Red Bull Racing still... Read More »
30m ago from F1i.com
