News Details
Lawrence Stroll Explores Stake Sale in Aston Martin F1 Team
Billionaire Lawrence Stroll is currently in preliminary discussions to offload another minority share of his Aston Martin Formula One team, aiming to leverage the sport's surging popularity, sources familiar with the matter revealed. Stroll, who maintains ownership of the F1 team distinct from his position in luxury automaker Aston Martin Lagonda Global Holdings Plc, is reportedly open to divesting up to 25 percent of the racing entity, the sources disclosed on condition of anonymity due to the confidential nature of the talks. Seeking to surpass the £1 billion (US$1.3 billion) valuation from the previous November deal with US private equity firm Arctos Partners, the Canadian magnate is...
Full Story »
Full Story »
1y ago from Formula1News.co.uk
0
You May Also Be Interested In...
Stroll reportedly mulling selling stake in Aston...
© XPB Michael Delaney
27/04/2024 at 09:3727/04/2024 at 09:49...
1y ago from F1i.com
F1 boss 'in early talks' to SELL 25 percent of team
It has been reported that Aston Martin team owner Lawrence Stroll is...
1y ago from GPFans.com
Stroll could sell up to 25% stake in Aston Martin F1...
Lawrence Stroll is involved in initial discussions regarding him selling a...
1y ago from MotorsportWeek.com
'Lawrence Stroll puts Aston Martin F1 minority shares...
Lawrence Stroll is in talks to sell a minority stake in his Aston Martin...
1y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Shoulder injury pushes Marc Marquez into his...
No description available...
4h ago from Motorsport.com
Exclusive: Ai Ogura in, Alex Rins out at Yamaha for...
No description available...
1d ago from Motorsport.com
Guenther Steiner: MotoGP riders ‘need to be of a...
Tech3 KTM CEO Guenther Steiner has continued to share his admiration for...
2d ago from MotorsportWeek.c...
KTM backs “unlucky” Maverick Vinales to return and...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Andretti confirmed to field just three cars for Indy...
Andretti Global has confirmed that the team will only run three cars in...
2d ago from MotorsportWeek.c...
AJ Foyt Racing adds Toby Sowery as reserve driver
No description available...
3d ago from Motorsport.com
Toby Sowery joins AJ Foyt Racing in IndyCar reserve...
AJ Foyt Racing has appointed Toby Sowery as the team’s reserve driver...
2d ago from MotorsportWeek.c...
Feature: RLL’s split fortunes in Barber highlight...
At the most recent IndyCar race from Barber Motorsports Park, Graham...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Thierry Neuville crashes out of Croatia lead in final...
A dramatic WRC Rally Croatia kept the biggest shock for the Wolf Power...
1h ago from MotorsportWeek.c...
WRC Croatia: Takamoto Katsuta wins after final stage...
No description available...
2h ago from Motorsport.com
Thierry on top in Croatia
Thierry Neuville and Martijn Wydaeghe are on track to claim Hyundai’s...
21h ago from MotorsportWeek.c...
WRC Croatia: Hyundai closes in on first win to end...
No description available...
18h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal latest: Gunners must land blow on City to...
No description available...
1h ago from SkySports.com
Arsenal could terminate Mikel Arteta’s contract and...
Arsenal manager Mikel Arteta and his players have come under intense...
41m ago from SportsKeeda.com
'I've already felt what it's like to win there' -...
Arsenal forward Gabriel Jesus has left the door open to leaving the club.
1h ago from SportsKeeda.com
Brazil International rejects Manchester United and...
Brazil international and Atalanta midfielder Ederson has reportedly...
3h ago from SportsKeeda.com
Comments
Hottest News
Ex-F1 star names the one driver who was harder to race than...
Former F1 star Jacques Villeneuve has revealed... Read More »
4h ago from MotorsportWeek.com
Lance Stroll handed staggering 12 penalties during F1 break
Aston Martin star Lance Stroll and his team were... Read More »
1h ago from GPFans.com
Max Verstappen backed for sensational F1 swap deal
Max Verstappen could potentially be in the midst... Read More »
3h ago from MotorsportWeek.com
