News Details
Stroll lines up ‘£200m' Aston Martin F1 investment
Racing Point owner Lawrence Stroll will invest £200m into his F1 team, set to become Aston Martin, over the next five years. Stroll, who heads a consortium which bought the team back in 2018, led the group of investors to buy a 25% stake in British sportscar manufacturer Aston Martin earlier this year. As part of the deal, Stroll will rebrand his Racing Point team to be known as Aston Martin from 2021. Aston Martin Lagonda will officially be the title sponsor of the team, but documents produced by Racing Point show significant investment is on its way. As reported by thisismoney.co.uk, On February 17, Racing Point voted to ‘to allot ordinary shares… in the company up to a...
Full Story »
Full Story »
4y ago from PlanetF1.com
0
You May Also Be Interested In...
'Vettel can be a great asset to Stroll's plans with...
As of next season, Racing Point will go through life as the Aston Martin...
4y ago from GPBlog.com
Lance Stroll signed up for 2021 - Szafnauer
May 18 Lance Stroll is already signed up to remain at Racing Point - to...
4y ago from OneStopStrategy.com
Szafnauer confident Stroll can now race among top-10
Racing Point team boss Otmar Szafnauer believes the performance of the...
4y ago from F1i.com
Vettel has one option less: Aston Martin sticks to...
There were rumours that Sebastian Vettel could leave for Aston Martin in...
4y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Alex Marquez tops Barcelona MotoGP test as Marc makes...
No description available...
12h ago from Motorsport.com
Mir on Honda's lack of new parts in Barcelona MotoGP...
No description available...
10h ago from Motorsport.com
Marquez completes first laps on factory Ducati in...
No description available...
17h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar hopefuls complete test day at Thermal Club
Six different drivers completed a private test day at The Thermal Club on...
5h ago from MotorsportWeek.c...
Arrow McLaren parts ways with IndyCar Team Principal...
Arrow McLaren announced on Tuesday that Team Principal Gavin Ward has...
10h ago from MotorsportWeek.c...
Arrow McLaren and Team Principal Gavin Ward part ways
No description available...
12h ago from Motorsport.com
Despite three IndyCar titles, Palou feels incomplete...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Toyota targets "almost perfect” Rally Japan to...
No description available...
17h ago from Motorsport.com
How losing hybrid will affect WRC Rally1 cars in 2025
No description available...
1d ago from Motorsport.com
Croatia strikes new deal to rejoin WRC in 2026
No description available...
4d ago from Motorsport.com
WRC drops hybrid power as part of 2025 Rally1 refresh
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Official announcement soon: latest Man City update is...
Pep Guardiola has agreed a contract extension with Man City which will see...
6h ago from CaughtOffside.com
West Ham could have £27.5m failure back for major...
West Ham and Niclas Fullkrug is a relationship that has yet to get going...
6h ago from CaughtOffside.com
Newcastle 'idol' Bruno Guimaraes addresses Man City...
Newcastle United 'idol' Bruno Guimaraes responds to speculation linking...
9h ago from SportsMole.co.uk
Spurs 'join' Arsenal in race to sign La Liga star...
Tottenham Hotspur reportedly join rivals Arsenal in the race to sign a La...
8h ago from SportsMole.co.uk
Comments
Hottest News
Perez Red Bull future takes SHOCK twist as Ricciardo...
Sergio Perez’s Red Bull future could take a... Read More »
5h ago from GPFans.com
Verstappen makes debut in Honda hypercar: Here are the...
Max Verstappen is fast in anything that has four... Read More »
6h ago from GPBlog.com
MotoGP reveals new identity ahead of Liberty Media's...
Hot on the heels of the nail-biting... Read More »
4h ago from F1Technical.net
