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Aston Martin valued at US$1bn after minority stake sale
For the first time, Lawrence Stroll has allowed outside investment into Aston Martin, with a private investment firm taking a minority stake. Image: James Moy/XPB The Aston Martin F1 team has been valued at US£1 billion (AU$1.55bn) after selling a minority stake. Private investment firm Arctos Partners has acquired an unconfirmed percentage in AMR Holdings GP Limited, the team’s holding company, with the deal expected to close by the end of the year. Arctos already has a stake in Major League Baseball team, Boston Red Sox, and the Fenway Sports Group, owner of the English Premier League club Liverpool. It is the first time Stroll has allowed outside investment in the team he acquired in...
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11mo ago from SpeedCafe.com
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