News Details
Aston Martin sells F1 team amid share price decline
Aston Martin is set to sell its minority stake in the Aston Martin Formula 1 team as part of a strategic effort to improve its financial standing. The iconic British automaker has agreed to transfer its £74 million investment to the team's current ownership group, led by billionaire Lawrence Stroll. As part of the agreement, Stroll will also inject an additional £52.5 million into the team, further solidifying his control over the Silverstone-based outfit. Ownership Shift but No Change in Team Identity Despite the sale, Aston Martin will continue to have a presence in Formula 1. The team will retain the Aston Martin name under a long-term sponsorship and licensing deal. This means the...
Full Story »
Full Story »
3mo ago from Formula1News.co.uk
0
You May Also Be Interested In...
Aston Martin sells F1 stake as Stroll invests more...
Aston Martin will raise more than 125 million pounds ($161.9 million)...
3mo ago from GrandPrix247.com
F1: Aston Martin sells stake in F1 team
Car manufacturer Aston Martin is to sell its stake in the F1 team that...
3mo ago from Pitpass.com
Liam Lawson AXED by Red Bull as official team...
A statement from Red Bull team boss Horner has confirmed that Liam Lawson...
4mo ago from GPFans.com
Toto Wolff replacement announced ahead of 2025...
Mercedes team principal Toto Wolff will once again miss the Japanese...
3mo ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Why Alex Rins can't wait for Yamaha's V4 engine
No description available...
1d ago from Motorsport.com
Brazil replaces Argentina as 2026 MotoGP calendar...
The 2026 MotoGP calendar has officially been released and the new season...
3d ago from MotorsportWeek.c...
Luca Marini gets new Honda MotoGP deal for 2026
No description available...
6d ago from Motorsport.com
Brazilian GP replaces Argentina in 2026 MotoGP calendar
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Untouchable Alex Palou eases to IndyCar victory at...
The IndyCar paddock travelled over 2700 miles from the event last...
3h ago from MotorsportWeek.c...
IndyCar Laguna Seca – Race Results
IndyCar traveled clear across the country since last weekend’s race,...
3h ago from MotorsportWeek.c...
It's all Alex Palou in dominant IndyCar Laguna Seca...
No description available...
2h ago from Motorsport.com
IndyCar Laguna Seca – Qualifying Results
IndyCar traveled to the West Coast for a round at the historic Laguna...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
How Oliver Solberg’s rapid WRC return shakes up...
No description available...
1w ago from Motorsport.com
Monaco GP circuit stage in frame for WRC comeback in...
No description available...
2d ago from Motorsport.com
Oliver Solberg stuns WRC field to lead Rally Estonia...
No description available...
1w ago from Motorsport.com
How WRC rivals reacted to Oliver Solberg's first...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal 3-2 Newcastle – observations
Hey folks, I'm still here in Singapore. My flight is quite a bit later...
18m ago from Arseblog.com
Former Tottenham player wishes he had joined Arsenal...
Former Premier League attacker Adel Taarabt has suggested that he had the...
7h ago from CaughtOffside.com
'We are extremely happy to have him' - Mikel Arteta...
Arsenal manager Mikel Arteta has expressed his joy at having teenage star...
9h ago from SportsKeeda.com
Mikel Arteta provides update as Arsenal star picks up...
Arsenal boss Mikel Arteta gave an update on Riccardo Calafiori's injury is...
9h ago from SportsKeeda.com
Comments
Hottest News
Marko confirms the real reason why Red Bull sacked...
Red Bull Racing’s decision to sack team... Read More »
16h ago from GPFans.com
F1 Results Today: Norris blows title chance as Hamilton...
A delayed Belgian Grand Prix was won by a... Read More »
9h ago from GPFans.com
Hamilton wants to 'build on this momentum' after...
Having delivered a sensational comeback drive in... Read More »
48m ago from F1Technical.net