Stroll had commissioned investment bank Raine Group to help find a buyer for Aston Martin’s entire stake in the F1 team in efforts to increase the sportscar manufacturer’s liquidity.
Aston Martin has confirmed its plans to sell its minority £74 million stake in its F1 team. ** Aston Martin F1 has since responded to the news via a statement of its own, which you can read here.
A buyer for the newly-available chunk of the F1 team has not been named. Aston Martin has also not disclosed just how much of the team that $95 million stake represents, although the size of the ...
However, the F1 stake sale won’t impact Aston Martin’s existing sponsorship deal for the team, ensuring its continued presence in the sport through at least 2030. Stroll’s son, Lance ...
In fact, Aston said it was a sign that the team would be in F1 for “decades.” Billionaire Lawrence Stroll, who is chairman of Aston Martin and who controls its F1 team as a separate concern ...
In a rare and intriguing development in the world of Formula 1, Aston Martin Lagonda has announced that it is selling its minority stake in the Aston Martin Aramco F1 team. This move, spearheaded by ...
Aston Martin set to sell its F1 team stake but assures a secure future in Formula 1 In a bid to facilitate the sale, Aston Martin has enlisted the services of the Raine Group, a prominent ...
Aston Martin is selling its stake in the Aston Martin Formula One team to focus on revitalizing its core automotive business, while team owner Lawrence Stroll has doubled down on his commitment ...
Aston Martin is ready to sell a stake in its F1 team worth approximately £74m. Lawrence Stroll, part owner of the team, said the following on the sale: "I am pleased to clearly demonstrate my ...
The Aston Martin F1 team is set to sell a minority stake in the company, as confirmed by co-owner and executive chairman Lawrence Stroll. The team intends to infuse more money into its F1 ...