News Details

Stroll: Investment in Aston Martin ensures 'financial strength'

Lawrence Stroll's investment in Aston Martin will ensure the luxury automaker operates from "a position of financial strength" in the future insists the Canadian billionaire. Aston Martin announced on Friday that a consortium of investors led by Stroll will acquire a stake of up to 20 percent in the troubled automaker whose dire financial situation has forced it to seek outside investment. Stroll's partners include JCB Chairman Anthony Bamford, entrepreneur Andre Desmarais, banker Michael de Picciotto, telecoms investor John McCaw and Hong Kong fashion sector investor Silas Chou, all of whom were part of the consortium that took over Force India during the summer of 2018. Racing...
Full Story »
1y ago from F1i.com 0
Share

You May Also Be Interested In...

Will Mercedes remain in Formula 1 now Aston Martin is...

It was announced today that Aston Martin and Racing Point will partner up...
1y ago from GPBlog.com

Racing Point to become works Aston Martin team in 2021!

Lawrence Stroll's Racing Point F1 outfit will become the works Aston...
1y ago from F1i.com

Racing Point and Aston Martin set to work together in...

Racing Point will become Aston Martin's Formula 1 team at the start of...
1y ago from GPBlog.com

Racing Point set to become Aston Martin F1 team as...

Lawrence Stroll has paid £182 million for a 16.7% stake in Aston Martin...

Elsewhere On The Network

Popular On MGPToday.com

Joan Mir: If I see Suzuki wants the same thing I do,...

If one statistic sums up Joan Mir's frustrating MotoGP title defence it's...
6h ago from Crash.net

Moto3: Scott Ogden: 'You have to put your life and...

Scott Ogden joins the Moto3 World Championship with Michael Laverty's new...
6h ago from Crash.net

Casey Stoner: I miss being 'let loose' in MotoGP...

For some riders it’s the jubilation of victory they miss most after...
9h ago from Crash.net

Popular On IndyCarToday.com

‘Logistically quite feasible’ for IndyCar to race...

Mark Miles, president and CEO of Penske Entertainment Corp, has pointed to...

Feature: Ranking the top 10 IndyCar drivers of 2021

The 2021 IndyCar season was a thriller, with the talent-laden field...

Kellett to remain with AJ Foyt in 2022

AJ Foyt Racing has confirmed that Dalton Kellett will be back behind the...

Popular On TotalWRC.com

Popular On GunnersToday.com

Watch: Emile Smith Rowe scores bizarre goal against...

Arsenal attacker Emile Smith Rowe opens the scoring in bizarre fashion...
32m ago from SportsMole.co.uk

Video: Chelsea ace Edouard Mendy called disgraced Man...

Edouard Mendy will have to deal with being misnamed once again as the...
52m ago from CaughtOffside.com

Video: Bruno Fernandes equalises for Man United vs...

Bruno Fernandes has equalised for Manchester United against Arsenal this...
32m ago from CaughtOffside.com

Ralf Rangnick showed ruthless side with...

Per Mertesacker has revealed the ruthless side of Ralf Rangnick in a...
32m ago from DailyStar.co.uk

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.