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What does Racing Point's investment into Aston Martin mean?
It's now official that Racing Point will become an Aston Martin ‘works' team from 2021, so what's the full story behind the investment from Lawrence Stroll? On Friday, it was announced that a long-rumoured financial link-up between Lawrence Stroll and Aston Martin had finally happened. Documents issued from the London Stock Exchange showed that Stroll's Racing Point consortium, the one he established along with several other investors, had pumped in some £182 million pounds in order to purchase 16.7% of the struggling Aston Martin company. Another of Stroll's investment companies, Yew Tree Overseas, will also pump in £55.5 million pounds in order to provide some short-term money to...
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4y ago from FormulaSpy.com
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