News Details
Lawrence Stroll to boost stake in Aston Martin
Racing Point F1 owner Lawrence Stroll is set to boost his stake in Aston Martin, but the move comes on the back of another collapse this week of the luxury automaker's share price. In January, Stroll and a consortium of investors stepped in to provide Aston Martin with an influx of capital of £182m in exchange for a 16.7 per cent holding in the beleaguered company. The group also agreed to provide Aston with a short-term loan of £55.5m. Overall, Aston Martin was expected to raise a total of £500m from investors through a rights issue to help it revive its fortunes. Stroll: New Aston Martin strategy rooted in F1 team However, the company's dwindling stock price of late, impacted by the...
Full Story »
Full Story »
You May Also Be Interested In...
Lance Stroll hits the court with Lleyton Hewitt
Before hitting the track at Albert Park on Friday, Racing Point's Lance...
4y ago from F1i.com
Racing Point expecting 'harder than ever' tyre...
Racing Point technical director Andy Green expects teams to be challenged...
4y ago from F1i.com
Marko confirms Red Bull Racing 'just wanted to race'
Helmet Marko and Aston Martin Red Bull Racing didn't want the Australian...
4y ago from GPBlog.com
Racing Point drivers preview the Australian Grand Prix
Racing Point drivers preview the Australian Grand Prix, weekend, Round 1...
4y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Pramac's Morbidelli still "missing freedom"...
No description available...
15h ago from Motorsport.com
F1 owner Liberty Media set to finalise purchase of...
Formula 1 owner Liberty Media are in talks to buy Madrid-based company...
20h ago from MotorsportWeek.c...
Oliveira frustrated by "baby steps" as 2024...
No description available...
20h ago from Motorsport.com
F1 owner Liberty Media set to finalise purchase of...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
The good, bad, and ugly of IndyCar's half-baked...
No description available...
13h ago from Motorsport.com
Rasmussen, Siegel and Simpson complete oval rookie...
No description available...
1d ago from Motorsport.com
Rosenqvist: Confidence within MSR growing with every...
Felix Rosenqvist has started off his time with Meyer Shank Racing on a...
1d ago from MotorsportWeek.c...
Rising concerns in IndyCar over PFC’s braking system
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
How WRC Rally1 teams embraced the return of the...
No description available...
14h ago from Motorsport.com
Kenya president pushing for longer WRC Safari Rally
No description available...
12h ago from Motorsport.com
Neuville pips Tänak in Safari opener
FIA World Rally Championship leader Thierry Neuville took a slender...
14h ago from MotorsportWeek.c...
WRC Safari Rally: Neuville edges Tanak to grab early...
No description available...
18h ago from Motorsport.com
Popular On GunnersToday.com
Barcelona looking to take advantage of 32-year-old...
There was a time in the not too distant past when Barcelona, one of the...
38m ago from CaughtOffside.com
FPL 2023-24: Best Fantasy Team for Gameweek 30 | FPL...
No description available...
28m ago from SportsKeeda.com
Episode 778 – The Preview
Welcome to another episode of the Arsecast – the Arsenal podcast. In...
1h ago from Arseblog.com
Crunch time: Easter games that have shaped the Premier...
the sharp end of the season fast approaches, here are four classic matches...
14h ago from TheGuardian.com
Comments
Hottest News
F1 News Today: Vettel CONFIRMS stunning comeback as Red...
Ever since Lewis Hamilton made the shock... Read More »
2h ago from GPFans.com
Vettel CONFIRMS F1 comeback and reveals what's holding it up
Ever since Lewis Hamilton made the shock... Read More »
12h ago from GPFans.com
Wolff issues Mercedes plea amid 'brutally painful' period
Mercedes has fallen back in the Formula 1 pecking... Read More »
1h ago from RacingNews365.com