News Details

Aston Martin's 2021 F1 entry still on target – Stroll

Aston Martin's plans to enter Formula 1 in 2021 are still on track according to the companies incoming Executive Chair, Lawrence Stroll. Stroll, co-owner of the Racing Point outfit, has taken a 25 per cent stake in the British manufacturer, which has cost the Canadian billionaire and his investors £171 million ($210m), plus a further cash injection of £91m ($111m). It is however less than the £195m ($239m) he previously agreed to pay for a 16.7 per cent stake prior to the outbreak of the Covid-19 virus, which saw Aston Martin Lagonda's share price plummet and led to the deal being renegotiated. On Tuesday Aston Martin Lagonda confirmed completion of the new share sale and Stroll's...
Full Story »
Share

You May Also Be Interested In...

Wolff responds to Aston Martin rumours: 'I'm not going...

Mercedes team principal Toto Wolff has denied the rumours of him...
9mo ago from GPBlog.com

Aston Martin still committed to F1 despite potential...

Aston Martin's plans to return to F1 next season as a works outfit are...
9mo ago from F1i.com

Wolff denies reports of receiving Aston Martin offer

Mercedes team principal Toto Wolff has flatly denied reports that he has...
9mo ago from F1i.com

Future of Aston Martin rescued: Lawrence Stroll joins...

The fact that Aston Martin is also suffering from the coronavirus should...
9mo ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

Suzuki's Facebook approach for Rossi led to Brivio as...

Get MotoGP news in your inbox! By signing up to the newsletter you agree...
15h ago from Crash.net

MotoGP team boss condition “fragile”, but...

MotoGP team boss Fausto Gresini remains in a "fragile"...
18h ago from AutoSport.com

Flashback: Rossi, Biaggi grid controversy as Gibernau...

Get MotoGP news in your inbox! By signing up to the newsletter you agree...
19h ago from Crash.net

Popular On IndyCarToday.com

Title sponsor for McLaughlin’s IndyCar campaign...

McLaughlin to race with backing from long-time Team Penske sponsor
9h ago from SpeedCafe.com

VIDEO: McLaughlin's new blue IndyCar race suit

Team Penske pay tribute to racers of old as Scott McLaughlin shows off new...
9h ago from SpeedCafe.com

Popular On TotalWRC.com

Ogier "proud" to be Monaco great like...

No description available...
20h ago from Motorsport.com

Motorsport Monday: Issue 401 free to read now

Motorsport action resumed on both sides of the Atlantic as the World...
17h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Top 5 best January signings in Arsenal history

Adit Jaganathan FOLLOW ANALYST Modified 26 Jan 2021, 08:38 IST Top 5 /...
3h ago from SportsKeeda.com

Arsenal fans have transfer theory after Alexandre...

Arsenal: Ozil finalises move to Fenerbahce Arsenal fans have hailed...
8h ago from Express.co.uk

Arsenal team news: Expected 4-2-3-1 vs Southampton as...

Arsenal: Arteta explains reasons behind Aubameyang's absence Arsenal boss...
36m ago from Express.co.uk

Arsenal allow Mesut Ozil to join Fenerbahce but keep...

Arsenal reportedly sold Mesut Ozil to Fenerbahce on a free transfer,...
9h 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.