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 »
Full Story »
4y ago from MotorsportWeek.com
0
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...
4y 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...
4y ago from F1i.com
Wolff denies reports of receiving Aston Martin offer
Mercedes team principal Toto Wolff has flatly denied reports that he has...
4y ago from F1i.com
Future of Aston Martin rescued: Lawrence Stroll joins...
The fact that Aston Martin is also suffering from the coronavirus should...
4y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
How MotoGP brakes work: Secrets of stopping a 220mph...
No description available...
20h ago from Motorsport.com
Quartararo: Marquez's Honda exit "woke a lot of...
No description available...
1d ago from Motorsport.com
Ducati: Bastianini's COTA MotoGP podium an...
Ducati General Manager Gigi Dall’Igna labelled Enea Bastianini's podium...
20h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Pourchaire to make IndyCar debut in Long Beach with...
Arrow McLaren has announced that the reigning Formula 2 champion Theo...
1d ago from MotorsportWeek.c...
Pourchaire to make IndyCar debut for Arrow McLaren
No description available...
1d ago from Motorsport.com
IndyCar's new Aeroscreen makes early debut at Long...
The NTT IndyCar Series will have teams fit a new version of the Aeroscreen...
2d ago from MotorsportWeek.c...
IndyCar rolling out new version of aeroscreen for Long...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
WRC Croatia: Neuville sets the pace to lead title...
No description available...
3h ago from Motorsport.com
Hyundai enacts contingency plan after WRC Kenya fuel...
No description available...
20h ago from Motorsport.com
WRC 2025 rules limbo creating “critical” situation...
No description available...
23h ago from Motorsport.com
Sebastian Ogier tops Croatia Rally shakedown
Sébastien Ogier announced his return to FIA World Rally Championship...
18h ago from MotorsportWeek.c...
Popular On GunnersToday.com
“I hope they don’t win” - Cristiano Ronaldo’s...
No description available...
48m ago from SportsKeeda.com
Wolverhampton Wanderers handed multiple injury blows...
Head coach Gary O'Neil reveals that Wolverhampton Wanderers have been...
28m ago from SportsMole.co.uk
Premier League GW34 & FA Cup semi-finals predictions:...
Sports Mole takes on Spinn drummer and Aston Villa fan Louis O'Reilly for...
28m ago from SportsMole.co.uk
“They were frightened by Aston Villa” - Mark...
No description available...
2h ago from SportsKeeda.com
Comments
Hottest News
F1 Sprint Qualifying Results: Chinese Grand Prix 2024 times...
George Russell saved himself from an ignominious... Read More »
6h ago from GPFans.com
FIA CANCEL important drivers' meeting after huge drama in...
An important meeting set to be held with all of... Read More »
3h ago from GPFans.com
How Wolff reacted to Norris' reinstated lap time which...
For a moment Mercedes and Lewis Hamilton thought... Read More »
3h ago from GPBlog.com