News Details

Aramco to take stake in Aston Martin?

Article To news overview © XPB The Aston Martin Lagonda (road car) company is embarking on another round of fund-raising to underwrite operational costs and new model development, a source with knowledge of the situation has told RacingNews365.com. Listed company AML, which sponsors the eponymous Formula 1 team, is said to have approached Saudi Arabian investors, including oil giant Aramco - the world’s largest oil company and primary sponsor of the associated Aston Martin F1 Team - and a Californian investment fund with a number of other motor industry holdings. Although the Aston Martin F1 Team is entirely separate from AML, they share a number of common shareholders, including the...
Full Story »
1mo ago from RacingNews365.com 0
Share

You May Also Be Interested In...

Team principal claims Audi have agreed deal to take...

An anonymous team principal is reported to have claimed that Audi have...
1mo ago from Formula1News.co.uk

Aston Martin boss praises Vettel for following team...

Aston Martin team principal Mike Krack praised a fine team effort from...
1mo ago from Formula1News.co.uk

Red Bull Advanced Technologies announce £ 5-Million...

Red Bull Advanced Technologies announced today their RB17, the company's...
1mo ago from GrandPrix247.com

Inside Line: McLaren Nissan, Arrow McLaren… what...

I am writing this as a lifelong McLaren fan in the wake of news that...
1mo ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Marquez to attend Austrian GP as rehabilitation...

Marc Marquez will attend next weekend’s Austrian Grand Prix as he...

Popular On IndyCarToday.com

Rosenqvist refutes claim he has no contract with...

Felix Rosenqvist's future would appear to hinge on the outcome of the Chip...
15h ago from SpeedCafe.com

Ganassi v Palou contract dispute set for mediation

Chip Ganassi Racing and the Alex Palou camp are set for mediation talks...
1d ago from SpeedCafe.com

Further Nashville adjustments needed to fix...

During this year’s running of the Music City Grand Prix, all starts and...
22h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Hyundai and M-Sport are testing this week ahead of the...

Just under 48 hours after Rally Finland the teams have already begun...

13 Rally1 cars confirmed for 2022 Acropolis Rally

A bumper-entry of 13 Rally1 cars are now confirmed for the 2022 EKO...

Popular On GunnersToday.com

Albert Sambi Lokonga 'has no plans to leave Arsenal...

Albert Sambi Lokonga reportedly intends to remain at Arsenal this season,...
55m ago from SportsMole.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.