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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...
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1mo ago from RacingNews365.com
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