News Details
Aston Martin F1 set for $2 billion valuation following stake sale!
© XPB Phillip van Osten
07/09/2024 at 13:1107/09/2024 at 13:12 The Aston Martin F1 team is reportedly nearing a stake sale to two US financial institutions that would value Team Silverstone at an estimated $2 billion, a new benchmark valuation for an F1 team. According to a report from Sky News, Silicon Valley venture capital firm Accel and private credit manager HPS Investments Partners headquartered in New York are set to invest “hundreds of millions of pounds” into the F1 team’s holding company, AMR GP Holdings Limited. According to Sky’s sources, the two firms’ investments would reach an aggregate amount between £1.5 and £2 billion, with a deal “expected to be...
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