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Aston Martin Lagonda to sell stake in F1 team, remain title sponsor

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gpfans.com

Aston Martin sale confirmed as Stroll issues statement

Aston Martin are set to sell their minority stake in the Aston Martin Formula 1 team, as the historic car company aim to improve their financial...

2 days ago

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motorsinside.com

Aston Martin revend son équipe de F1

Toujours fortement endetté, Aston Martin va revendre ses parts au sein de l'équipe qui porte son nom en F1 mais va rester en tant que sponsor-titre.

3 days ago

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Robb Report

Aston Martin Is Selling Its F1 Stake But Says Its Team Will Still Race

The stake is said to be worth at least $95 million, and the potential sale comes amid a challenging business environment for the automaker.

3 days ago

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RACER

Aston Martin Lagonda to sell stake in F1 team, remain title sponsor

Aston Martin Lagonda (AML) will sell its stake in the Aston Martin Formula 1 team but remain title sponsor, as part of an equity raise aimed at generating over $160 million. The car company chaired by F1 team owner Lawrence Stroll announced it would cut 5% of its workforce in February due to market conditions. Trump administration tariffs on imported vehicles have now also had an impact and led to Stroll committing to increasing his shareholding…

3 days ago

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blackbookmotorsport.com

Aston Martin to sell shares in F1 team, but Lawrence Stroll reaffirms car company's sponsorship commitment - BlackBook Motorsport

Aston Martin says transaction will boost the company’s balance sheet by over UK£125m Stroll has said team “could be very picky” on who invests Aston Martin to continue to give name to F1 outfit Aston Martin Lagonda is selling its shares in the eponymous Formula One team, but owner Lawrence Stroll has reaffirmed the car manufacturer’s commitment to the series. In short, the manufacturer is in Formula One predominantly as a marketing exercise, so …

3 days ago

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autoracing1.com

F1 News: Bleeding red ink, Aston Martin forced to sell stake in F1

Aston Martin has confirmed its plans to sell its minority £74 million stake in its F1 team because the car company is hemorrhaging red ink. Full Year 2024 Key Financial Results … Read More The post F1 News: Bleeding red ink, Aston Martin forced to sell stake in F1 appeared first on AutoRacing1.com.

4 days ago

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