News Details
Aston Martin weighing up Stroll & Geely's £200m bids
Aston Martin has convened a board meeting with two parties, including Racing Point owner Lawrence Stroll, ready to put down £200m for a 20 percent stake in the company. Aston Martin is by all accounts a troubled sportscar brand, resulting in the company desperately requiring a financial injection. Stroll has stepped forward as too has Chinese company Geely Automobile Holdings. According to the Financial Times, Aston Martin could decide as early as Friday who has the winning bid. Both parties have agreed to put down £200 million for a 20% stake while also saying they would invest more money immediately. All Aston Martin has said on the matter is that it 'remains in discussions with...
Full Story »
Full Story »
5y ago from PlanetF1.com
0
You May Also Be Interested In...
Stroll Lining-Up £200m, 20% Stake in Aston Martin
Racing Point owner Lawrence Stroll is one of two bidders left in the...
5y ago from GrandPrix247.com
‘Stroll more hands on and present than Mallya'
Racing Point owner Lawrence Stroll has taken a 'much deeper interest' in...
5y ago from PlanetF1.com
There was 'a huge difference” between Vijay Mallya...
Otmar Szafnauer believes that Racing Point's name change from Force India...
5y ago from GPBlog.com
Hamilton and Mercedes react to media reports
While there was a certain amount of credibility to the media claim that...
5y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin has no “regrets” after attempts to...
No description available...
5h ago from Motorsport.com
Jorge Martin confirms decision to remain with Aprilia...
Reigning MotoGP World Champion Jorge Martin has reversed his decision to...
6h ago from MotorsportWeek.c...
Yamaha V4 engine ‘two seconds slower' than...
Yamaha rider Alex Rins revealed that the manufacturer’s V4 project is...
10h ago from MotorsportWeek.c...
Yamaha's V4 MotoGP engine "not fast enough,”...
No description available...
9h ago from Motorsport.com
Popular On IndyCarToday.com
Kyle Kirkwood says people should appreciate Alex...
No description available...
3h ago from Motorsport.com
Arrow McLaren's Nolan Siegel cleared to race in Toronto
No description available...
5h ago from Motorsport.com
Taylor Barnard rejected McLaren IndyCar and WEC offers...
Taylor Barnard has turned down the chance to race for Arrow McLaren in...
1d ago from MotorsportWeek.c...
IndyCar Iowa – Race 1 Results
The first race of IndyCar’s double-header weekend from Iowa Speedway...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Why Adrian Newey “goes to another office” to avoid...
No description available...
1d ago from Motorsport.com
Sebastien Ogier spurns WRC title fight despite flurry...
No description available...
1d ago from Motorsport.com
Rally Portugal criticism forces WRC, FIA to rethink...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Joao Palhinha addresses Bayern Munich future amid...
Joao Palhinha has addressed his future at Bayern Munich amid speculation...
1h ago from SportsKeeda.com
Bayern Munich would prefer a move for Liverpool star...
Bayer Munich reportedly prefer to sign Luis Diaz from Liverpool over...
5h ago from SportsKeeda.com
'It's sad when fans are making a player's life...
Former Arsenal midfielder Anders Limpar has asserted that Noni Madueke is...
6h ago from SportsKeeda.com
Talks 'in London' taking place 'every single minute'...
Fabrizio Romano says that talks are still ongoing in London as Arsenal...
8h ago from CaughtOffside.com
Comments
Hottest News
Cadillac boss confirms Daniel Ricciardo decision on F1...
Cadillac F1 boss Graeme Lowdon has delivered a... Read More »
2h ago from GPFans.com
Ferrari considering radical McLaren step involving Fred...
The Italian media have claimed that a radical... Read More »
5h ago from RacingNews365.com
Russell follows in Verstappen footsteps with EXTRAVAGANT...
F1 star George Russell has taken a leaf out of... Read More »
1h ago from GPFans.com