News Details

Racing Point to become works Aston Martin team in 2021!

Lawrence Stroll's Racing Point F1 outfit will become the works Aston Martin team from 2021 following the Canadian billionaire's acquisition of a 20 percent stake in the luxury car manufacturer. It was announced on Friday that Stroll will invest 200 million pounds in Aston Martin and help revive the fortunes of the ailing manufacturer whose share price and profits have plummeted since the company's floating in October 2018. Racing Point F1 reveals launch date for 2020 contender Overall, Aston Martin will raise a total of 500 million pounds from its consortium of investors. Stroll will also join the company's board as executive chairman. Aston Martin Chief Executive Andy Palmer said Stroll...
Full Story »
6y ago from F1i.com 0
Share

You May Also Be Interested In...

Racing Point to become Aston Marton F1 Team

Lawrence Stroll buys stake in Aston Martin, as his F1 team, Racing Point,...
6y ago from Pitpass.com

Stroll Lining-Up £200m, 20% Stake in Aston Martin

Racing Point owner Lawrence Stroll is one of two bidders left in the...
6y ago from GrandPrix247.com

Aston Martin weighing up Stroll & Geely's £200m...

Aston Martin has convened a board meeting with two parties, including...
6y ago from PlanetF1.com

Challenging start to the 2020 season for Heart of...

Facebook Twitter ReddIt Email If you were anything like me, you were...
6y ago from TheParcFerme.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar grows international broadcast offerings for...

The NTT IndyCar Series has announced that its already extensive global...

Alexander Rossi fastest as rain disrupts second...

The NTT IndyCar Series completed the second and final day of testing at...

Popular On TotalWRC.com

Elfyn Evans wins Swedish showdown

Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...

Popular On GunnersToday.com

Mikel Arteta fires back at ‘bottlers' tag as...

Arsenal are fighting for the Premier League title, but they have been...
25m ago from CaughtOffside.com

Mikel Arteta rules out ‘bottlers’ jibe but accepts...

t;li>‘It’s not part of my vocabulary. I wouldn’t use that...
15m ago from TheGuardian.com

Man United accelerate move for 'generational' talent,...

Manchester United are hoping to sign the Brazilian attacker Gabriel...
2h ago from CaughtOffside.com

Liverpool join Arsenal in race for 23-year-old...

Arsenal and Liverpool are interested in signing the PSG attacker Bradley...
2h ago from CaughtOffside.com

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.