News Details

Stroll investing in Aston Martin ‘to win'

Aston Martin chief executive Andy Palmer has said that Lawrence Stroll's consortium has purchased a stake in the company with F1 wins in mind. Stroll has acquired a 16.7% stake in the British car manufacturer, and as part of the deal his Racing Point team will be renamed to the Aston Martin Formula One team from 2021. As part of the deal Aston Martin are taking a risk in ending their relationship with Red Bull after the 2020 season, but Palmer is confident that Stroll wouldn't buy a stake in the company if he didn't want Aston Martin to win in F1. “It gives us a challenge and, if you talk to Mr Stroll, then you’ll quickly learn he isn’t in the paddock to just turn up,' Palmer told...
Full Story »
5y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Racing Point to become Aston Martin; Red Bull deal to...

Racing Point will become an Aston Martin works team in 2021, as the...
5y ago from FormulaSpy.com

Racing Point and Aston Martin set to work together in...

Racing Point will become Aston Martin's Formula 1 team at the start of...
5y ago from GPBlog.com

Will Mercedes remain in Formula 1 now Aston Martin is...

It was announced today that Aston Martin and Racing Point will partner up...
5y ago from GPBlog.com

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

Elsewhere On The Network

Popular On MGPToday.com

Marco Bezzecchi reveals cause of ‘disappointing’...

Marco Bezzecchi revealed “braking more softly” may have been the...
15h ago from MotorsportWeek.c...

German GP signs deal to remain on MotoGP calendar...

The organisers of the German GP have announced that the race will remain...

Popular On IndyCarToday.com

IndyCar Iowa – Race 1 Results

The first race of IndyCar’s double-header weekend from Iowa Speedway...

Taylor Barnard rejected McLaren IndyCar and WEC offers...

Taylor Barnard has turned down the chance to race for Arrow McLaren in...

Popular On TotalWRC.com

Popular On GunnersToday.com

Surprise PL club interested in signing player wanted...

Wolverhampton Wanderers are reportedly planning a summer raid for Real...
6h ago from SportsKeeda.com

Crystal Palace open to cash plus swap deal offer with...

Crystal Palace are reportedly open to a cash plus player bid for Arsenal...
6h ago from SportsKeeda.com

Arsenal hold serious talks to sign Bayern Munich star...

According to German media outlet Bild (via Metro), Arsenal are considering...
8h ago from SportsKeeda.com

Report: Arsenal beat Liverpool and Manchester City to...

Arsenal look set to win the race for one of England’s most talked-about...
11h ago from FreshArsenal.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.