News Details
Lawrence Stroll to boost stake in Aston Martin
Racing Point F1 owner Lawrence Stroll is set to boost his stake in Aston Martin, but the move comes on the back of another collapse this week of the luxury automaker's share price. In January, Stroll and a consortium of investors stepped in to provide Aston Martin with an influx of capital of £182m in exchange for a 16.7 per cent holding in the beleaguered company. The group also agreed to provide Aston with a short-term loan of £55.5m. Overall, Aston Martin was expected to raise a total of £500m from investors through a rights issue to help it revive its fortunes. Stroll: New Aston Martin strategy rooted in F1 team However, the company's dwindling stock price of late, impacted by the...
Full Story »
Full Story »
You May Also Be Interested In...
Lance Stroll hits the court with Lleyton Hewitt
Before hitting the track at Albert Park on Friday, Racing Point's Lance...
6y ago from F1i.com
Racing Point expecting 'harder than ever' tyre...
Racing Point technical director Andy Green expects teams to be challenged...
6y ago from F1i.com
Marko confirms Red Bull Racing 'just wanted to race'
Helmet Marko and Aston Martin Red Bull Racing didn't want the Australian...
6y ago from GPBlog.com
Racing Point drivers preview the Australian Grand Prix
Racing Point drivers preview the Australian Grand Prix, weekend, Round 1...
6y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin: 'Aprilia feels like my bike now'
No description available...
2h ago from Motorsport.com
Joan Mir: I deserve to stay in Honda’s factory...
No description available...
3h ago from Motorsport.com
Enea Bastianini frustrated by MotoGP safety inaction;...
No description available...
5h ago from Motorsport.com
Alex Rins bemused by early Yamaha axe amid V4 engine...
No description available...
7h ago from Motorsport.com
Popular On IndyCarToday.com
Pato O'Ward issues damning verdict on ‘Mario...
Pato O'Ward isn't chasing F1 any more after falling out of love with...
2d ago from MotorsportWeek.c...
Winners and losers from the IndyCar Grand Prix of Long...
No description available...
2d ago from Motorsport.com
IndyCar Officiating confirms Scot Elkins as Managing...
No description available...
2d ago from Motorsport.com
IndyCar names officiating director ahead of Indy 500
IndyCar Officiating has announced Scot Elkins as the new Managing...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Everything we know about the WRC’s newest constructor
No description available...
2h ago from Motorsport.com
WRC Canary Islands: Katsuta takes early lead after...
No description available...
16m ago from Motorsport.com
New constructor set to join WRC top tier in 2027
No description available...
4h ago from Motorsport.com
How Rally Islas Canarias could crown another new WRC...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Real Madrid plot ambitious move for 110m-rated...
Gabriel Magalhaes has been one of the best defenders in the Premier League...
56m ago from CaughtOffside.com
'Might have to wait his turn' - Pundit asks Mikel...
Former Arsenal star Perry Groves has urged Mikel Arteta to keep Viktor...
36m ago from SportsKeeda.com
'I just want them to remind themselves where they are'...
Arsenal legend Patrick Vieira has urged the Gunners to remind themselves...
1h ago from SportsKeeda.com
Arsenal & Chelsea handed chance to sign serial...
Bernardo Silva has been linked with a move away from Manchester City at...
2h ago from CaughtOffside.com
Comments
Hottest News
Max Verstappen to make blockbusting F1 transfer claims team...
Four-time champion Max Verstappen has been tipped... Read More »
56m ago from GPFans.com
Ferrari made one 'big mistake' with Lewis Hamilton signing...
Lewis Hamilton's signing with Ferrari has been... Read More »
1h ago from GPFans.com
Audi to announce major management overhaul and appointment...
This is a major move for Audi. Read More »
36m ago from RacingNews365.com
