News Details
Stroll buys more Aston Martin shares after price collapses
Aston Martin is increasing a $617-million capital raising plan by $45-million pounds due to the coronavirus outbreak which will now see a consortium led by Canadian billionaire Lawrence Stroll increase their stake to 25% stake in the carmaker. “There has been a significant change in the global market environment in which Aston Martin Lagonda operates,” said Stroll. “What has not changed is our commitment to provide the company with the necessary funding it needs to manage through this period, to reset the business and to deliver on its long-term potential.” Aston Martin chief executive Andy Palmer added, “We are actively managing the potential impacts of COVID-19 on a daily...
Full Story »
Full Story »
5y ago from GrandPrix247.com
0
You May Also Be Interested In...
Lawrence Stroll to boost stake in Aston Martin
Racing Point F1 owner Lawrence Stroll is set to boost his stake in Aston...
5y ago from F1i.com
Formula 1 signs Saudi oil company Aramco as global...
Formula 1 has announced a ‘long-term’ global sponsorship deal with...
5y ago from FormulaSpy.com
Formula 1 signs up energy group Aramco as global...
Formula 1 announced on Tuesday a new long-term global sponsorship deal...
5y ago from F1i.com
Saudi Arabia's Aramco agrees ‘long-term' F1...
Formula 1 has announced a ‘long-term' global sponsorship deal with...
5y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Yamaha confirms its V4 will race at MotoGP San Marino...
No description available...
5d ago from Motorsport.com
Why Jorge Martin burst into tears at MotoGP Hungarian...
No description available...
3d ago from Motorsport.com
Marc Marquez: ‘My exceptional 2025 MotoGP season...
No description available...
3d ago from Motorsport.com
Marc Marquez: ‘Not normal to win every weekend’...
Marc Marquez admits “it’s not normal to win every weekend” despite...
5d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Pato O’Ward powers to a blistering 202.621 mph pole...
No description available...
16h ago from Motorsport.com
IndyCar Nashville – Qualifying Results
The final qualifying session of the 2025 IndyCar season took place on...
17h ago from MotorsportWeek.c...
Callum Ilott, Christian Rasmussen given IndyCar grid...
The NTT IndyCar Series has handed out grid penalties for two drivers...
23h ago from MotorsportWeek.c...
O’Ward tops 202 MPH to take IndyCar pole in Nashville
The NTT IndyCar Series is visiting Nashville Superspeedway this weekend,...
17h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Sebastien Ogier: Paraguay victory fight “not over”...
No description available...
5h ago from Motorsport.com
Sebastien Ogier storms to WRC Rally Paraguay lead as...
No description available...
15h ago from Motorsport.com
Ogier leads as Rovanperä falls back in Paraguay
Sebastian Ogier and Vincent Landais led Rally del Paraguay after...
16h ago from MotorsportWeek.c...
M-Sport Ford team hits bedrock at WRC Rally Paraguay...
No description available...
18h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal latest: Hincapie travelling to London for...
No description available...
53m ago from SkySports.com
Liverpool vs Arsenal: Late change of VAR official...
No description available...
33m ago from SkySports.com
Liverpool preview: Eze from the start, or later?
Morning. It's a tough away trip today as we visit Anfield to take on...
5h ago from Arseblog.com
Mikel Arteta admits Arsenal plan vs Liverpool will be...
Arsenal manager Mikel Arteta has admitted that he may have to field an...
15h ago from CaughtOffside.com
Comments
Hottest News
McLaren cause stir with sneaky rear wing upgrade at...
McLaren did not submit any updates to the FIA... Read More »
2h ago from RacingNews365.com
F1 2025 Dutch Grand Prix starting grid with penalties...
Here is the official F1 starting grid for the... Read More »
6h ago from GPFans.com
LIVE: 2025 F1 Dutch Grand Prix - Zandvoort
Follow along live with all the action from the... Read More »
1h ago from RacingNews365.com
