News Details
Stroll stocks up on more Aston Martin shares
Lawrence Stroll and his consortium have bought more shares in Aston Martin, taking advantage of stock prices falling further due to market insecurity caused by the coronavirus outbreak. Stroll's consortium acquired an initial 16.7% stake in the luxury car maker back in January and Aston Martin will become fully integrated into Formula 1 in 2021 when the team currently known as Racing Point will reform. But, a larger stake of 25% has now been secured at a value of £2.25 per share, while providing Aston Martin with a timely cash injection of £75million, which is up from the intended £20million. 'There has been a significant change in the global market environment in which Aston Martin...
Full Story »
Full Story »
6y ago from PlanetF1.com
0
You May Also Be Interested In...
Lawrence Stroll buys more Aston Martin shares after...
Lawrence Stroll has made the most of the Coronavirus stock market crash...
6y ago from GPBlog.com
Lawrence Stroll to boost stake in Aston Martin
Racing Point F1 owner Lawrence Stroll is set to boost his stake in Aston...
6y ago from F1i.com
Stroll buys more Aston Martin shares after price...
Aston Martin is increasing a $617-million capital raising plan by...
6y ago from GrandPrix247.com
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
Elsewhere On The Network
Popular On MGPToday.com
Manufacturers stand up to Liberty in Jerez as MotoGP...
No description available...
10h ago from Motorsport.com
Aprilia runs 2027 MotoGP bike on track for first time...
No description available...
10h ago from Motorsport.com
Aprilia opens new development path in MotoGP with...
No description available...
13h ago from Motorsport.com
Ducati believes new MotoGP upgrades will help it...
Ducati believes its latest Jerez MotoGP test upgrades should help it take...
15h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Rookie Caio Collet fastest in two-day Indy 500 open...
The NTT IndyCar Series held its traditional two-day open test for the...
5h ago from MotorsportWeek.c...
Rookie Caio Collet tops last day of Indy 500 Open Test...
No description available...
5h ago from Motorsport.com
PrizePicks partners with Arrow McLaren for Ryan...
No description available...
6h ago from Motorsport.com
Popular On TotalWRC.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
10h ago from Motorsport.com
M-Sport weighs up WRC new car build as all options...
No description available...
11h ago from Motorsport.com
How Dani Sordo brings "different ideas" to...
No description available...
15h ago from Motorsport.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Premier League to reject Manchester City plea as they...
The Premier League have rejected Manchester City's proposal to switch...
3h ago from SportsKeeda.com
Arteta left ‘incredibly fuming’ after VAR denies...
t;li>“I’m sorry, but this cannot happen’Semi-final tie level at...
3h ago from TheGuardian.com
Diego Simeone can breathe again against Arsenal as...
rid’s manic man in black is the personification of the club’s longing...
3h ago from TheGuardian.com
'What an eyesore', 'He was wasteful' - Atletico Madrid...
Atletico Madrid fans online were left unhappy with Ademola Lookman's...
4h ago from SportsKeeda.com
Comments
Hottest News
FIA chief claims F1 engine changes were blocked, and fans...
An FIA chief has revealed why more drastic tweaks... Read More »
6h ago from GPFans.com
Oscar Piastri brutally honest over McLaren Norris...
McLaren F1 star Oscar Piastri has opened up on... Read More »
6h ago from GPFans.com
The potential cancellation threat looming over F1 Miami GP
The 2026 Formula 1 Miami Grand Prix is at risk... Read More »
13h ago from MotorsportWeek.com
