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Mercedes secures 20% stake in Aston Martin
Mercedes is to allow Aston Martin access to its advanced technologies and in return, the former's stake in the latter is to rise to 20%. The British company's name is to return to Formula 1 next season as Racing Point becomes Aston Martin. Collaboration between the team in its current form and Mercedes is already high, with the German team supplying engines and many feeling that the RP20 is effectively a copy of the 2019 Silver Arrow. Regardless, co-operation between the two parties looks set to grow further as a deal has been reached for Mercedes to allow Aston Martin access to technologies in exchange for a stake of up to 20%. “This is a transformational moment for Aston Martin,” ...
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4y ago from PlanetF1.com
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