News Details
Stroll: Saudi investment a game-changer for Aston Martin
Aston Martin's troubles on and off the Formula 1 tracks are well documented, hence no surprise Lawrence Stroll and his advisors have forged a partnership to invest handsomely in the project to give it a boost. Last week, Aston Martin announced plans to raise £653-million ($783-million) in equity capital as it seeks to lower its debt and secure its long-term future. Autocar report that in total, executive chairman Stroll's Yew Tree investment group, Mercedes-Benz and the Saudi Public Investment Fund (PIF) are collectively said to be investing around $400-million in Aston, with a further $380-,million being raised through the public share issue. The goal for the iconic British manufacturer...
Full Story »
Full Story »
3y ago from GrandPrix247.com
0
You May Also Be Interested In...
Aston Martin set for Saudi Arabian PIF investment
Aston Martin is set to receive major investment from the Saudi Arabian...
3y ago from MotorsportWeek.com
Defeat to Leclerc ‘a surprise' in Austria...
Jul.11 Red Bull admits Charles Leclerc's victory for championship...
3y ago from OneStopStrategy.com
Number 1 driver not Ferrari's ‘top priority'...
Jul.13 Reliability is Ferrari's 'top priority' rather than the...
3y ago from OneStopStrategy.com
Stroll secures new investors for Aston Martin
Aston Martin has found a new investor thanks to Lawrence Stroll. The...
3y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Manufacturers stand up to Liberty in Jerez as MotoGP...
No description available...
13h ago from Motorsport.com
Aprilia runs 2027 MotoGP bike on track for first time...
No description available...
13h ago from Motorsport.com
Aprilia opens new development path in MotoGP with...
No description available...
16h ago from Motorsport.com
Yamaha’s Jerez MotoGP updates improve rider feeling...
No description available...
17h ago from Motorsport.com
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...
7h ago from MotorsportWeek.c...
Rookie Caio Collet tops last day of Indy 500 Open Test...
No description available...
8h ago from Motorsport.com
PrizePicks partners with Arrow McLaren for Ryan...
No description available...
9h ago from Motorsport.com
Popular On TotalWRC.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
13h ago from Motorsport.com
M-Sport weighs up WRC new car build as all options...
No description available...
14h ago from Motorsport.com
How Dani Sordo brings "different ideas" to...
No description available...
18h ago from Motorsport.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Video: Row erupts between Diego Simeone and Arsenal...
As if there wasn't enough drama on the pitch between Arsenal and Atletico...
18m ago from CaughtOffside.com
Premier League to reject Manchester City plea as they...
The Premier League have rejected Manchester City's proposal to switch...
6h 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...
6h 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...
6h ago from TheGuardian.com
Comments
Hottest News
2026 F1 Miami Grand Prix start time
What is the start time for the 2026 F1 Miami... Read More »
1h ago from RacingNews365.com
F1 News Today: FIA make Miami GP change as race threatened...
There are lots of tweaks to the regulations ahead... Read More »
48m ago from GPFans.com
Miami GP: Will F1 pecking order change and which Hamilton...
As the 2026 Formula 1 season finally resumes... Read More »
38m ago from SkySports.com
