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
Marc Marquez reveals ‘worry’ over Fermin Aldeguer...
Marc Marquez admits rookie Fermin Aldeguer was his biggest concern en...
6h ago from MotorsportWeek.c...
Diogo Moreira targets factory MotoGP spot in potential...
No description available...
8h ago from Motorsport.com
Winners and losers from MotoGP's Austrian Grand Prix
No description available...
10h ago from Motorsport.com
Pecco Bagnaia demands answers from Ducati: “I’m...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Marcus Armstrong will return to Meyer Shank Racing for...
No description available...
3h ago from Motorsport.com
MSR extends Marcus Armstrong contract for 2026 IndyCar...
Meyer Shank Racing announced on Monday that it will keep Marcus Armstrong...
4h ago from MotorsportWeek.c...
Strongest season yet for Pato O’Ward has been...
Pato O’Ward is having the best IndyCar season of his career, and is...
2d ago from MotorsportWeek.c...
McLaren to auction future F1, IndyCar and WEC cars in...
McLaren is to auction future F1, IndyCar and World Endurance Championship...
4d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
3d ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
5d ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
6d ago from Motorsport.com
Future second Asian/Pacific event behind WRC calendar...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Barcelona hero Andres Iniesta once snubbed Lionel...
Barcelona legend Andres Iniesta once snubbed Lionel Messi while naming his...
5h ago from SportsKeeda.com
Arsenal latest: Gunners open to offers for five players
No description available...
5h ago from SkySports.com
“We never spoke” - Arsenal star Riccardo Calafiori...
Arsenal defender Riccardo Calafiori has outlined why he didn't text...
7h ago from SportsKeeda.com
Insider provides worrying Arsenal update amid West Ham...
Arsenal are hoping to make a number of sales between now and the end of...
7h ago from CaughtOffside.com
Comments
Hottest News
Sebastian Vettel F1 return presents glaring issue for Red...
A former F1 star believes Red Bull would be... Read More »
1h ago from GPFans.com
Racing star confirms imminent F1 return
A racing star has confirmed that they will return... Read More »
4h ago from GPFans.com
Max Verstappen makes Red Bull U-TURN after fiery team talks
Reigning F1 world champion Max Verstappen has has... Read More »
44m ago from GPFans.com
