News Details
Aston Martin's 2021 F1 entry still on target – Stroll
Aston Martin's plans to enter Formula 1 in 2021 are still on track according to the companies incoming Executive Chair, Lawrence Stroll. Stroll, co-owner of the Racing Point outfit, has taken a 25 per cent stake in the British manufacturer, which has cost the Canadian billionaire and his investors £171 million ($210m), plus a further cash injection of £91m ($111m). It is however less than the £195m ($239m) he previously agreed to pay for a 16.7 per cent stake prior to the outbreak of the Covid-19 virus, which saw Aston Martin Lagonda's share price plummet and led to the deal being renegotiated. On Tuesday Aston Martin Lagonda confirmed completion of the new share sale and Stroll's...
Full Story »
Full Story »
5y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Wolff responds to Aston Martin rumours: 'I'm not going...
Mercedes team principal Toto Wolff has denied the rumours of him...
5y ago from GPBlog.com
Aston Martin still committed to F1 despite potential...
Aston Martin's plans to return to F1 next season as a works outfit are...
5y ago from F1i.com
Wolff denies reports of receiving Aston Martin offer
Mercedes team principal Toto Wolff has flatly denied reports that he has...
5y ago from F1i.com
Future of Aston Martin rescued: Lawrence Stroll joins...
The fact that Aston Martin is also suffering from the coronavirus should...
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
“It can be dangerous” – MotoGP’s Balaton Park...
No description available...
2h ago from Motorsport.com
MotoGP Hungarian GP: Marc Marquez dominates sprint
No description available...
6h ago from Motorsport.com
Fabio Quartararo handed long lap penalty for Hungarian...
No description available...
3h ago from Motorsport.com
Marc Marquez cruises to MotoGP Sprint victory at...
Marc Marquez cruises to MotoGP Sprint victory at Balaton Park
The post...
6h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Josef Newgarden tops the timesheets for Milwaukee’s...
The NTT IndyCar Series took to the historic Milwaukee Mile on Saturday...
3h ago from MotorsportWeek.c...
Three Honda drivers to take IndyCar grid penalties at...
The NTT IndyCar Series has announced three grid penalties for this...
3h ago from MotorsportWeek.c...
Alex Palou takes dominant pole at Milwaukee Mile
Saturday afternoon at the Milwaukee Mile was set aside for IndyCar...
24m ago from MotorsportWeek.c...
PREMA adapting European approach to better suit IndyCar
PREMA has nearly completed its first season fielding a pair of entries in...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA launches tender process for new WRC promoter
No description available...
2d ago from Motorsport.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
1w ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
1w ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
‘Real shame': Pundit reacts to injury blow for...
Arsenal picked up a comprehensive 5-0 win over Leeds United in the Premier...
54m ago from CaughtOffside.com
“He even suggested having a threesome with my...
A Brazilian woman, Karol Cavalcante, has accused former Arsenal and...
1h ago from SportsKeeda.com
Documents signed: Fabrizio Romano explains whether...
All the documents have reportedly been signed for Eberechi Eze to complete...
1d ago from CaughtOffside.com
Eze joins Arsenal from Crystal Palace
Eberechi Eze has signed for Arsenal in a £67.5m deal from Crystal...
3h ago from SkySports.com
Comments
Hottest News
Red Bull told to BREAK F1 contract in Verstappen...
The Red Bull F1 team have been advised on the... Read More »
1h ago from GPFans.com
The new technical regulation will 'occupy a lot of brain...
Having completed several test runs in the... Read More »
1h ago from F1Technical.net
Cadillac complete F1 driver line-up with second signing
The Cadillac F1 team is taking shape as it has... Read More »
10h ago from RacingNews365.com
