News Details

Aston Martin weighing up Stroll & Geely's £200m bids

Aston Martin has convened a board meeting with two parties, including Racing Point owner Lawrence Stroll, ready to put down £200m for a 20 percent stake in the company. Aston Martin is by all accounts a troubled sportscar brand, resulting in the company desperately requiring a financial injection. Stroll has stepped forward as too has Chinese company Geely Automobile Holdings. According to the Financial Times, Aston Martin could decide as early as Friday who has the winning bid. Both parties have agreed to put down £200 million for a 20% stake while also saying they would invest more money immediately. All Aston Martin has said on the matter is that it 'remains in discussions with...
Full Story »
5y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Stroll Lining-Up £200m, 20% Stake in Aston Martin

Racing Point owner Lawrence Stroll is one of two bidders left in the...
5y ago from GrandPrix247.com

‘Stroll more hands on and present than Mallya'

Racing Point owner Lawrence Stroll has taken a 'much deeper interest' in...
5y ago from PlanetF1.com

There was 'a huge difference” between Vijay Mallya...

Otmar Szafnauer believes that Racing Point's name change from Force India...
5y ago from GPBlog.com

Hamilton and Mercedes react to media reports

While there was a certain amount of credibility to the media claim that...
5y ago from Pitpass.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Chip Ganassi Racing lands new sponsor for Kyffin...

Chip Ganassi Racing has announced a new sponsor for the team’s #8 entry...

IndyCar announces independent officiating system

The NTT IndyCar Series announced on Thursday that it will implement a new...

Popular On TotalWRC.com

Yohan Rossel and Nikolay Gryazin spearhead Lancia’s...

Team Lancia Corse HF has announced the 2025 WRC2 championship runners-up...

Popular On GunnersToday.com

Arsenal dealt blow as Mikel Arteta confirms injury to...

Arsenal manager Mikel Arteta has revealed that Ben White has suffered...
1h ago from SportsKeeda.com

Arteta wants to sign 'amazing' 26-year-old to get the...

Arsenal are reportedly interested in signing the AC Milan attacker Rafael...
4h ago from CaughtOffside.com

Arsenal 2-1 Wolves: Late joy but considerable worry...

Match report – Player ratings – Arteta reaction The game...
5h ago from Arseblog.com

Arsenal go five points clear with 94th-minute winner...

Yerson Mosquera's 94th-minute own goal clinched a dramatic 2-1 win for...
14h ago from SkySports.com

Comments

Hottest News

The Red Bull Adrian Newey trick McLaren 'stole' with...

RacingNews365's technical analyst Paolo Filisetti... Read More »
1h ago from RacingNews365.com

Ferrari chairman rejects 1.1bn offer

Ferrari F1 chairman John Elkann has rejected a... Read More »
24m ago from GPFans.com

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.