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 »
Full Story »
4y ago from PlanetF1.com
0
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...
4y ago from GrandPrix247.com
‘Stroll more hands on and present than Mallya'
Racing Point owner Lawrence Stroll has taken a 'much deeper interest' in...
4y ago from PlanetF1.com
There was 'a huge difference” between Vijay Mallya...
Otmar Szafnauer believes that Racing Point's name change from Force India...
4y ago from GPBlog.com
Hamilton and Mercedes react to media reports
While there was a certain amount of credibility to the media claim that...
4y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
Stoner: Marquez/Bagnaia rivalry will be decided by who...
No description available...
3h ago from Motorsport.com
Marini: Ducati is “destroying the championship”...
No description available...
1d ago from Motorsport.com
Jorge Martin vs Francesco Bagnaia: 2024 MotoGP Season...
The 2024 season finale awaits with Jorge Martin and Francesco Bagnaia...
23h ago from MotorsportWeek.c...
Stoner warns Martin: 'I know what Ducati is willing to...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Chip Ganassi Racing announces driver development...
Chip Ganassi Racing has launched a new driver development program, which...
3d ago from MotorsportWeek.c...
Shwartzman makes IndyCar switch with Prema for 2025
No description available...
6d ago from Motorsport.com
Robert Shwartzman announced for PREMA’s second...
PREMA has announced that Robert Shwartzman will pilot one of the two cars...
6d ago from MotorsportWeek.c...
Enzo Fittipaldi to run IndyCar test with McLaren later...
Arrow McLaren has announced that it will place Enzo Fittipaldi in one of...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hyundai's 2025 WRC car will feature "reasonable...
No description available...
1d ago from Motorsport.com
What Lancia needs to do to transform its rally return...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
“I can't promise anything” - Sporting CP president...
No description available...
43m ago from SportsKeeda.com
Chelsea star threw his sock ties to the floor in...
No description available...
2h ago from SportsKeeda.com
Jadon Sancho reacts indifferently after fan asks him...
No description available...
2h ago from SportsKeeda.com
Martin Odegaard speaks out as Arsenal captain...
Arsenal captain Martin Odegaard withdraws from the Norway national team in...
1h ago from SportsMole.co.uk
Comments
Hottest News
Montoya gives Red Bull advice: 'Go after this driver, not...
Each day, rumours come out who could become Max... Read More »
3h ago from GPBlog.com
F1 team announce MAJOR breakthrough as official statement...
Aston Martin Formula 1 team have announced a... Read More »
3h ago from GPFans.com
F1: Alpine agrees multi-year engine deal with Mercedes
Alpine, Mercedes-AMG High Performance Powertrains... Read More »
53m ago from Pitpass.com