News Details

Stroll investing in Aston Martin ‘to win'

Aston Martin chief executive Andy Palmer has said that Lawrence Stroll's consortium has purchased a stake in the company with F1 wins in mind. Stroll has acquired a 16.7% stake in the British car manufacturer, and as part of the deal his Racing Point team will be renamed to the Aston Martin Formula One team from 2021. As part of the deal Aston Martin are taking a risk in ending their relationship with Red Bull after the 2020 season, but Palmer is confident that Stroll wouldn't buy a stake in the company if he didn't want Aston Martin to win in F1. “It gives us a challenge and, if you talk to Mr Stroll, then you’ll quickly learn he isn’t in the paddock to just turn up,' Palmer told...
Full Story »
6y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Racing Point to become Aston Martin; Red Bull deal to...

Racing Point will become an Aston Martin works team in 2021, as the...
6y ago from FormulaSpy.com

Racing Point and Aston Martin set to work together in...

Racing Point will become Aston Martin's Formula 1 team at the start of...
6y ago from GPBlog.com

Will Mercedes remain in Formula 1 now Aston Martin is...

It was announced today that Aston Martin and Racing Point will partner up...
6y ago from GPBlog.com

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

Racing Point owner Lawrence Stroll is one of two bidders left in the...
6y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Nicolo Bulega: If no 2027 MotoGP move arrives, it's...

Nicolo Bulega believes that not securing a 2027 MotoGP ride wouldn’t be...

Popular On IndyCarToday.com

Pato O'Ward issues damning verdict on ‘Mario...

Pato O'Ward isn't chasing F1 any more after falling out of love with...
15h ago from MotorsportWeek.c...

IndyCar names officiating director ahead of Indy 500

IndyCar Officiating has announced Scot Elkins as the new Managing...
17h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Pitch Points: the pioneering Pellegrino Matarazzo, a...

world of soccer throws up no shortage of questions. Today, Graham Ruthven...
56m ago from TheGuardian.com

Arsenal could look to sign Manchester City veteran as...

Arsenal are reportedly weighing up a move for Manchester City midfielder...
6m ago from SportsKeeda.com

Merse: If Man City don't thrash Burnley, Arsenal are...

In his latest column, Sky Sports' Paul Merson says the Premier League...
2h ago from SkySports.com

Bernardo Silva’s performance against Arsenal shows...

Manchester City captain’s all-action display captured what has made him...
2h ago from TheGuardian.com

Comments

Hottest News

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.