News Details
Aston Martin F1 plans going ahead despite financial concerns
Aston Martin’s rebrand of the Racing Point Formula 1 team will go ahead as planned in 2021, despite continued uncertainty and concerns over the car company’s financial situation. A consortium led by Canadian business and Racing Point owner Lawrence Stroll bought a stake in Aston Martin in January, which will see the British luxury sportscar manufacturer return to F1 as a fully fledged works outfit. The firm has been struggling financially recently and has been hit hard by the impact of the ongoing coronavirus pandemic, but it was hoped Stroll’s investment would help alleviate those fears. On Monday, the shareholders of Aston Martin Lagonda approved a £536million fundraising,...
Full Story »
Full Story »
4y ago from Crash.net
0 Comments
You May Also Be Interested In...
Aston Martin still committed to F1 despite potential...
Aston Martin's plans to return to F1 next season as a works outfit are...
4y ago from F1i.com
Stroll: ‘We will do the Aston Martin name proud'
The deal which sees Aston Martin return to Formula 1 as a works team has...
4y ago from MotorsportWeek.com
Aston Martin on target for 2021 season
2021 will see one of the great car brands, Aston Martin, on the F1 grid as...
4y ago from Pitpass.com
Cash concerns for Aston Martin; F1 plan still go
Aston Martin has expressed concerns over cash during the next 12 months,...
4y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Pierer Mobility Group restructuring plan approved by...
The Pierer Mobility Group's restructuring plan to ensure KTM's survival...
5h ago from MotorsportWeek.c...
KTM's creditors approve restructuring plan as...
No description available...
5h ago from Motorsport.com
BMW Motorrad looking to buyout KTM – report
Reports indicate that German manufacturer BMW Motorrad is looking to buy...
1d ago from MotorsportWeek.c...
Reigning MotoGP champion Martin will miss Thai GP due...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Zak Brown outlines investment that could maximize...
McLaren Racing CEO Zak Brown has released a public letter covering...
1d ago from MotorsportWeek.c...
Team Penske quickest in final IndyCar test day
The NTT IndyCar Series held its second and final preseason open test day...
6d ago from MotorsportWeek.c...
Pit lane speed adjustments made for 2025 IndyCar season
The NTT IndyCar Series has announced a few changes for the upcoming 2025...
1w ago from MotorsportWeek.c...
IndyCar tire allocations, practice rules updated for...
IndyCar has announced multiple updates to rules regarding use of the...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC drivers follow F1 in statement to FIA president
World Rally Championship drivers have penned a strongly-worded statement...
1d ago from MotorsportWeek.c...
WRC drivers call on FIA president for “urgent...
No description available...
1d ago from Motorsport.com
Elfyn Evans wins Rally Sweden by a whisker
Super Sunday on Rally Sweden was just that! After 300km of hard racing,...
1w ago from MotorsportWeek.c...
Elfyn Evans under pressure on Rally Sweden –...
Elfyn Evans and Scott Martin maintained their lead on Rally Sweden after...
1w ago from MotorsportWeek.c...
Popular On GunnersToday.com
'Could be on the hit list' - Former Arsenal star backs...
No description available...
1h ago from SportsKeeda.com
Arsenal: Mikel Arteta 'to accept' Premier League title...
Arsenal have not had the look of a Premier League title-winning side all...
3h ago from SportsMole.co.uk
Nottingham Forest vs Arsenal Prediction and Betting...
No description available...
3h ago from SportsKeeda.com
'Arsenal aren’t going away' - Journalist claims...
No description available...
5h ago from SportsKeeda.com
Comments
Hottest News
Verstappen reacts: This is how his first run with Red...
Max Verstappen has completed his first kilometres... Read More »
1h ago from GPBlog.com
Lewis Hamilton reveals F1 EXIT plans after Ferrari world...
Lewis Hamilton has spoken out on the idea of... Read More »
54m ago from GPFans.com
Famous Red Bull mechanic quits for 'exciting new role'
Calum Nicholas, a well-known figure in Max... Read More »
9h ago from GPBlog.com