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 »
5y 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...
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
‘At Balaton, MotoGP bikes might not even use fifth...
No description available...
4h ago from Motorsport.com
Jorge Martin targets podium after injury hit his 2025...
No description available...
23h ago from Motorsport.com
MotoGP to use 100% non-fossil fuels by 2027 season
MotoGP has announced that the fuel used across all Grand Prix classes...
1d ago from MotorsportWeek.c...
How 2025 became Marc Marquez’s most dominant MotoGP...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
FOX acquires 33% stake in Penske Entertainment, IndyCar
Fox Corporation, parent company of broadcast company FOX Sports, has...
1h ago from MotorsportWeek.c...
FOX Corporation acquires one-third stake in IndyCar...
No description available...
1h ago from Motorsport.com
Colton Herta: IndyCar at Laguna Seca is a...
IndyCar’s latest visit to Laguna Seca produced rave reviews from...
1d ago from MotorsportWeek.c...
Alex Palou will not play it safe in Portland to secure...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Why the FIA is confident WRC will head to USA in 2027...
No description available...
6h ago from Motorsport.com
Hyundai's WRC future confirmed for 2026 season
No description available...
4h ago from Motorsport.com
How Oliver Solberg’s rapid WRC return shakes up...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'Arsenal have to sell him', 'I am done with this dude'...
Arsenal fans on X want Gabriel Martinelli to be sold after he performed...
53m ago from SportsKeeda.com
'He is useless', 'So weak and slow' - Fans slam...
Arsenal fans have hit out at captain Martin Odegaard for his display in...
53m ago from SportsKeeda.com
Sarr's screamer gives Spurs win over Arsenal as...
Pape Sarr's stunning halfway line goal gave Tottenham a 1-0 pre-season...
1h ago from SkySports.com
The Swedish club with 'no fans' but a giant academy...
Viktor Gyokeres is adapting to unfamiliar surroundings at Arsenal but he...
1h ago from SkySports.com
Comments
Hottest News
Steiner names driver who shouldn’t be in F1 this season
Former Haas team principal Guenther Steiner has... Read More »
3h ago from F1i.com
Aston Martin cashes out of F1 stake at whopping valuation!
Aston Martin Lagonda, the iconic British carmaker... Read More »
7h ago from F1i.com
Hungarian GP: Thursday's media day in pictures
Formula 1 teams have set up shop at a refurbished... Read More »
53m ago from F1i.com