News Details

Racing Point to become works Aston Martin team in 2021!

Lawrence Stroll's Racing Point F1 outfit will become the works Aston Martin team from 2021 following the Canadian billionaire's acquisition of a 20 percent stake in the luxury car manufacturer. It was announced on Friday that Stroll will invest 200 million pounds in Aston Martin and help revive the fortunes of the ailing manufacturer whose share price and profits have plummeted since the company's floating in October 2018. Racing Point F1 reveals launch date for 2020 contender Overall, Aston Martin will raise a total of 500 million pounds from its consortium of investors. Stroll will also join the company's board as executive chairman. Aston Martin Chief Executive Andy Palmer said Stroll...
Full Story »
5y ago from F1i.com 0
Share

You May Also Be Interested In...

Racing Point to become Aston Marton F1 Team

Lawrence Stroll buys stake in Aston Martin, as his F1 team, Racing Point,...
5y ago from Pitpass.com

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

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

Aston Martin has convened a board meeting with two parties, including...
5y ago from PlanetF1.com

Challenging start to the 2020 season for Heart of...

Facebook Twitter ReddIt Email If you were anything like me, you were...
5y ago from TheParcFerme.com

Elsewhere On The Network

Popular On MGPToday.com

Honda confirms Jorge Martin ‘an option’ for 2026...

Honda Team Manager Alberto Puig has reiterated its interest in signing...

Liberty Media completes 4.3 billion takeover of...

Two weeks on from receiving unanimous EU approval, Liberty Media...

Gresini reveals extent of Alex Marquez's injuries...

Gresini Racing team manager Michele Masini revealed the extent of Alex...

Popular On IndyCarToday.com

Alex Palou flies to the front in second IndyCar...

On Saturday morning, IndyCar headed back out on track to complete their...

Upcoming IndyCar races at Iowa predicted to be...

After IndyCar completes the event at Mid-Ohio this weekend, the paddock...

Kyle Kirkwood runs to the top in opening IndyCar...

The NTT IndyCar Series returned to action on Friday, completing a...
20h ago from MotorsportWeek.c...

Christian Rasmussen handed six-place IndyCar grid...

IndyCar officials have handed Christian Rasmussen a six-place grid...

Popular On TotalWRC.com

Oliver Solberg goes Rally1 – Sebastien Ogier enters...

After dominant victories in WRC2 in Rally Sweden, Portugal and most...

Popular On GunnersToday.com

Chelsea expecting Arsenal bid for Madueke

Chelsea are expecting an offer from Arsenal for Noni Madueke.
49m ago from SkySports.com

Personal terms agreed for Arsenal to sign Premier...

Arsenal have still only officially announced one signing this summer, but...
2h ago from FreshArsenal.com

Reliable source: 90m forwards ‘absolute...

The rumour mill is in full swing today, despite it being a Saturday...
3h ago from FreshArsenal.com

After Arsenal agree personal terms for Noni Madueke,...

Chelsea have indicated their interest in Arsenal sensation Ethan Nwaneri...
2h ago from SportsKeeda.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.