News Details
Lawrence Stroll to boost stake in Aston Martin
Racing Point F1 owner Lawrence Stroll is set to boost his stake in Aston Martin, but the move comes on the back of another collapse this week of the luxury automaker's share price. In January, Stroll and a consortium of investors stepped in to provide Aston Martin with an influx of capital of £182m in exchange for a 16.7 per cent holding in the beleaguered company. The group also agreed to provide Aston with a short-term loan of £55.5m. Overall, Aston Martin was expected to raise a total of £500m from investors through a rights issue to help it revive its fortunes. Stroll: New Aston Martin strategy rooted in F1 team However, the company's dwindling stock price of late, impacted by the...
Full Story »
Full Story »
You May Also Be Interested In...
Lance Stroll hits the court with Lleyton Hewitt
Before hitting the track at Albert Park on Friday, Racing Point's Lance...
5y ago from F1i.com
Racing Point expecting 'harder than ever' tyre...
Racing Point technical director Andy Green expects teams to be challenged...
5y ago from F1i.com
Marko confirms Red Bull Racing 'just wanted to race'
Helmet Marko and Aston Martin Red Bull Racing didn't want the Australian...
5y ago from GPBlog.com
Racing Point drivers preview the Australian Grand Prix
Racing Point drivers preview the Australian Grand Prix, weekend, Round 1...
5y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez aims to ‘mentally defeat’ rivals, not...
No description available...
8h ago from Motorsport.com
Liberty Media can’t follow its F1 play to boost...
No description available...
1d ago from Motorsport.com
Johann Zarco spends MotoGP summer break winning Suzuka...
No description available...
1d ago from Motorsport.com
Guenther Steiner finalizing purchase of Tech3 MotoGP...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
How Palou can clinch his fourth IndyCar championship...
Alex Palou is the man of the moment in IndyCar, and currently holds a 121...
3h ago from MotorsportWeek.c...
FOX Corporation acquires one-third stake in IndyCar...
No description available...
5d ago from Motorsport.com
Colton Herta: IndyCar at Laguna Seca is a...
IndyCar’s latest visit to Laguna Seca produced rave reviews from...
6d ago from MotorsportWeek.c...
FOX acquires 33% stake in Penske Entertainment, IndyCar
Fox Corporation, parent company of broadcast company FOX Sports, has...
5d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Future second Asian/Pacific event behind WRC calendar...
No description available...
10h ago from Motorsport.com
Sebastien Ogier sets sights on WRC 2025 title push
No description available...
1d ago from Motorsport.com
Kalle Rovanpera relieved to finally achieve...
No description available...
2d ago from Motorsport.com
WRC Rally Finland: Kalle Rovanpera takes historic home...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal have second bid rejected for forward,...
Arsenal are continuing their search for a new striker to add to the club...
38m ago from FreshArsenal.com
Arsenal handed double injury boost ahead of Premier...
Arsenal have been handed a double injury boost as they gear up for their...
3h ago from SportsKeeda.com
Report: Arsenal working to complete £20m deal with...
Arsenal have already made six summer signings and they could be set to...
5h ago from FreshArsenal.com
Arsenal latest: 'Wilshere in running for Gunners...
No description available...
6h ago from SkySports.com
Comments
Hottest News
Charles Leclerc disqualification verdict issued by FIA...
The FIA have revealed that Charles Leclerc's... Read More »
1h ago from GPFans.com
Axed F1 boss 'set to BUY' grand prix team
A former F1 team boss is getting ready to buy a... Read More »
8h ago from GPFans.com
Ferrari's Lewis Hamilton replacement? Champion driver...
Just hours after Ferrari star Lewis Hamilton had... Read More »
2h ago from GPFans.com
