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Stroll: Mercedes investment in Aston Martin ‘a transformational moment'
Mercedes-Benz has announced it will make a major investment in Aston Martin, upping its stake from five per cent to 20, in what executive chairman Lawrence Stroll described as 'a transformational moment' for the company. Aston Martin is set to enter Formula 1 next season after Stroll and a consortium of investors took control of the Racing Point team, and then invested in the British car manufacturer. Racing Point has close ties with Mercedes in F1, which are set to be expanded for 2021 when the team is renamed Aston Martin. The supercar manufacturer will also work closely with Mercedes outside of the sport, giving it access to 'a range of world-class technologies, including powertrain...
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4y ago from MotorsportWeek.com
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