News Details
In The Pitlane: Lawrence Stroll F1's rainmaker
Lawrence Stroll once again proves to be the consummate dealmaker with the announcement last week that Mercedes-AMG was involved in a new £1.3-billion refinancing package for Aston Martin. Lawrence who had previously put together his Yew Tree consortium to purchase Aston Martin knew the company did not have enough cash to survive the next 12 months. With a falling share price, he needed to act fast after the pandemic sent losses north of £227-million in the first half of 2020, as Aston Martin sold only 1,770 cars. Stroll has put together a deal that includes issuing £1.2-billion in new debt and bringing onboard new shareholders Zelon Holdings and Permian Investment Partners with an...
Full Story »
Full Story »
4y ago from GrandPrix247.com
0
You May Also Be Interested In...
Stroll: Mercedes investment in Aston Martin ‘a...
Mercedes-Benz has announced it will make a major investment in Aston...
4y ago from MotorsportWeek.com
Mercedes-Benz raise Aston Martin stake to up to 20% by...
Daimler unit Mercedes-Benz is to lift its stake in Britain's Aston Martin...
4y ago from GrandPrix247.com
In the Pitlane: Haas desperate enough to go with two...
Last week Kevin Magnussen and Romain Grosjean learned their services are...
4y ago from GrandPrix247.com
Ecclestone 'pressured' Lawrence Stroll to sign up...
Former F1 supremo Bernie Ecclestone says he intervened to convince Racing...
4y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Brazil replaces Argentina as 2026 MotoGP calendar...
The 2026 MotoGP calendar has officially been released and the new season...
1d ago from MotorsportWeek.c...
Brazilian GP replaces Argentina in 2026 MotoGP calendar
No description available...
1d ago from Motorsport.com
Luca Marini gets new Honda MotoGP deal for 2026
No description available...
4d ago from Motorsport.com
Motegi remains on MotoGP calendar through 2030
MotoGP has officially confirmed that the Japanese Grand Prix at Motegi...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Pato O’Ward fastest in opening practice in Laguna...
Laguna Seca was the setting for IndyCar’s first practice session on...
7h ago from MotorsportWeek.c...
Arrow McLaren set to move into new race facility in...
Arrow McLaren has officially taken ownership of what will be its new...
1d ago from MotorsportWeek.c...
Arrow McLaren expands IndyCar operations with new...
No description available...
1d ago from Motorsport.com
Why Rinus VeeKay believes there's more to come after...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Monaco GP circuit stage in frame for WRC comeback in...
No description available...
15h ago from Motorsport.com
How Oliver Solberg’s rapid WRC return shakes up...
No description available...
1w ago from Motorsport.com
How WRC rivals reacted to Oliver Solberg's first...
No description available...
5d ago from Motorsport.com
Oliver Solberg stuns with maiden WRC victory in Estonia
Oliver Solberg and Elliot Edmondson stunned the WRC elite with a...
5d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Gyokeres medical today, but will he go on tour?
It's Saturday in Singapore! The big news this morning is that Saturday in...
4h ago from Arseblog.com
Arsenal vs Newcastle United Prediction and Betting...
Arsenal will lock horns against Newcastle United at the Singapore National...
9h ago from SportsKeeda.com
Report: Arsenal preparing a strong push to sign...
Arsenal are interested in securing the services of the Ajax defender...
12h ago from CaughtOffside.com
Viktor Gyokeres to wear iconic Arsenal jersey number...
Viktor Gyokeres will reportedly wear the jersey number 14 for Arsenal...
14h ago from SportsKeeda.com
Comments
Hottest News
The McLaren design inspiring Red Bull's 'make or break' Spa...
RacingNews365's technical analyst Paolo Filisetti... Read More »
48m ago from RacingNews365.com
Helmut Marko deals Yuki Tsunoda Belgian GP promise
Yuki Tsunoda might have endured another early... Read More »
1h ago from RacingNews365.com
F1 Sprint Race Today: Belgian Grand Prix 2025 start times,...
The first of two races during the Belgian Grand... Read More »
1h ago from GPFans.com
