News Details
F1 sale values Aston Martin team at whopping $1.2 billion
Nov.17 Formula 1 team Aston Martin has been valued at a whopping $1.2 billion. The valuation, made by financial media company Bloomberg, comes after Lawrence Stroll sold a minority stake in the Silverstone based team to Arctos Partners – an American private equity firm. 'The investment values the F1 team at about 1 billion pounds, or $1.2 billion, according to a person familiar with the deal,' correspondent Jamie Nimmo said. Billionaire Stroll, whose son Lance races for the team, said of Arctos: 'They share our vision for our ultra-luxury brand, and they are extremely passionate about the sport and its prospects.' The Canadian admitted recently to holding 'conversations' with...
Full Story »
Full Story »
1y ago from OneStopStrategy.com
0
You May Also Be Interested In...
Stroll sells Aston Martin F1 team shares to Arctos
Aston Martin Formula 1 team reported it had agreed on an investment by...
1y ago from GrandPrix247.com
New investment values Aston Martin at over $1.2bn
Private equity firm Arctos Partners has bought a minority shareholding in...
1y ago from espnF1.com
F1: Aston Martin sells stake in team to private...
Aston Martin has entered an agreement for Arctos Partners to buy an...
1y ago from Pitpass.com
New co-owner at Aston Martin F1: team value over £1bn!
Formula 1 is in Las Vegas, the city of big money. For Aston Martin's F1...
1y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Toprak Razgatlioglu eyes 2027 regulations ahead of...
Toprak Razgatlioglu is already looking ahead to the 2027 MotoGP...
13h ago from MotorsportWeek.c...
Honda test rider Takaaki Nakagami to replace Luca...
Honda test rider Takaaki Nakagami has been announced as a replacement for...
1d ago from MotorsportWeek.c...
Pirelli to hold first MotoGP test in Misano with test...
No description available...
2d ago from Motorsport.com
Watch: Motorsport takes a ride in the MotoGP safety car
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Nolan Siegel apologizes for profanity-filled radio rant
Arrow McLaren driver Nolan Siegel has apologized for what he said over...
3h ago from MotorsportWeek.c...
IndyCar breaks 1 million US TV viewers for third...
The NTT IndyCar Series is nearly through the first year with its new...
1d ago from MotorsportWeek.c...
Christian Rasmussen "not surprised" to earn...
No description available...
1d ago from Motorsport.com
After first oval win, does Kyle Kirkwood see himself...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Rallies around the world: The ones not to miss – and...
Rallying is unlike any other motorsport. It doesn’t unfold on pristine...
7h ago from MotorsportWeek.c...
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
5d ago from Motorsport.com
FIA approves updated bodywork rules for WRC 2027...
No description available...
1w ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'We will never force or blackmail Leipzig' - Benjamin...
Amid Arsenal links, Benjamin Sesko's agent, Elvis Basanovic, has made it...
3h ago from SportsKeeda.com
Supercomputer predicts where Arsenal, Liverpool,...
A supercomputer has predicted how the Premier League table will look at...
3h ago from SportsKeeda.com
'Arteta made it clear…': Journalist confirms...
Benjamin Sesko has been linked with a move to the Premier League in recent...
6h ago from CaughtOffside.com
Local media confirms Arsenal and Man United among main...
RB Leipzig playmaker Xavi Simons has been linked with a move away from the...
5h ago from CaughtOffside.com
Comments
Hottest News
F1 Recap - Verstappen drives in secret Aston Martin test as...
'Franz Hermann' - AKA F1 champion Max Verstappen... Read More »
1h ago from GPFans.com
Kelly Piquet shares FIRST pics of baby Lily with ‘big...
Kelly Piquet - partner of F1 world champion Max... Read More »
2h ago from GPFans.com
Verstappen skips F1 movie premiere to test Aston Martin at...
Max Verstappen opted to stay in Europe this week... Read More »
1h ago from GrandPrix247.com
