News Details
Lawrence Stroll Explores Stake Sale in Aston Martin F1 Team
Billionaire Lawrence Stroll is currently in preliminary discussions to offload another minority share of his Aston Martin Formula One team, aiming to leverage the sport's surging popularity, sources familiar with the matter revealed. Stroll, who maintains ownership of the F1 team distinct from his position in luxury automaker Aston Martin Lagonda Global Holdings Plc, is reportedly open to divesting up to 25 percent of the racing entity, the sources disclosed on condition of anonymity due to the confidential nature of the talks. Seeking to surpass the £1 billion (US$1.3 billion) valuation from the previous November deal with US private equity firm Arctos Partners, the Canadian magnate is...
Full Story »
Full Story »
1y ago from Formula1News.co.uk
0
You May Also Be Interested In...
Stroll reportedly mulling selling stake in Aston...
© XPB Michael Delaney
27/04/2024 at 09:3727/04/2024 at 09:49...
1y ago from F1i.com
F1 boss 'in early talks' to SELL 25 percent of team
It has been reported that Aston Martin team owner Lawrence Stroll is...
1y ago from GPFans.com
Stroll could sell up to 25% stake in Aston Martin F1...
Lawrence Stroll is involved in initial discussions regarding him selling a...
1y ago from MotorsportWeek.com
'Lawrence Stroll puts Aston Martin F1 minority shares...
Lawrence Stroll is in talks to sell a minority stake in his Aston Martin...
1y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Honda pinpoints potential ‘advantage' ahead of...
Honda technical director Romano Albesiano believes there is one specific...
3h ago from MotorsportWeek.c...
Toprak Razgatlioglu’s manager backs Pramac...
No description available...
5h ago from Motorsport.com
Toprak Razgatlioglu admits MotoGP adaptation...
Toprak Razgatlioglu has admitted that his adaptation to MotoGP feels...
1d ago from MotorsportWeek.c...
2027 MotoGP bikes may not be slower at half the...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Conor Daly snags Indy 500 ride with Dreyer and Reinbold
Dreyer and Reinbold Racing has announced that Conor Daly will drive for...
23h ago from MotorsportWeek.c...
Conor Daly set for Indy 500 run with Dreyer & Reinbold...
No description available...
23h ago from Motorsport.com
Winners and losers from an action-packed IndyCar race...
No description available...
1d ago from Motorsport.com
IndyCar reveals track design for Washington D.C. event
IndyCar has revealed the track design for the newly-added event in...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Why Safari Rally Kenya will be more of a lottery than...
No description available...
4h ago from Motorsport.com
Hankook introduces new WRC tyre at Safari Rally Kenya
No description available...
23h ago from Motorsport.com
Toyota tips Hyundai to fight back in WRC 2026
No description available...
1d ago from Motorsport.com
Hyundai's WRC upgrade plan to close the gap to Toyota
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Arteta told he has 'brave decision' to make after...
Arsenal manager Mikel Arteta has been told that he may have a 'brave...
1h ago from CaughtOffside.com
Max Power
Max Dowman is arriving. In a sense, the ankle injury he picked up in...
45m ago from Arseblog.com
Exclusive: Arsenal considering 10 G/A star for...
Arsenal are exploring the market for wingers this summer, and Brentford's...
24m ago from CaughtOffside.com
Why is Saka struggling for Arsenal?
It is highly unusual to see Bukayo Saka's number come up as early as the...
25m ago from SkySports.com
Comments
Hottest News
Fred Vasseur claims 'Ferrari would have won F1 title' if...
Ferrari team principal Fred Vasseur has pointed... Read More »
5h ago from GPFans.com
F1: Aston Martin coy on spares
Though confident that progress is being made in... Read More »
55m ago from Pitpass.com
Lewis Hamilton confirms crazy Ferrari upgrade as Max...
Join RacingNews365's Sam Coop and Nick Golding as... Read More »
1h ago from RacingNews365.com
