News Details
Aston Martin extends sponsorship of F1 team – takes equity stake
©AstonMartin Phillip van Osten
15/04/2024 at 15:3915/04/2024 at 15:48 Aston Martin Lagonda has extended its sponsorship deal with the F1 team that bears its name and further boosted its involvement by taking an equity stake in the Silverstone-based outfit. The prestigious British sportscar manufacturer which was acquired by a consortium of investors led by Lawrence Stroll in 2020 was granted the naming rights by the Canadian billionaire’s independently owned team from 2021. According to The Times, this agreement, which was set to expire at the end of 2025, has now been amended and will run until 2030. However, Aston Martin Lagonda has also taken up an option to acquire a near-£20...
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