News Details

Racing Point to become works Aston Martin team in 2021!

Lawrence Stroll's Racing Point F1 outfit will become the works Aston Martin team from 2021 following the Canadian billionaire's acquisition of a 20 percent stake in the luxury car manufacturer. It was announced on Friday that Stroll will invest 200 million pounds in Aston Martin and help revive the fortunes of the ailing manufacturer whose share price and profits have plummeted since the company's floating in October 2018. Racing Point F1 reveals launch date for 2020 contender Overall, Aston Martin will raise a total of 500 million pounds from its consortium of investors. Stroll will also join the company's board as executive chairman. Aston Martin Chief Executive Andy Palmer said Stroll...
Full Story »
4y ago from F1i.com 0
Share

You May Also Be Interested In...

Racing Point to become Aston Marton F1 Team

Lawrence Stroll buys stake in Aston Martin, as his F1 team, Racing Point,...
4y ago from Pitpass.com

Stroll Lining-Up £200m, 20% Stake in Aston Martin

Racing Point owner Lawrence Stroll is one of two bidders left in the...
4y ago from GrandPrix247.com

Aston Martin weighing up Stroll & Geely's £200m...

Aston Martin has convened a board meeting with two parties, including...
4y ago from PlanetF1.com

Challenging start to the 2020 season for Heart of...

Facebook Twitter ReddIt Email If you were anything like me, you were...
4y ago from TheParcFerme.com

Elsewhere On The Network

Popular On MGPToday.com

Marquez ‘got the better of me' at Le Mans, says...

Reigning MotoGP World Champion Francesco Bagnaia admitted he was missing a...

Popular On IndyCarToday.com

Abel ends Indy 500 entry hopes, cites funding as cause

Abel Motorsports will not be fielding a car in this year’s Indianapolis...

American flag livery returns for AJ Foyt Indy 500 entry

AJ Foyt Racing announced Wednesday that it is bringing its popular...

Popular On TotalWRC.com

Sebastian Ogier sets another new record with his 6th...

Sebastian Ogier and Vincent Landais reeled off the remaining four stages...
23h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Ferdinand slams Ten Hag and urges him to try three...

Manchester United legend Rio Ferdinand has slammed Red Devils manager Erik...
3h ago from CaughtOffside.com

Manchester City handed double fitness boost ahead of...

Pep Guardiola delivers an fitness update on Nathan Ake and Jack Grealish...
32m ago from SportsMole.co.uk

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.