News Details
Stroll buys more Aston Martin shares after price collapses
Aston Martin is increasing a $617-million capital raising plan by $45-million pounds due to the coronavirus outbreak which will now see a consortium led by Canadian billionaire Lawrence Stroll increase their stake to 25% stake in the carmaker. “There has been a significant change in the global market environment in which Aston Martin Lagonda operates,” said Stroll. “What has not changed is our commitment to provide the company with the necessary funding it needs to manage through this period, to reset the business and to deliver on its long-term potential.” Aston Martin chief executive Andy Palmer added, “We are actively managing the potential impacts of COVID-19 on a daily...
Full Story »
Full Story »
6y ago from GrandPrix247.com
0
You May Also Be Interested In...
Lawrence Stroll to boost stake in Aston Martin
Racing Point F1 owner Lawrence Stroll is set to boost his stake in Aston...
6y ago from F1i.com
Formula 1 signs Saudi oil company Aramco as global...
Formula 1 has announced a ‘long-term’ global sponsorship deal with...
6y ago from FormulaSpy.com
Formula 1 signs up energy group Aramco as global...
Formula 1 announced on Tuesday a new long-term global sponsorship deal...
6y ago from F1i.com
Saudi Arabia's Aramco agrees ‘long-term' F1...
Formula 1 has announced a ‘long-term' global sponsorship deal with...
6y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Everything we know about Goiania Circuit –...
No description available...
15h ago from Motorsport.com
Heavy rain and flooding hits Autodromo Ayrton Senna...
No description available...
23h ago from Motorsport.com
Marc Marquez: 'Speeds will be lower with 850cc bikes,...
No description available...
1d ago from Motorsport.com
The key challenges MotoGP teams will face in the 2027...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Takuma Sato set for Indy 500 return with Rahal...
No description available...
1d ago from Motorsport.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
1d ago from MotorsportWeek.c...
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
1d ago from MotorsportWeek.c...
Helio Castroneves to attempt 2026 Indianapolis 500...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
WRC working to secure future of Safari Rally Kenya...
No description available...
20h ago from Motorsport.com
WRC Rally Scotland brings top tier rallying back to...
The 2027 WRC calendar should have an exciting new event on the calendar:...
2d ago from MotorsportWeek.c...
WRC to return to GB in 2027 as Scotland secures...
No description available...
2d ago from Motorsport.com
WRC Safari Rally Kenya: Elfyn Evans retires as drivers...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Champions League round-up + quarter-final dates/times...
Morning all. In a season of high stress and no little anxiety, maybe...
1h ago from Arseblog.com
Sources: Arsenal among clubs who 'love' this...
Arsenal are among the clubs interested in an ambitious potential transfer...
4m ago from CaughtOffside.com
England still in good position for fifth Champions...
England are still in a commanding position to secure a fifth Champions...
4m ago from SkySports.com
Premier League officials appear to confirm Arsenal...
Premier League officials have admitted that Arsenal benefited from two key...
10h ago from SportsKeeda.com
Comments
Hottest News
Lando Norris accused of 'harsh criticism' over F1 crash fear
It was an eye-opening remark that drew plenty of... Read More »
1h ago from RacingNews365.com
Fred Vasseur not convinced new Formula 1 engine compression...
The Formula 1 grid was blindsided by Mercedes'... Read More »
2h ago from GrandPrix247.com
FIA set to fast-track engine ‘catch-up' rules
Mar.19 Formula 1's governing body is poised to... Read More »
2h ago from OneStopStrategy.com
