News Details
Stroll: Saudi investment a game-changer for Aston Martin
Aston Martin's troubles on and off the Formula 1 tracks are well documented, hence no surprise Lawrence Stroll and his advisors have forged a partnership to invest handsomely in the project to give it a boost. Last week, Aston Martin announced plans to raise £653-million ($783-million) in equity capital as it seeks to lower its debt and secure its long-term future. Autocar report that in total, executive chairman Stroll's Yew Tree investment group, Mercedes-Benz and the Saudi Public Investment Fund (PIF) are collectively said to be investing around $400-million in Aston, with a further $380-,million being raised through the public share issue. The goal for the iconic British manufacturer...
Full Story »
Full Story »
3y ago from GrandPrix247.com
0
You May Also Be Interested In...
Aston Martin set for Saudi Arabian PIF investment
Aston Martin is set to receive major investment from the Saudi Arabian...
3y ago from MotorsportWeek.com
Defeat to Leclerc ‘a surprise' in Austria...
Jul.11 Red Bull admits Charles Leclerc's victory for championship...
3y ago from OneStopStrategy.com
Number 1 driver not Ferrari's ‘top priority'...
Jul.13 Reliability is Ferrari's 'top priority' rather than the...
3y ago from OneStopStrategy.com
Stroll secures new investors for Aston Martin
Aston Martin has found a new investor thanks to Lawrence Stroll. The...
3y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP riders have their say on controversial Marc...
No description available...
2h ago from Motorsport.com
Pedro Acosta "didn't expect" sprint penalty...
No description available...
3h ago from Motorsport.com
Pedro Acosta takes dramatic Thai MotoGP Sprint victory...
KTM rider Pedro Acosta clinched his first victory in MotoGP following a...
5h ago from MotorsportWeek.c...
Marc Marquez hits out at timing of controversial Thai...
No description available...
3h ago from Motorsport.com
Popular On IndyCarToday.com
Palou and Ganassi reach settlement with McLaren
Alex Palou and Chip Ganassi have reached a settlement with McLaren over...
1h ago from MotorsportWeek.c...
Scott Dixon crashes hard in opening practice for Grand...
No description available...
17h ago from Motorsport.com
Scott McLaughlin hustles to the top in opening IndyCar...
The NTT IndyCar Series returned to action Friday afternoon, completing...
17h ago from MotorsportWeek.c...
Pato O'Ward: "I'm tired of IndyCar being like the...
No description available...
20h ago from Motorsport.com
Popular On TotalWRC.com
Why Esapekka Lappi was so happy at WRC Rally Sweden
No description available...
2d ago from Motorsport.com
Acropolis Rally's Thursday parc ferme will be on a boat
No description available...
3d ago from Motorsport.com
Hyundai “realistic and optimistic” in mission to...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Talks held: Barcelona working on signing 45m Arsenal...
Barcelona are reportedly already in talks with intermediaries over a...
31m ago from CaughtOffside.com
'More difficult than the Champions League' - Chelsea...
Chelsea midfielder Andre Santos has said that the Premier League is even...
3h ago from SportsKeeda.com
£90m-rated Arsenal transfer target sends private...
Newcastle United midfielder Sandro Tonali has reportedly given the club...
4h ago from CaughtOffside.com
Arsenal vs Chelsea Prediction and Betting Tips | 1st...
The Premier League is back in action with another massive clash between...
3h ago from SportsKeeda.com
Comments
Hottest News
Mercedes impacted as FIA confirm update engine compression...
The FIA has confirmed changes to the F1 engine... Read More »
3h ago from MotorsportWeek.com
F1: FIA confirms change to compression ratio regulations
The FIA has confirmed that all five engine... Read More »
3h ago from Pitpass.com
F1 scraps farcical two-stop rule for 2026 Monaco GP
The FIA and Formula 1 have performed a rare and... Read More »
2h ago from F1i.com
