News Details

In the Pitlane: Stroll goes digging

So, Toto Wolff extends his spider's web of investments by acquiring a 4.7 percent stake in Aston Martin for £37m, although this will drop to just below one percent following a rights issue. Toto is claiming the investment to be a personal decision but why would he invest in a company with an appalling financial history? Aston Martin has skirted with bankruptcy on numerous occasions. Well, it may be to do with Lawrence Stroll's secret weapon. If we wind the clock back to Stroll's takeover of Force India, the words “Stroll” and “a consortium” went hand in hand. It was claimed at the time Stroll was investing the largest amount and the consortium was a smokescreen to avoid the...
Full Story »
5y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Wolff purchases stake in Aston Martin

Toto Wolff has officially bought shares in Aston Martin, it was reported...
5y ago from GrandPrix247.com

Wolff makes personal investment in Aston Martin

Mercedes F1 boss Toto Wolff has bought shares in Aston Martin, but he...
5y ago from PlanetF1.com

Wolff buys a stake in Aston Martin

Mercedes team boss Toto Wolff has made a personal investment in the Aston...
5y ago from F1Technical.net

Toto Wolff takes personal stake in Aston Martin!

Mercedes motorsport boss Toto Wolff has acquired a stake in Aston Martin,...
5y ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

KTM and Tech3 unveil 2026 MotoGP challengers

KTM and its sister team Tech3 have officially launched its 2026...

Popular On IndyCarToday.com

Ryan Briscoe to coach RLL drivers, fueling speculation...

Rahal Letterman Lanigan Racing has announced that it has brought on two...

Wienie 500 returns for second year in build-up to Indy...

Indianapolis Motor Speedway has announced that the Oscar Meyer Wienie 500...

Alex Palou responds to McLaren court ruling

Alex Palou has been ordered to pay McLaren Racing over $12 million...

Popular On TotalWRC.com

Oliver Solberg crowned the youngest ever Rallye Monte...

Oliver Solberg and Elliot Edmondson created a piece of Rally Monte Carlo...

Popular On GunnersToday.com

Change it around for FC Kairat + Arteta's press...

Morning. We play our final league stage game of the Champions League this...
5h ago from Arseblog.com

Sources: Euro giants target move for summer signing...

Ajax have launched a major winter operation to add leadership, experience,...
6h ago from CaughtOffside.com

Arsenal, Man United and Chelsea lock horns for...

Arsenal, Manchester United and Chelsea are keeping tabs on the Freiburg...
15h ago from CaughtOffside.com

Arteta feeling bullish after Arsenal ‘take...

t;li>Head coach and players spoke in wake of United defeatSide is ‘in...
19h ago from TheGuardian.com

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.