News Details

Stroll secures new investors for Aston Martin

Aston Martin has found a new investor thanks to Lawrence Stroll. The Saudi Arabian Public Investment Fund has acquired a large stake in the Formula 1 team. The Canadian multimillionaire speaks of great confidence in the new strategic investment plan that will strengthen the image of the luxury car brand. 0 Aston Martin has had to deal with a lot of financial pressure in recent years, including the share price being lowered. Last May, Mercedes CEO Tobias Moers was replaced by Amedeo Felisa, a former Ferrari chief. With PIF as a new investment party, another step has been taken in the transformation of the F1 team. Read more Seidl realistic about season so far for McLaren PIF is the owner of...
Full Story »
2y ago from GPBlog.com 0
Share

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...
2y ago from MotorsportWeek.com

Saudi Arabia's sovereign wealth fund takes 16.75%...

£78m ($92m) investment sees Saudi Arabia's Public Investment Fund (PIF)...
2y ago from Pitpass.com

Ricciardo speaks out amid raging new rumours

Jul.14 Daniel Ricciardo has taken to social media to calm raging new...
2y ago from OneStopStrategy.com

Sainz accepts DNF easier because of horsepower of...

For Ferrari, the first half of the season in Formula 1 has two faces. On...
2y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

Fabio Quartararo fastest in final Assen MotoGP practice

Fabio Quartararo leads the way after posting the fastest time in the...
46m ago from MotorsportWeek.c...

Fabio Quartararo tops chaotic second Assen MotoGP...

Fabio Quartararo topped the timesheets for Yamaha after an extended...
18h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

IndyCar will not return to Thermal Club in 2026...

According to comments made by Thermal Club founder and owner Tim Rogers,...

Malukas’ recovery drive secures Foyt’s best team...

During Sunday’s IndyCar race at Road America, David Malukas was the...

Popular On TotalWRC.com

Ott Tanak tames rough Acropolis Rally Greece

Ott Tanak and Martin Jarveoja ended a rough, puncture-riddled opening day...
14h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Contact made: Arsenal make first move to sign...

Arsenal have shown strong interest in Crystal Palace star Eberechi Eze as...
3h ago from CaughtOffside.com

Sources: Liverpool and Arsenal battle for player with...

Malick Fofana has emerged as one of the hottest prospects in the summer...
2h ago from CaughtOffside.com

Arsenal interested in another Chelsea star after...

Arsenal are reportedly interested in signing Noni Madueke from Chelsea...
3h ago from SportsKeeda.com

Eze is good, TV companies are bad

Morning all. A very quick Saturday blog for you. After a flurry of news...
3h ago from Arseblog.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.