News Details
Aston Martin F1 valued at $1bln after minority stake sell
Aston Martin F1 has announced that it has entered into an agreement with American private equity firm Arctos Partners to sell a minority stake in the F1 outfit to the latter at a $1 billion valuation. As part of its partnership with Aston Martin F1, Arctos will provide the team with deep sports industry knowledge, and a robust network of influential relationships to support its continued growth. Arctos’ investment in AMR Holdings GP Limited – the entity that owns the F1 team – is expected to close by year end. Founded in 2020 and based in Greenwich, Connecticut, Arctos focuses on investing in sports and entertainment franchises as well as other businesses. Its high-profile...
Full Story »
Full Story »
You May Also Be Interested In...
F1: Aston Martin sells stake in team to private...
Aston Martin has entered an agreement for Arctos Partners to buy an...
1y ago from Pitpass.com
A nod to Formula 1's first female driver
Maria Teresa de Filippis - motorsport's first female F1 Grand Prix driver...
1y ago from F1i.com
FIA creates F1 Commissioner post to spearhead changes
The FIA is to create a dedicated post of F1 Commissioner to lead...
1y ago from F1i.com
Schumacher's first crown, but not his finest hour
On this day in 1994, Michael Schumacher clinched at the season finale...
1y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Manu González to make MotoGP debut with Aprilia...
No description available...
9h ago from Motorsport.com
Marc Marquez explains how he stopped taking “too...
No description available...
10h ago from Motorsport.com
MotoGP Aragon GP: Marc Marquez fights back for sprint...
No description available...
13h ago from Motorsport.com
Popular On IndyCarToday.com
Detroit GP expected to remain downtown amid potential...
Following the conclusion of the Detroit Grand Prix, organizers have...
2d ago from MotorsportWeek.c...
AJ Foyt Racing fined $25K, lose championship points...
No description available...
5d ago from Motorsport.com
Santino Ferrucci issued post-race penalty but keeps...
The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...
5d ago from MotorsportWeek.c...
Louis Foster reveals likely cause of scary 180MPH...
On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...
5d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Ogier in charge on WRC Italia Sardegna
Sébastien Ogier stretched his Rally Italia Sardegna lead on Saturday...
6h ago from MotorsportWeek.c...
Amid losing streak, Hyundai accepts “consequences”...
No description available...
6h ago from Motorsport.com
Sebastien Ogier survives brutal Sardinia Saturday with...
No description available...
10h ago from Motorsport.com
Sebastien Ogier leads Rally Sardinia as Adrien...
No description available...
16h ago from Motorsport.com
Popular On GunnersToday.com
Chelsea's 65 million target open to joining Arsenal -...
Spain forward Nico Williams is reportedly open to a move to Arsenal this...
8h ago from SportsKeeda.com
Deal in process: Ornstein confirms player has agreed...
Chelsea goalkeeper Kepa Arrizabalaga is now closing in on a move to...
11h ago from CaughtOffside.com
Arsenal approach RB Leipzig over Sesko signing
Sky Germany are reporting Arsenal have formally approached RB Leipzig over...
10h ago from SkySports.com
Arsenal progressing on a £5m deal to sign Kepa - why...
Arsenal are progressing with a deal to sign Chelsea goalkeeper Kepa...
10h ago from SkySports.com
Comments
Hottest News
F1 film given honest reaction as critics pile in on Brad...
Early reactions to Brad Pitt and Damson Idris'... Read More »
10h ago from GPFans.com
Formula One confirms PepsiCo as its new official partner
Formula 1 and PepsiCo have announced a multi-year... Read More »
3h ago from F1Technical.net
Max Verstappen's baby daughter Lily gets her first car with...
Max Verstappen and Kelly Piquet’s daughter Lily... Read More »
6h ago from GPFans.com
