AutoGear
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語
  • STANDINGS
No Result
View All Result
AutoGear
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語
  • STANDINGS
No Result
View All Result
AutoGear

Aston Martin’s Shocking Move: Sell F1 Stake but Remain Title Sponsor!

Harry Stone by Harry Stone
April 1, 2025
in Motorsports
Reading Time: 2 mins read
0
Claire Williams’ Biggest Regret: Passing Up Lawrence Stroll’s Partnership Before Williams’ F1 Sell-Off

May 5, 2024; Miami Gardens, Florida, USA; Aston Martin executive chairman Lawrence Stroll walks into the F1 Village before the F1 Miami Grand Prix at Miami International Autodrome. Mandatory Credit: Peter Casey-USA TODAY Sports

Aston Martin’s Shocking Move in Formula 1: Selling Stake While Staying as Title Sponsor

In a surprising turn of events, Aston Martin Lagonda has announced its decision to sell its stake in the Aston Martin Formula 1 team while retaining its position as the title sponsor. This strategic move is part of an equity raise initiative with a target of over $160 million.

The company, led by F1 team owner Lawrence Stroll, had previously disclosed plans to reduce its workforce by 5% earlier this year due to challenging market conditions. The impact of the Trump administration’s tariffs on imported vehicles further influenced the decision. Stroll is set to boost his shareholding to 33%, raising a substantial sum of nearly $70 million. Moreover, the sale of AML’s minority stake in the F1 team is anticipated to yield over $95 million.

Despite the change in ownership structure, the Aston Martin Formula 1 team emphasizes its commitment to the brand and the sport. Executive Chairman Lawrence Stroll’s dedication is highlighted, with a long-term agreement in place to ensure the Aston Martin name remains prominent in motorsport for years to come.

While the sale of the F1 stake is on the agenda, the identity of the potential buyer remains undisclosed. Stroll has enlisted the services of the investment bank Raine Group to facilitate the search for an investor. The team aims to collaborate with a strategic partner capable of bringing lasting value to both the team and the brand, although a specific timeline for the sale has not been provided.

Stroll affirmed, “These moves demonstrate that Aston Martin’s presence on the Formula 1 grid is as secure as ever.” The recent reaffirmation of the long-term sponsorship and licensing agreement with AMF1 ensures that the iconic Aston Martin brand, along with its signature British racing green colors, will continue to compete in Formula 1 for the foreseeable future.

Currently positioned seventh in the constructors’ championship with 10 points from the initial two races, Aston Martin welcomed design guru Adrian Newey to the team last month. This strategic addition aligns with the team’s preparations for upcoming regulations and its transition to becoming the Honda works team from 2026 onwards.

Share212Tweet133Send

Related Posts

Fred Vasseur sparks intense drama over Ferrari future as F1 boss defies speculation
Motorsports

Fred Vasseur sparks intense drama over Ferrari future as F1 boss defies speculation

Formula One F1 - Emilia Romagna Grand Prix - Autodromo Enzo e Dino Ferrari, Imola, Italy - May 15, 2025...

by Carl Smith
June 18, 2025
Kimi Antonelli’s Astonishing Rise Captivates Max Verstappen in F1 Battle
Motorsports

Kimi Antonelli’s Astonishing Rise Captivates Max Verstappen in F1 Battle

This asset - including all text, audio and imagery - is provided by Imagn Images. Reuters Connect has not verified...

by Carl Harrison
June 18, 2025
Kyle Larson’s Heroic Mexico Race Sparks NASCAR Fury, Earns Admirer Amid Criticism
Motorsports

Kyle Larson’s Heroic Mexico Race Sparks NASCAR Fury, Earns Admirer Amid Criticism

Randy Sartin

by Carl Smith
June 18, 2025
Felipe Nasr Triumphs in Grueling Double Header Clash at Six Hours of The Glen
Motorsports

Felipe Nasr Triumphs in Grueling Double Header Clash at Six Hours of The Glen

04 NASR Felipe (bra), TANDY Nick (gbr), WEHRLEIN Pascal (ger), Porsche Penske Motorsport, Porsche 963, #4, Hypercar, action during the...

by Carl Harrison
June 18, 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent News

Fred Vasseur sparks intense drama over Ferrari future as F1 boss defies speculation

Fred Vasseur sparks intense drama over Ferrari future as F1 boss defies speculation

June 18, 2025
Kimi Antonelli’s Astonishing Rise Captivates Max Verstappen in F1 Battle

Kimi Antonelli’s Astonishing Rise Captivates Max Verstappen in F1 Battle

June 18, 2025
Kyle Larson’s Heroic Mexico Race Sparks NASCAR Fury, Earns Admirer Amid Criticism

Kyle Larson’s Heroic Mexico Race Sparks NASCAR Fury, Earns Admirer Amid Criticism

June 18, 2025
Felipe Nasr Triumphs in Grueling Double Header Clash at Six Hours of The Glen

Felipe Nasr Triumphs in Grueling Double Header Clash at Six Hours of The Glen

June 18, 2025

Newsletter

  • PRIVACY POLICY
  • TECHNICAL INFORMATION
  • EDITORIAL STATUS
  • TERMS AND CONDITIONS

© 2023 AutoGear - Todos os direitos reservados AutoGear.

No Result
View All Result
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語

© 2023 AutoGear - Todos os direitos reservados AutoGear.

Enable Notifications OK No thanks