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.