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

Stroll may sell up to a quarter of Aston Martin F1, sources claim.

Carl Smith by Carl Smith
April 27, 2024
in Motorsports
Reading Time: 1 min read
0
Stroll pode vender até um quarto da Aston Martin F1, afirmam fontes.

Lawrence Stroll, an investor in the Aston Martin F1 Team, is reportedly involved in early discussions about the possible sale of a minority stake in the team. Recent reports suggest that Stroll is looking to capitalize on the sport’s significant growth by selling up to 25% of the business. Bloomberg reported that the Canadian billionaire is open to the idea of selling a quarter of the team. However, it is important to note that Stroll’s ownership in the team is separate from his majority stake in the luxury car division Aston Martin Lagonda. Stroll’s goal is to increase the team’s valuation, which is currently at $1 billion, after selling a minority stake to the American private equity firm Arctos Partners in November. A team spokesperson confirmed that they have been contacted by interested parties, especially after the investment from Arctos Partners. While interest in existing F1 teams on the track is increasing, Aston Martin Lagonda’s shares continue to decline. The luxury car brand has seen a 33% drop in its value since the beginning of the year and is currently 80% below the value when Stroll took over as CEO. Two-time F1 champion Fernando Alonso recently announced that he has signed a multi-year extension with Aston Martin, ensuring his presence during the next rule reset. Aston Martin, currently ranked fifth in the Constructors’ Championship, aims to partner with Honda in 2026, with the goal of becoming a title contender.

Share212Tweet133Send

Related Posts

NASCAR Shock: Winning Driver Denied $1 Million Prize! Team Owner Takes All in Dramatic Twist
Motorsports

NASCAR Shock: Winning Driver Denied $1 Million Prize! Team Owner Takes All in Dramatic Twist

Get ready for the adrenaline-fueled NASCAR In-Season Tournament showdown that is sending shockwaves through the racing world! As the competition...

by Simon Monroy
July 26, 2025
Chase Elliott’s Quest to Honor Father’s Legacy at Indianapolis: A Heartfelt Pursuit of Victory
Motorsports

Chase Elliott’s Quest to Honor Father’s Legacy at Indianapolis: A Heartfelt Pursuit of Victory

Peter Casey

by Carl Smith
July 26, 2025
Kyle Busch’s Spectacular Downfall: Fans Abandon Hope as Redemption Story Unravels
Motorsports

Kyle Busch’s Spectacular Downfall: Fans Abandon Hope as Redemption Story Unravels

Peter Casey

by Arthur Ling
July 26, 2025
Toni Breidinger’s Glamour Fuels NASCAR Triumph Despite Stereotypes – Interview Unveils Truth
Motorsports

Toni Breidinger’s Glamour Fuels NASCAR Triumph Despite Stereotypes – Interview Unveils Truth

Peter Casey

by Simon Monroy
July 26, 2025

Recent News

NASCAR Shock: Winning Driver Denied $1 Million Prize! Team Owner Takes All in Dramatic Twist

NASCAR Shock: Winning Driver Denied $1 Million Prize! Team Owner Takes All in Dramatic Twist

July 26, 2025
Chase Elliott’s Quest to Honor Father’s Legacy at Indianapolis: A Heartfelt Pursuit of Victory

Chase Elliott’s Quest to Honor Father’s Legacy at Indianapolis: A Heartfelt Pursuit of Victory

July 26, 2025
Kyle Busch’s Spectacular Downfall: Fans Abandon Hope as Redemption Story Unravels

Kyle Busch’s Spectacular Downfall: Fans Abandon Hope as Redemption Story Unravels

July 26, 2025
Toni Breidinger’s Glamour Fuels NASCAR Triumph Despite Stereotypes – Interview Unveils Truth

Toni Breidinger’s Glamour Fuels NASCAR Triumph Despite Stereotypes – Interview Unveils Truth

July 26, 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