Partial Sale To Value Aston Martin Team At $2.6bn

Partial Sale To Value Aston Martin Team At $2.6bn
Partial Sale To Value Aston Martin Team At $2.6bn

Aston Martin is set to capitalise on its rising prominence in Formula 1 by selling up to a quarter of the team.

On Tuesday, F1 journalists will congregate at Aston Martin’s rapidly developing Silverstone factory where they are expecting to be officially told that Adrian Newey has signed up for 2025 and beyond.

That news will coincide with the similarly expected arrival of some new team co-owners – US-based investment firms HPS Investment Partners and Accel.

Sky News, citing sources, says they are “on the verge of investing hundreds of millions of pounds into the team’s holding company”.

The report suggested the deals, following team owner Lawrence Stroll selling a minority stake to Arctos Partners last year, will value Aston Martin’s F1 team at up to an eye-watering $2.62 billion.

London’s Times newspaper and Auto Motor und Sport in Germany believe Newey will also receive shares in the F1 team as part of his expected five-year, $30 million per year deal.

Comments

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More in News

F1 Drivers Slam Fia After Perez Sainz Crash

F1 Drivers Slam FIA After Perez-Sainz Crash

Three experienced Formula 1 drivers have hit out at the ...
Colapinto Enters Frame For 2025 Audi Sauber Seat

Franco Colapinto Enters Frame For 2025 Audi-Sauber Seat

Another rookie may have entered the frame to snap up ...
McLaren Can Scrap 'Papaya Rules' Now

McLaren Can Scrap ‘Papaya Rules’ Now

Lando Norris is coming under ever more intense scrutiny in ...
Ferrari Fastest On Day 2 Of Pre-Season Testing

Bahrain To Host 2025 F1 Pre-Season Testing

Formula 1® and the FIA have confirmed that Bahrain International ...
The Mclaren Team Celebrate The Race Win Of Oscar Piastri, Mclaren F1 Team

Oscar Piastri Wins In Baku, McLaren Take Constructor’s Championship Lead

Oscar Piastri won the Azerbaijan Grand Prix, securing a second ...

Trending on F1 Chronicle