News Details
Racing Point to become Aston Martin in 2021
Racing Point will be known as the Aston Martin Formula 1 team from 2021 as Lawrence Stroll acquired a 16.7% stake in the British car manufacturer. Confirmation that Stroll's offer to invest into the struggling luxury car brand came on Friday morning via the London Stock Exchange following an Aston Martin board meeting on Thursday night. It is believed the 16.7% stake has been acquired by Stroll for £182 million. ‘Aston Martin Lagonda has entered into a legally binding termsheet under which the Racing Point F1 team will become the Aston Martin F1 works team with effect from the 2021 season,' a statement read. ‘This agreement is for a 10-year initial term and Aston Martin...
Full Story »
Full Story »
6y ago from PlanetF1.com
0
You May Also Be Interested In...
Racing Point to become works Aston Martin team in 2021!
Lawrence Stroll's Racing Point F1 outfit will become the works Aston...
6y ago from F1i.com
Stroll Lining-Up £200m, 20% Stake in Aston Martin
Racing Point owner Lawrence Stroll is one of two bidders left in the...
6y ago from GrandPrix247.com
Racing Point to be Aston Martin in 2021
Jan.31 Racing Point will become the works Aston Martin team in Formula 1...
6y ago from OneStopStrategy.com
Racing Point to become Aston Marton F1 Team
Lawrence Stroll buys stake in Aston Martin, as his F1 team, Racing Point,...
6y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez escapes injury after nasty 190km/h crash...
No description available...
35m ago from Motorsport.com
The FIM responds to the multiple ‘challenges' on...
The FIM - the governing body of motorcycle racing - has released a...
4h ago from MotorsportWeek.c...
Honda’s 2026 bike feels “naturally fast” – so...
No description available...
3h ago from Motorsport.com
Jorge Martin: "If I can be competitive at COTA, I...
No description available...
6h ago from Motorsport.com
Popular On IndyCarToday.com
Kyffin Simpson explains restart crash in Arlington GP...
A late restart was attempted with one lap to go in the Grand Prix of...
55m ago from MotorsportWeek.c...
Hunter McElrea tabbed as reserve driver by ECR
No description available...
45m ago from Motorsport.com
How to watch IndyCar at Barber: Weekend schedule,...
No description available...
20h ago from Motorsport.com
Andretti boss explains Will Power’s steep transition...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
How Toyota’s new flying Finn is starting to make WRC...
No description available...
1d ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1d ago from Motorsport.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
4d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Sandro Tonali delivers response following claims of...
Newcastle United midfielder Sandro Tonali did his talking on the pitch...
1h ago from CaughtOffside.com
'That would worry me a bit' - Jamie Carragher sheds...
Jamie Carragher believes Arsenal's lack of 'special players' will hurt...
1h ago from SportsKeeda.com
Report: Arsenal monitoring long-time Mikel Arteta...
Arsenal are reportedly one of the clubs keeping a close eye on...
2h ago from CaughtOffside.com
New: Liverpool & Arsenal handed boost in pursuit...
Liverpool and Arsenal may have been handed a boost in their rumoured...
6h ago from CaughtOffside.com
Comments
Hottest News
Mattia Binotto makes surprise Jonathan Wheatley Audi...
Audi F1 project chief Mattia Binotto has spoken... Read More »
2h ago from MotorsportWeek.com
Lewis Hamilton issues frank verdict as alarming Max...
Lewis Hamilton has had his say at the Japanese... Read More »
7h ago from RacingNews365.com
FIA announce Lewis Hamilton punishment verdict after Max...
The stewarding panel at the Japanese Grand Prix... Read More »
8h ago from GPFans.com
