DNYUZ
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Music
    • Movie
    • Television
    • Theater
    • Gaming
    • Sports
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel
No Result
View All Result
DNYUZ
No Result
View All Result
Home News

Aston Martin to Offload Its F1 Team Stake

April 1, 2025
in News
Aston Martin to Offload Its F1 Team Stake
508
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Aston Martin is selling its stake in the Aston Martin Formula One team to focus on revitalizing its core automotive business, while team owner Lawrence Stroll has doubled down on his commitment with a fresh round of investment.

The decision comes as Aston Martin Lagonda seeks to offset mounting debts — reportedly exceeding $1 billion — and follows the recent elimination of 170 jobs. The company stated that the share sale aims to “realise a premium” above the $95,712,345 USD book value of its investments, all while reaffirming its long-term sponsorship of the F1 outfit.

Despite the divestment, the F1 team will continue to bear the iconic Aston Martin name and signature British racing green livery. “These moves demonstrate that Aston Martin’s place on the Formula 1 grid is as secure as ever,” said Stroll. “AML recently recommitted to its long-term sponsorship and licensing agreement with AMF1.”

Stroll, who first acquired a stake in the team over five years ago, has increased his ownership in Aston Martin to 33 percent through his Yew Tree Consortium. “Since 2020, my partners and I have invested around £600 million into the company,” he said, adding that the latest investment ensures a stronger platform for long-term value.

The post Aston Martin to Offload Its F1 Team Stake appeared first on Hypebeast.

Tags: Aston MartinF1Formula One
Share203Tweet127Share
Where to watch the Xbox Games Showcase 2025 and Outer Worlds 2 Direct
News

Where to watch the Xbox Games Showcase 2025 and Outer Worlds 2 Direct

by Polygon
June 6, 2025

Microsoft’s annual Xbox Games Showcase is a double header this year: It’s directly followed by the Outer Worlds 2 Direct, ...

Read more
Health

US measles cases nearing 30-year high

June 6, 2025
News

Bravo-Verse Heats Up As ‘Summer House’ Season 9 Eyes Record Series Viewership & ‘The Valley’ Season 2 Starts Strong

June 6, 2025
News

Transgender troops face a deadline and a difficult decision: Stay or go?

June 6, 2025
News

This Gaza Relief Effort Was Doomed to Fail

June 6, 2025
Behind the scenes of Trump’s ‘iconic’ McDonald’s visit before election victory

Behind the scenes of Trump’s ‘iconic’ McDonald’s visit before election victory

June 6, 2025
MTA gives subway Rex-treme makeover with dino store and other ‘whimsical’ art installations

MTA gives subway Rex-treme makeover with dino store and other ‘whimsical’ art installations

June 6, 2025
Germany’s Merz confident after emerging unharmed from Trump ‘show’

Germany’s Merz confident after emerging unharmed from Trump ‘show’

June 6, 2025

Copyright © 2025.

No Result
View All Result
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Gaming
    • Music
    • Movie
    • Sports
    • Television
    • Theater
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel

Copyright © 2025.