Aston Martin Secures £125 Million Through F1 Stake Sale and Yew Tree Investment
Lawrence Stroll's Yew Tree Consortium increases its stake to 33% as the luxury carmaker works to stabilize finances and address mounting losses.
- Aston Martin is raising over £125 million through the sale of its minority stake in the Aston Martin Aramco Formula One team and a £52.5 million investment from Lawrence Stroll's Yew Tree Consortium.
- Stroll's stake in Aston Martin has increased from 27.7% to 33%, with plans to potentially raise it further to 35%, pending regulatory approval for a takeover rule waiver.
- The company reaffirmed its sponsorship and branding presence in Formula One despite the stake sale, which is expected to generate at least £74 million.
- Aston Martin has revised its 2025 sales forecast to 'modest growth,' citing the impact of new U.S. tariffs and weak demand in key markets like China.
- Shares of Aston Martin rose by up to 13% following the announcement, reflecting cautious investor optimism about the company's financial turnaround efforts.