Aston Martin Secures $162 Million Through F1 Stake Sale and Stroll’s Increased Investment
The luxury carmaker strengthens its finances with a minority stake sale in its Formula One team and a £52.5 million investment by Chairman Lawrence Stroll.
- Aston Martin will raise over £125 million ($162 million) through the sale of its minority stake in the Aston Martin Aramco Formula One team and additional investment from Lawrence Stroll's Yew Tree Consortium.
- Lawrence Stroll's investment increases his stake in the company from 27.7% to 33%, with potential plans to raise it further to 35%, pending a waiver of UK takeover rules.
- The company confirmed that its long-term sponsorship and branding association with the Formula One team will remain unaffected by the stake sale.
- Aston Martin revised its 2025 sales growth forecast to 'modest growth' due to the impact of new U.S. tariffs on imported cars, which are expected to affect profitability.
- This latest funding move follows significant financial challenges in 2024, including £289.1 million in losses, a 43% increase in debt to £1.16 billion, and recent job cuts affecting 5% of its workforce.