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Aston Martin name will continue in F1, insists Stroll

NEWS STORY
01/04/2025

Despite Aston Martin selling its stake in the F1 team, the name will continue as will the iconic British Racing Green livery.

Lawrence Stroll issued a brief statement confirming the fact, as Aston Martin AML seeks to raise £125m courtesy of the sale of its stake in the F1 team and additional funding from the Canadian and his consortium.

"These moves demonstrate that Aston Martin's place on the Formula 1 grid is as secure as ever," he insists. "AML recently re-committed to its long-term sponsorship and licensing agreement with AMF1, confirming that the legendary Aston Martin brand and its British racing green colours will compete in Formula One for decades to come."

The Canadian revealed that he has commissioned the investment bank Raine Group to find a buyer for Aston Martin's stake in the F1 team.

"Raine will work closely with AMF1's commercial chief Jeff Slack to secure a strategic investor who can add long-term value to the team and the brand," he said.

"Happily with the incoming demand, we could be very picky on who to sell this percentage to," he added in a subsequent interview with Bloomberg.

While confident for the F1 team's future, especially with Adrian Newey at work on the 2026 car, which will be powered by Honda, the Canadian is unhappy with the valuation of AML, and as a result it is claimed he is considering taking the car manufacturer private.

"The company is severely undervalued and its stock market valuation of around £650 million is a joke," he told Bloomberg.

Asked about taking the company private, he replied: "Could it be something for the future? Potentially, yes.

"Never say never," he added. "Is it on my radar screen to do in the next fortnight? No, but never say never."

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1. Posted by BillH, 01/04/2025 18:09

"The big institutional investors as they are called, often sell their shares in enough percentage early on as they aren't emotionally attached (may have even got out long before the news of going private) and then the small investors can end up selling lower or even have a compulsory sell situation when a certain percent of the company is sold.
I'm not sure what it is about Aston Martin, the car company, that has it seem to always end up in a bit of financial strife that even the likes of Ford can't dig it out of.
David Brown the tractor manufacturer bought it way back hence the "DB" in the model name of the cars, and was apparently asked by a friend to sell him a car "at cost" and the friend got a bill higher than the retail price.
As for the cars themselves, they are usually really good looking, sound nice and go fast in a GT way but in terms of ownership, like a lot of hand built luxury things, are not as precise as mass produced items and are not as reliable.
The depreciation can be horrific.
That's the true price of luxury I suppose, having enough money to buy the thing then keep it going and be prepared to write off a significant wedge when disposing of it.
Still, they are really nice looking cars, and they sound nice."

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2. Posted by BrightonCorgi, 01/04/2025 16:14

"He tanks the stock so he can buy it back at a discount. Can only go do another 90 cents.

What does that mean for those of us who don't want to sell our shares? Are we somehow compelled to do so?"

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3. Posted by Wokingchap, 01/04/2025 15:18

"Perhaps Mr.Stroll is waiting for the price to drop even more until he buys."

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