News Details
Stroll investing in Aston Martin ‘to win'
Aston Martin chief executive Andy Palmer has said that Lawrence Stroll's consortium has purchased a stake in the company with F1 wins in mind. Stroll has acquired a 16.7% stake in the British car manufacturer, and as part of the deal his Racing Point team will be renamed to the Aston Martin Formula One team from 2021. As part of the deal Aston Martin are taking a risk in ending their relationship with Red Bull after the 2020 season, but Palmer is confident that Stroll wouldn't buy a stake in the company if he didn't want Aston Martin to win in F1. “It gives us a challenge and, if you talk to Mr Stroll, then you’ll quickly learn he isn’t in the paddock to just turn up,' Palmer told...
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5y ago from PlanetF1.com
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