News Details
Aston Martin woes not only in F1 as shares drop 17%
Lawrence Stroll's ambitious Aston Martin project is not only performing well below expectations in Formula 1 as the sportscar sales side has suffered too, due to 'supply snags delaying turnaround' causing a 17% drop in the share price. Aston Martin blamed global supply chain problems for pushing back an expected improvement in its finances, as the luxury carmaker cut its 2022 deliveries and margin forecasts. Shares in the British company fell up to 17% in early Wednesday trade after it said cash inflows were only likely towards the end of the fourth quarter and into early 2023. In July, it had forecast an improvement in its finances in the second half of the year, predicting positive free...
Full Story »
Full Story »
3y ago from GrandPrix247.com
0
You May Also Be Interested In...
‘F1's credibility is in the bin': FIA slammed...
Red Bull team principal Christian Horner is taking his side's...
3y ago from Formula1News.co.uk
‘Listen carefully': Private Ted Kravitz message...
Dutch journalist Jack Plooij has revealed that under fire Sky F1 reporter...
3y ago from Formula1News.co.uk
FIA should give $7m fine to ‘a good cause'...
Nov.1 Christian Horner says he hopes the FIA does 'something good' with...
3y ago from OneStopStrategy.com
Horner's claims over cost cap penalty ‘an...
Christian Horner's claims that a 10 per cent reduction in its aerodynamic...
3y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Yamaha: ’2026 MotoGP bike not performing badly but...
No description available...
1h ago from Motorsport.com
Honda’s Joan Mir believes Ducati has given rivals a...
No description available...
21h ago from Motorsport.com
How Ducati sent a warning to its MotoGP rivals at...
No description available...
1d ago from Motorsport.com
Pedro Acosta rates Sepang MotoGP test “six out of...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Zak Brown “would love” Indy 500 reunion with...
No description available...
1d ago from Motorsport.com
Arrow McLaren unveils liveries for 2026 IndyCar...
Arrow McLaren has taken the wraps off its trio of challengers for the...
2d ago from MotorsportWeek.c...
Arrow McLaren officially opens doors to new home in...
No description available...
1d ago from Motorsport.com
Mick Schumacher building confidence after first...
Mick Schumacher completed his first oval laps in an IndyCar on Wednesday...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Esapekka Lappi thought his WRC career was over, but...
No description available...
20h ago from Motorsport.com
Kalle Rovanpera co-driver Jonne Halttunen lands Toyota...
No description available...
1d ago from Motorsport.com
Iconic Ouninpohja stage dropped from 2026 WRC Rally...
No description available...
3d ago from Motorsport.com
More than 10 tuners interested in joining WRC under...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Sources: Newcastle lead race for 'exceptional' talent...
Newcastle United have attracted a lot of unwanted headlines this week...
45m ago from CaughtOffside.com
'It's not the Champions League final' – Chelsea...
Chelsea legend John Terry has mocked Arsenal for their over-the-top...
2h ago from CaughtOffside.com
Update: Arsenal will try again for midfielder this...
Arsenal are reportedly likely to try again for the transfer of Bayern...
4h ago from CaughtOffside.com
“‘What did I do wrong to the people?’” -...
Sunderland midfielder Granit Xhaka has admitted that he was questioning a...
2h ago from SportsKeeda.com
Comments
Hottest News
Thermal warfare: F1 rivals unite to melt Mercedes’ engine...
Behind closed doors and in hurried conference... Read More »
3h ago from F1i.com
McLaren shocked by 'strong' Red Bull after testing
McLaren CEO Zak Brown has given his verdict on... Read More »
45m ago from GPFans.com
Cadillac take over famous landmark as Super Bowl livery...
Cadillac's livery reveal is getting ever closer! Read More »
35m ago from RacingNews365.com
