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Aston Martin F1 valued at $1bln after minority stake sell
Aston Martin F1 has announced that it has entered into an agreement with American private equity firm Arctos Partners to sell a minority stake in the F1 outfit to the latter at a $1 billion valuation. As part of its partnership with Aston Martin F1, Arctos will provide the team with deep sports industry knowledge, and a robust network of influential relationships to support its continued growth. Arctos’ investment in AMR Holdings GP Limited – the entity that owns the F1 team – is expected to close by year end. Founded in 2020 and based in Greenwich, Connecticut, Arctos focuses on investing in sports and entertainment franchises as well as other businesses. Its high-profile...
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