News Details
Mercedes-Benz raise Aston Martin stake to up to 20% by 2023
Daimler unit Mercedes-Benz is to lift its stake in Britain's Aston Martin to up to 20% by 2023, making it one of the struggling British carmaker's largest shareholders, Aston said on Tuesday. Aston Martin, popular for being James Bond's carmaker of choice, has suffered a torrid time since it floated two years ago, with its shares losing two-thirds of their value this year. The 107-year-old firm hired Tobias Moers, former CEO of Mercedes-AMG, as its new boss from August. Aston said the increase in Mercedes-Benz's stake, from 2.6% currently, would take place in several stages as part of a wider issue of 250 million shares at 50 pence each. The stock issued to the German group will have a...
Full Story »
Full Story »
5y ago from GrandPrix247.com
0
You May Also Be Interested In...
Mercedes ups stake in Aston Martin - boosts technical...
Mercedes-Benz is set to increase its stake in Aston Martin to 20 percent...
5y ago from F1i.com
Mercedes secures 20% stake in Aston Martin
Mercedes is to allow Aston Martin access to its advanced technologies and...
5y ago from PlanetF1.com
Mercedes increases stake in Aston Martin
Mercedes increases stake in car manufacturer to 20% as it announces an...
5y ago from Pitpass.com
Marko questions Vettel's performances this season but...
Sebastian Vettel is going through a difficult period at Ferrari. Since...
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Liberty Media reports MotoGP’s revenue and losses...
No description available...
11h ago from Motorsport.com
Johann Zarco: 'Maybe I have a chance' of repeat French...
No description available...
12h ago from Motorsport.com
Marc Marquez on his current Ducati struggles: “I've...
No description available...
15h ago from Motorsport.com
Popular On IndyCarToday.com
Alex Zanardi: The man whose name is a synonym for...
No description available...
5h ago from Motorsport.com
Conor Daly tops Indy 500 test with 225mph lap on...
No description available...
5h ago from Motorsport.com
How to watch IndyCar 2026 Indy GP: Weekend schedule,...
No description available...
8h ago from Motorsport.com
Graham Rahal “not a fan” of new rule allowing...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Oliver Solberg grabs Rally Portugal lead as Hyundai...
No description available...
8h ago from Motorsport.com
Why WRC drivers expect Portugal to deliver a rally...
No description available...
16h ago from Motorsport.com
Hyundai brings WRC engine upgrade to Rally Portugal
No description available...
19h ago from Motorsport.com
How Ott Tanak can help Toyota's WRC 2027 car...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Brazilian defender emerges as a target for Arsenal as...
Brazilian defender Wesley has done quite well for AS Roma, and Arsenal are...
7h ago from CaughtOffside.com
PSG v Arsenal: six factors that could decide the...
ping Ousmane Dembélé quiet will be tough but Mikel Arteta’s side have...
9h ago from TheGuardian.com
Champions League review: a punch for Arteta and are...
teams for the final in Budapest are set. We look at how they got there...
9h ago from TheGuardian.com
Arsenal ready to splash UCL cash on 28-G/A star who is...
Arsenal are reportedly interested in signing the PSG attacker Khvicha...
10h ago from CaughtOffside.com
Comments
Hottest News
F1MATHS: What does the telemetry reveal about the 2026 F1...
The comparison between Kimi Antonelli’s 2026... Read More »
1h ago from F1Technical.net
Oscar Piastri stunned by brutal Charles Leclerc attack
McLaren F1 star Oscar Piastri's reaction to a... Read More »
7h ago from GPFans.com
F1 star Charles Leclerc bought an incredible new £15m...
Ferrari F1 star Charles Leclerc has bought a... Read More »
8h ago from GPFans.com
