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Stroll reportedly increases Aston Martin ownership
Aston Martin shareholder Lawrence Stroll has strengthened his control of Aston Martin, according to reports. The Canadian billionaire first bought into Aston Martin Lagonda Global Holdings last year, keen to revamp both the brand's image and its car range. The consortium he led invested north of £180million in return for a 16.7% stake in the company. As part of the deal, Stroll's Formula 1 team Racing Point rebranded to Aston Martin for the 2021 season. And according to reports in the Arabian news, Stroll has now increased his stake further after Adeem/Primewagon reduced their shares to become a minority owner. The reports adds that three board members have stepped down, making way for...
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5y ago from PlanetF1.com
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