Aston Martin Wants to Sell Its Chunk of Aston Martin F1

Yahoo

01-04-2025

Aston Martin has an unusual relationship with its namesake Formula 1 team. Billionaire Lawrence Stroll is the chairperson and part-owner of the Aston Martin car company; he's also the majority owner of the Aston Martin F1 squad. The automaker, in turn, sponsors and owns a chunk of the team as a synergy between Stroll's two business operations — but the nature of this official ownership tie-up is about to change.
As of Tuesday, the car company has announced plans to sell the stake in its namesake for around $95 million, according to Racer and other media outlets. Along with a new investment from Stroll that raises his stake in the automaker from just under 28% to 33%, the company expects to raise around $160 million in new equity.
A buyer for the newly-available chunk of the F1 team has not been named. Aston Martin has also not disclosed just how much of the team that $95 million stake represents, although the size of the number suggests it is likely somewhere between 5 and 20%.
Aston Martin would remain the title sponsor of the team, however as part of a long-term commitment after the deal goes — although its already-tenuous relationship with the Aston Martin F1 team will now be even more unusual. By contrast, Audi chose to buy all of Sauber when it acquired the team to build its own factory F1 effort.
The restructure may look unusual from the outside, but the end result is that Canadian business magnate Stroll will still ultimately be in control of both organizations called Aston Martin. On a separate note, Aston Martin Formula 1 still employs a Canadian driver named Lance Stroll, and is expected to do so for the foreseeable future.
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