Thread: Team Aston Martin Racing in 2023. One of the cars still has Alonso.
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Old 31 Jan 2020, 13:02 (Ref:3954754)   #7
broadrun96
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Originally Posted by Mike Harte View Post
Before everyone gets too excited by this announcement, you should also read this article from today's BBC website that states that Stroll is leading a financial rescue plan for Aston Martin. https://www.bbc.co.uk/news/business-51323241.

I would imagine that the same story is covered by other financial websites.
There's been a few rounds of reporting about his groups trying to find the cash to buy out Aston but not much has come of it really. I would venture that this deal shows there's a bit more smoke now and there's something there.

Updated about 40 min ago and appears he has brought money and gets 20% stake in Aston, his consortium brings 182 million pounds and the remaining 318 raised from existing investors. Oh and he's now the chairman after all the ink is dried.
Last edited by broadrun96; 31 Jan 2020 at 13:11.
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