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Old 1 Apr 2020, 16:13 (Ref:3968049)   #4456
Mike E
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Production suspended, share price down 47% today. A pound a share!
Maybe Stroll will just take the whole thing private.
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Old 1 Apr 2020, 16:38 (Ref:3968054)   #4457
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Ouch, and on the day they voted and approved the Stroll investment plan. If he'd waited he could have bought the whole thing for a nickel and ride home
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Old 1 Apr 2020, 16:53 (Ref:3968059)   #4458
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I think if Stroll becomes majority owner, one, he'll take AM back to being a private limited company under UK law, and two, he'll demote or fire Palmer, or force him to resign. May even pay him to just go away like what VAG and Porsche did to Weiking in 2009.
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Old 1 Apr 2020, 21:03 (Ref:3968110)   #4459
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They have said they will go ahead with plans to change the F1 team name next season, which will be good for those who feel Racing Point isnít a good team name
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Old 1 Apr 2020, 21:15 (Ref:3968114)   #4460
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They have said they will go ahead with plans to change the F1 team name next season, which will be good for those who feel Racing Point isnít a good team name
True, though the share price was a lot higher when said. Things have to be critical for AML right now sadly.
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Old 24 May 2020, 18:50 (Ref:3978111)   #4461
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Just read that Andy Palmer has been forced to leave Aston Martin as CEO. They're looking at getting someone attached to Mercedes-AMG to take over.
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Old 24 May 2020, 20:31 (Ref:3978120)   #4462
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To be very honest i think AM will be very lucky to survive the current situation and if they do will there be enough customers out there for them to spend much on racing
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Old 25 May 2020, 20:09 (Ref:3978279)   #4463
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Yeah, it looks to me like circling the wagons and I wouldn't be surprised to see them try to buy back the company and take it private again. Don't know if that's possible with the UK rules but I could see the group owning it pushing for a more Ferrari style "lifestyle" company branding.
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Old 25 May 2020, 22:03 (Ref:3978300)   #4464
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Just read that Andy Palmer has been forced to leave Aston Martin as CEO. They're looking at getting someone attached to Mercedes-AMG to take over.
Racing-wise I expect the new guy to axe the FIA WEC GTE-Pro team.
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Old 26 May 2020, 03:03 (Ref:3978320)   #4465
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Racing-wise I expect the new guy to axe the FIA WEC GTE-Pro team.
On what basis?
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Old 26 May 2020, 03:41 (Ref:3978321)   #4466
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Racing-wise I expect the new guy to axe the FIA WEC GTE-Pro team.

Donít be too certain about that. Depends how much money the company is tipping in versus how much sponsors like Total cover. And then thereís the fact the GTE programme sells cars to customers in GTE AM (even if not many).
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Old 26 May 2020, 09:43 (Ref:3978355)   #4467
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I wouldn't be surprised either way if it decides to stay or go from the WEC. It may be decided that's an unnecessary side part or they may let some third party run it for them. Watch this space I say
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Old 26 May 2020, 11:49 (Ref:3978380)   #4468
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A change at the top might just give them a better chance at survive and/or thrive hopefully.
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