Breaking news: billionaire Stroll takes major stake in Aston Martin
A consortium led by billionaire Lawrence Stroll has bought a 16.7% stake in Aston Martin for £182 million.
The deal, confirmed this morning by a filing with the London Stock Exchange and exclusively revealed by Autocar last year, also includes a £318 million cash infusion through a new rights issue, giving the British car maker a £500 million boost.
Stroll also owns the Racing Point F1 team, which under the terms of the new deal will be rebranded as the Aston Martin F1 works team from 2021 onwards.
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