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Aston's share price is a sight to behold. It has almost entirely regressed to being worthless.lio007 wrote: ↑28 Dec 2022, 17:05I wonder if / when the financial situation of Aston Martin will affect the F1 team
https://www.carexpert.com.au/car-news/a ... ely-report
Stock price is how the company is perceived as doing. There are companies that are doing well but lack customer confidence and have low stock evaluations. The opposite is also true (Tesla comes to mind, they had a really high stock price but for a longest time just lost money hand over fist). I'm not saying that is true about AM. This article is more about Geely trying to perform a hostile takeover and Stroll trying to prevent that. The low stock price just makes that easier for Geely. AMR is a completely separate entity to AM auto company. They are just both controlled by Stroll.AR3-GP wrote: ↑28 Dec 2022, 21:50Aston's share price is a sight to behold. It has almost entirely regressed to being worthless.lio007 wrote: ↑28 Dec 2022, 17:05I wonder if / when the financial situation of Aston Martin will affect the F1 team
https://www.carexpert.com.au/car-news/a ... ely-report
... again a low stock price doesn't mean anything. Especially in this global situation (high inflation, Ukraine war and the fuel fallout.).
UPDATE: Altair has been re-added to the list of Official Suppliers on the Aston Martin F1 Team website.
Citi Bank has joined Aston Martin F1's partner portfolio for 2023. The banking brand has been closely associated with Fernando Alonso since 2017.
#AstonMartin #F1 @Citi
https://theobjective.com/deportes/2023- ... in-agenda/One of his first requests to the team has been to have from the beginning not the three engines assigned per car, in a regulated manner, but four. The so-called 'pool race', a kind of virtual shelf where the three planned propellants are placed, is limited by regulations to this trio of units. Until 2018, Formula 1 allowed the use of up to five engines per car per season, but since that year they have been limited to three. The final idea is none other than to put an end to the waste of the most expensive piece of the anatomy of single-seaters. In the event that the three assigned break, lose effectiveness or reach the limit of their useful life, you can always mount one more. The problem is that the drivers who uses an extra, will lose between five and fifteen places on the grid according to the number of parts that he replaces, achieving the position he achieves in the qualifying round on Saturday. The Asturian has already taken stock, and knows that it will be very difficult to run the entire season with only three engines. In his personal strategy, he wants to have at least those four engines from the start, and take the sanctions when strategically it suits him best.
Both in Mercedes and in Aston Martin they have raised a sharp initial refusal, the former because they have their full production schedule and this disrupts their plans. They plan not to start taking penalties from their clientele – Mercedes itself, Aston Martin, McLaren and Williams – until well into the calendar, and the idea is bad for them. On the other hand, Aston Martin would have to pay the cost of one of these engines earlier than calculated, which if it would be justified in the event of a break in the mid-final part of the season, this initial surcharge would disrupt the distribution of the budget and its limitations.
