31/07/2025 12:30
The Aston Martin F1 team has been valued at a whopping £2.4 billion
($3.2 billion) following its latest stake sale. Earlier this year,
the Aston Martin company declared its intention to sell its shares
in its F1 team. A sale of the minority stake has now been agreed at
a figure of £110 million, but the buyer has not yet been confirmed.
According to Bloomberg , Aston Martin CEO Adrian Hallmark stated
that a binding letter of intent has been signed with the buyer at a
£2.4 billion valuation. The huge estimation further highlights the
growth F1 and its teams have undergone in recent years and the
continued demand to invest in the sport. F1 saw a spike in
popularity following the successful release of the 'Drive To
Survive' docu-series on Netflix. The Aston Martin F1 team is owned
by Lawrence Stroll, who took over the Silverstone-based squad
midway through 2018 when it was known as Racing Point. After taking
over the global Aston Martin company in early 2020, Stroll
transitioned the F1 team to carry the iconic British car
manufacturer's name. Although the company has sold its F1 stake,
the name of the team will remain unchanged through a long-term
commercial agreement in place. Aston Martin is currently enduring a
difficult F1 campaign but is hopeful about its chances for 2026
when new technical regulations will come into play. Next year's car
is being constructed by Adrian Newey, one of the most successful
car designers in the sport's history.
