this post was submitted on 31 Mar 2025
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Aston Martin has insisted it has an "unwavering and long-term commitment" to F1 amid news that the company intends to sell its minority stake in the team.

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[โ€“] SW42@lemmy.world 6 points 2 weeks ago (1 children)

Uh oh, Mr Strulovitchโ€™s Seat will be in jeopardy if true :))

[โ€“] smeg@feddit.uk 6 points 2 weeks ago (1 children)

Aston Martin Executive Chairman Lawrence Stroll will thus increase his shareholding in AML up to 33 per cent

Not so sure about that!

[โ€“] smeg@feddit.uk 2 points 2 weeks ago (1 children)

Though actually rereading this I'm not completely sure what this means. Is Daddy Stroll putting more cash in the company that's selling, or owning more of the F1 team?

[โ€“] TwanHE@lemmy.world 2 points 2 weeks ago

He now owns more of the F1 team I'm pretty sure.