Phil H
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Aston Martin: F1 billionaire owner leads rescue deal
Racing Point F1 team co-owner Lawrence Stroll's consortium will inject emergency cash into the carmaker.
www.bbc.co.uk
PH
The car company that just won’t die!
They went bust in the 20s, 30s, 40s, 70s, 80s (three times), 90s, did they go bust under Ford or were they just sold on?
Racing point F1 team will be Aston Martin from 2021. They were always up for F1 with red bull but this will be a direction change. It may prove a boost to their narrow range.
The only concern is that they had their name with a team that have won races and potentially will this year to a team that well...doesn't...But who knows in 2021 as that when the big changes come in F1 so wouldn't like to say who will be winning then.
What about the supercar that’s probably stolen all the capital, it’s tied in with Red Bull, that’s going to look a bit silly now.
A Kuwaiti prince used to own AM when I went around the factory c. 7 years ago. An awesome place! In the admin offices they used to have an actual examples of every AM car model ever built since the 1960's. What a sight to see and what a great environment in which to work. Loved the place..... an iconic brand which deserves to survive and hopefully prosper.Sold on from Ford quite some time ago. They became an IPO early 2019 and their share price has steadily declined
The new 4x4 thing had a lot of hope of big sales riding behind it but global economy is a bit shaky so I guess Lance Strolls influence is very welcome
The first Valkyrie cars will be delivered this year. All presold and a huge waiting list. I was at an Aston Heritage thing on Tuesday and Christian Horner was there. He was very funny about it. Adrian Newey came to see him to hand in his notice because Ferrari had offered him just about everything and anything he wanted. The deal clincher was Ferrari offe4ing him the chance to design a road car, which has always been an ambition. To keep him, Horner put together the deal with Aston to design the Valkyrie and it’s matching the performance of last years F1 cars, apparently. It hasn’t been a drain of AML finances because it’s been funded through sales and the research budget of Red Bull Racing.Well I would imagine that car needs to come out this year and from what I hear it is......A bit like the link with Mercedes and McLaren and then the split.
Still has MX5 headlightsNew Vantage roadster finally revealed as well. Seems to work but I know lots don't like the face.
Still has MX5 headlights
It's these projects and the super rich willing to buy them that are supplying McLaren Automotive a lot of cash, Senna, P1, Speedtail etc. All pre-sold and all desirable in their own way.AM have far too many 'projects' however the hypercar series will bring the company into the black!