Lates News

Aston Martin Lagonda has signed a binding letter of intent to sell a minority stake in its F1 team for an estimated value of around 2.4 billion pounds. This valuation represents a significant increase from previous transactions. In 2023, Canadian billionaire Lawrence Stroll sold a portion of the team's shares to Arctos Partners for 1 billion pounds, valuing the team at 10 billion pounds; subsequently, a financing round led by HPS Investment Partners and Accel raised the valuation to 18 billion pounds.