Aston Martin F1 has announced an agreement with Arctos Partners, which has become the team’s new investor. It is a privately held company headquartered in Dallas, Texas, and has extensive experience investing in sports. The specialists will share their specialist knowledge with Aston Martin, and extensive business connections in the corporate world will contribute to the further development of the team.
Artcos Partners will become a minority shareholder in AMR Holdings GP Limited, the holding company that manages the team’s assets. The transaction is expected to close before the end of the year.
Lauren’s Walk, Executive President of Aston Martin F1 Team: “I am very happy. welcome Arctos Partners, a new partner and minority shareholder of the team. The company invests in a number of leading sports franchises and has in-depth knowledge in this area. I am pleased to see Aston Martin added to its prestigious investment portfolio.
The team has achieved impressive success this season, with eight podium finishes to its name – the number of points it has never achieved before, but we are aiming for even better results.”
Source: F1 News
I am Christopher Clyde, an experienced journalist and content writer with a passion for sports. I have been writing about Formula 1 news for the past five years and am currently employed as an author at athletistic.com, one of the top sports websites in the US.
