In the spring it was announced that Lawrence Stroll was in negotiations with potential investors about selling part of his shares in the Aston Martin team, and we talked about that.
Today, British television channel Sky News announced some details of the upcoming deal: two major US investment funds, HPS Investment Partners and Accel, are close to an agreement with Stroll and are prepared to invest $1.5 to $2 billion in the team’s securities.
The deal is reportedly expected to be confirmed in the near future.
It is also reported that HPS has agreed to refinance Aston Martin F1’s debts related to the construction of a new base at Silverstone. A source close to the team claims that the share of the team being offered to American investors is between 20 and 25%.
Of course, the authors of the news on Sky News did not ignore the fact that Aston Martin F1 is preparing to announce a contract with Adrian Newey, the legendary race designer who, from March next year, will be responsible for the development of the cars of the British team, which is in 5th place in the constructors’ championship this season.
Neither Aston Martin nor the US investment funds responded to the broadcaster’s request for comment on the pending deal.
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.
