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Aston Martin to sell quarter stake in F1 team, valuation hits $2.6bn

Aston Martin to sell quarter stake in F1 team, valuation hits $2.6bn
© Reuters
Aston Martin is poised to capitalise on its growing success in Formula 1 by selling up to 25 percent of the team.

Aston Martin is poised to capitalise on its growing success in Formula 1 by selling up to 25 percent of the team.

On Tuesday, F1 journalists will gather at Aston Martin's expanding Silverstone headquarters, where it's anticipated they will receive confirmation that Adrian Newey has signed on for the 2025 season and beyond.

This announcement is likely to coincide with the introduction of new part-owners, US-based investment groups HPS Investment Partners and Accel.

According to Sky News, citing sources, the two firms are "on the verge of investing hundreds of millions of pounds into the team's holding company."

The report indicates that following Lawrence Stroll's sale of a minority stake to Arctos Partners last year, these new deals will value Aston Martin's F1 team at an impressive $2.62 billion.

Additionally, London's Times and Auto Motor und Sport suggest that Newey is expected to be granted shares in the team as part of a lucrative five-year deal worth $30 million annually.

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