Aston Martin has taken on the controversial Saudi Arabian Public Investment Fund [PIF] as its second major shareholder as the car manufacturer bids to bolster its floundering... read more »
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Aston Martin Lagonda Holdings been hit over the past year by financial pressures, debt and a tumbling share price.In May CEO Tobias Moers, who had been headhunted by Stroll... read more »
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Lando Norris agrees that investment in young drivers could drop if a salary cap is introduced in Formula 1. read more »
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Under the budget cap, all teams have had to prioritise the areas of development that pay the biggest dividends.Traditionally, front wings and endplates have been a main focus... read more »
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Formula 1 is making a major investment in the upcoming Las Vegas Grand Prix, which is set to join the calendar in 2023. The sport recently announced it would race on the famous... read more »
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Everyone has been obliged to learn quickly about their new cars, with data from the track fed back to factory, and assessed alongside the numbers from the windtunnel and... read more »
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According to an exclusive report on Sky on Thursday, the seven-time champion has joined tennis superstar Serena Williams in committing major investment funds to a consortium... read more »
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New regs, 200 new staff members, a new factory on the way, heavy investment - anyone would feel daunted taking over Aston Martin. read more »
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In August 2020 the Williams family sold its majority stake to the US investment firm Dorilton Capital following years of decline, finishing at the bottom of the... read more »
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Seven-time F1 Lewis Hamilton has been named as an investor in an on-demand grocery start-up business. read more »
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The Racing Force Group, which owns brands including Bell helmets, OMP, Zeronoise and Racing Spirit have filed an IPO (Initial Public Offering) on the stock exchange to help... read more »
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Seemingly almost from the time the Romans established London there has been talk of a Grand Prix on its streets, as a US investment firm is revealed to be behind the latest bid. read more »
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Williams Racing has confirmed a new partner with the arrival of Blackbird, an AI-driven Disinformation Intelligence Platform, as part of a new investment by Dorilton Ventures. read more »
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Confirming Nikita Mazepin for a second season, Guenther Steiner admits Haas would "not be here today" were it not for Uralkali's investment. read more »
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Aston Martin owner Lawrence Stroll is adamant he has no intention of staging a "retreat" from F1 given the considerable investment he is making in the team. read more »
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With the outfit having faced years of financial headaches to keep its head above the water amid the ever-increasing costs of F1, Williams came to rely on drivers with good... read more »
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McLaren Group has announced the sale of its Applied technology division to Greybull Capital as part of an increased investment push. read more »
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The McLaren Group has agreed to sell its technology division, McLaren Applied, to investment group Greybull Capital. McLaren has restructured its business in recent months,... read more »
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McLaren have confirmed that a deal has been struck to sell their Applied technology division to investment group Greybull. read more »
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McLaren Group are set for a £550m injection of capital, most of it via the sale of a stake in the company to the Saudi Public Investment Fund (PIF). read more »
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Zak Brown has explained a fresh £550million investment in the McLaren Group is for the automotive branch of the company which has now joined the Racing division in being... read more »
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McLaren has confirmed that numerous investors have injected a further £550m into the company. read more »
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The McLaren Group has raised £550 million in new investment which will help to support its automotive and racing divisions. The new investment comes from multiple sources, but... read more »
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Much of the new funding comes from Saudi Arabia's Public Investment Fund [PIF], with some coming from existing investors, including Bahrain's Mumtalakat.McLaren says... read more »
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McLaren confirmed in a statement on Sunday morning that the Swiss-born businessman died in Geneva surrounded by his family.While Ojjeh was most famously known in F1 circles for... read more »