Adrian Newey, £30m deal at Aston Martin F1 and why he’s worth it September 9, 2024 With Aston Martin set to announce Adrian Newey’s arrival at the Formula 1 outfit, City A.M. asked paddock insiders whether he was worth his reported £30m package. When you think of glitz, glamour and extortionate amounts of cash in sport Formula 1 is never too far away. The travelling circus is a commercial juggernaut worth [...]
Aston Martin F1 set to sell large minority stake to US firm and Silicon Valley giant September 8, 2024 A deal to sell a large minority stake in Aston Martin could be announced soon in a move that could value the Formula 1 team at over £1.5bn. First reported by Mark Kleinman for Sky News, the deal is set to see Accel and HPS Investment Partners acquire between 20 and 25 per cent of [...]