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Stroll has sold a minority stake in the Aston Martin team to US private equity firm Arctos Partners.Aty wrote: ↑5 months agohttps://www.grandprix247.com/2023/11/16 ... to-arctos/STROLL SELLS ASTON MARTIN F1 TEAM SHARES TO ARCTOS
REUTERS 16 NOVEMBER, 2023 1 MIN READ
Aston Martin Formula 1 team reported it had agreed on an investment by United States private equity firm Arctos Partners in exchange for a minority shareholding.
Owner Lawrence Stroll has sold his stake in the team valued at one billion euros ($1.09 billion) to Arctos, a person with knowledge about the matter told Reuters.
The investment by Arctos, which has a stake in the Boston Red Sox and Liverpool Football Club owner Fenway Sports Group, values the F1 team at about £1 billion ($1.2 billion), according to a person familiar with the deal.....
https://www.bloomberg.com/news/articles ... #xj4y7vzkg
Nothing that changes anything structually or the running of the F1 team other than maybe Arctos might get a seat on the board depaending on the percentage of their minority holding. More what it has done is now officially given his team a billion dollar plus valuation due to the price paid for the shares..