Cookie policy Accept & close Home News & BlogRacing Point F1 Owner Stroll Buys Stake in Aston Martin Racing Point F1 Owner Stroll Buys Stake in Aston Martin 31 Jan 2020 Canadian billionaire and Racing Point F1 owner Lawrence Stroll has led a consortium in buying a 16.7% stake in luxury automotive manufacturer Aston Martin, investing £182 million. Overall Aston Martin has secured £500 million of new funding through investment from the consortium, plus the issuing fresh shares, boosting the future plans of the iconic British brand. The deal will see Lawrence Stroll take over as Executive Chairman of Aston Martin, and the Racing Point F1 team will be rebranded as the Aston Martin F1 works team from 2021. Dr Andy Palmer will remain as CEO of Aston Martin. There had also been interest in investment from Chinese car maker Geely, but Stroll’s consortium was announced as making the significant new investment at a board meeting last night. The news does not change Aston Martin’s commitment to releasing the world-beating Valkyrie hypercar this year, nor its exciting mid-engined strategy starting with the Valhalla after that. Image: Aston Martin Reference: AutoCar (2020) “Billionaire Stroll takes major stake in Aston Martin” (https://www.autocar.co.uk/car-news/industry/billionaire-stroll-takes-major-stake-aston-martin) 31/1/2020 Looking For Your Next Opportunity in Automotive? Millbank’s Automotive team are always looking for talented individuals to work for our well-established clients within Automotive. If you are looking for your next role within the Automotive sector, register your CV on the Millbank website, or apply to our Automotive jobs below. Jobs ← Previous 1 (current) 2 3 4 5 6 7 … 15 Next → Showroom Host-Receptionist Ref BH4799-SK Sector Automotive Location Milton Keynes Salary/Rate Dependent on Experience Job Type Contract View Details Lead Engineer, Problem Solving Ref BH4816-SK Sector Automotive Location West Midlands Salary/Rate Dependent on Experience Job Type Permanent View Details Head of HV Systems Design Ref BH4808-SK Sector Automotive Location West Midlands Salary/Rate Dependent on Experience Job Type Permanent View Details HV Systems Design Expert Ref BH4807-SK Sector Automotive Location West Midlands Salary/Rate Dependent on Experience Job Type Permanent View Details Vehicle Inspector Ref BH4797-SK Sector Automotive Location South Wales Salary/Rate Dependent on Experience Job Type Contract View Details Paint Sprayer Ref BH4167-SK Sector Automotive Location South Wales Salary/Rate Dependent on Experience Job Type Permanent View Details ← Previous 1 (current) 2 3 4 5 6 7 … 15 Next → Back to blog .footer-logo-a{fill:#86786f;}.footer-logo-b{fill:#ffa400;} Millbank Holdings Limited Millbank House, Northway, Runcorn, Cheshire, WA7 2SX Telephone: 01928 751000 Email: staffing@millbank.com Sitemap Candidates Clients About Us Our Expertise Contact Us Policy Documents Privacy Policy Terms & Conditions Privacy & Cookies Anti-Slavery Statement Social Media Accreditations .search-icon-a{fill:#fff} Job Search .hire-icon-a{fill:#fff;}.hire-icon-b{fill:#ffa400;} Looking to hire? .cv-icon-a{fill:#ffa400;}.cv-icon-b{fill:#383533;} CV Upload .my-account-a{fill:#383533;} Login | Register 0 .mini-basket-a,.mini-basket-b{fill:none;stroke:#383533;stroke-miterlimit:10;stroke-width:2px;}.mini-basket-b{stroke-linecap:round;}.mini-basket-c{fill:#ffa400;} Job Basket