Adrian Newey’s departure from Red Bull Racing has sent shockwaves through the racing world, leading to speculation about his next move. With his proven track record of success, every team is eager to secure his services, and both Aston Martin and Mercedes are reportedly making strong offers to bring him on board.
After leaving Red Bull, Newey opened up about his past experiences, including how his first marriage ended when he joined an IndyCar team based in the United States. He expressed a desire not to repeat the same mistake and emphasized the importance of staying in his home country. Taking this into consideration, Aston Martin has reportedly offered Newey a luxurious contract in an effort to entice the former Red Bull engineer to join their team.
🚨Breaking News🚨
Aston Martin is offering Adrian Newey a contract worth 100 million + Alonso + working in the UK.
Aston Martin is constructing the most advanced Formula One factory in Silverstone. Everything is housed together: offices, wind tunnel, R&D, and the Racing Team.… pic.twitter.com/qHClSMKklN
— Marc | Formula 1 🏎 (@433_marc) April 28, 2024
Lawrence Stroll Considers Selling 25% Stake in Aston Martin F1 Team
Lawrence Stroll, the Canadian billionaire and owner of the Aston Martin Formula 1 team, is reportedly exploring the possibility of selling a minority stake in the team. Recent reports suggest that Stroll is willing to part with up to 25% of his interests in the motorsport sector, a move that could have significant implications for the team’s future.
Lawrence Stroll is now eyeing the growing popularity of Formula 1, particularly in the United States, fueled by the success of the Netflix series “Drive to Survive.” The sport’s exponential growth has attracted investors and driven up valuations.
According to Bloomberg UK, Stroll is in discussions to sell as much as 25% of the racing business. This move aligns with the trend of rising valuations in F1.
Interestingly, while the F1 team thrives, the main Aston Martin company faces challenges. Its stock has declined by about a third since the start of the year, prompting Stroll to explore alternative avenues.
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