ASTON MARTIN F1 TEAM PREPARING FOR SIGNIFICANT INVESTMENTS!

It is claimed that the Aston Martin Formula 1 team is preparing to receive a significant new investment through two new shareholders.

The Aston Martin F1 team is anticipated to receive a substantial new investment through an investment firm and a venture capital fund, which will become its two new shareholders. The deal is expected to be approved soon.

According to Sky News, it is believed that HPS Investment Partners, a U.S.-based investment firm, and Accel, a venture capital fund, are set to invest hundreds of millions of pounds into the Silverstone team’s holding company. It is suggested that this transaction will increase the F1 team’s value to between £1.5 billion and £2 billion. The holding company’s share price has halved over the past 12 months.

HPS Investment Partners manages around $115 billion in assets and is expected to be listed on the New York Stock Exchange with a valuation of over $10 billion.

Accel has invested in companies such as Deliveroo, Spotify, and Monzo. The company is also known for being an early investor in Facebook and has partnered with Crowdstrike, a sponsor of the Mercedes F1 team.

Aston Martin F1 team’s majority owner, Lawrence Stroll, sold a small stake last year to Arctos Partners, a private equity investor specializing in sports. According to the report, with this new sale, the two firms could acquire 20% to 25% of Aston Martin F1 team’s parent company.

Aston Martin joined the F1 grid in 2021 by taking over the team previously known as Racing Point. Stroll made a significant investment in the project with a state-of-the-art new factory featuring a wind tunnel that was opened and became operational earlier this week.

RacingNews365 also understands that the Silverstone-based team is expected to announce the arrival of renowned car designer Adrian Newey next week.