Why F1 is vital to Aston Martin's rejuvenation
Racing Point's planned rebirth as Aston Martin is still on, regardless of the ongoing chaos wrought by the coronavirus pandemic. In fact, as STUART CODLING explains, team owner Lawrence Stroll has taken advantage of plunging stock markets to drive a better deal - and Formula 1 is key to his plan...
Sixty years and several changes of ownership ago, Aston Martin dabbled its toes in Formula 1... and quickly withdrew them. And yet now its latest man at the helm is determined to bring Aston Martin back - not with a technology partnership or engine-badging deal, but as a manufacturer in its own right.
It helps that this individual is Lawrence Stroll, an incredibly successful entrepreneur who also happens to be head of the consortium which owns the Racing Point F1 team. And Stroll has confirmed that the team will be rebranded as Aston Martin from 2021 onwards, even though the factory has been in shutdown - apart from its involvement in the 'Project Pitlane' ventilator scheme - for the past two months.
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