Aston Martin will raise more than GBP74m through funding from its chairman and the sale of its stake in the Formula One team he owns, as the luxury carmaker tackles rising losses.
Go deeper with GlobalData
Lawrence Stroll’s Yew Tree Consortium is also planning to invest a further GBP52.5 million into the UK-based luxury carmaker to grow its shareholding.
Aston Martin has required repeated capital injections in recent years and is now undergoing a turnaround strategy led by Chief Executive Officer Adrian Hallmark, a former Bentley boss. Aston Martin recently cut its 2025 profit goal and said it would be cutting staff this year.
Lawrence Stroll, executive chairman Aston Martin on behalf of the Yew Tree Consortium, said: “I am pleased to clearly demonstrate my unwavering support and commitment to Aston Martin. Since 2020, my Yew Tree Consortium partners and I have invested around £600m into the company. This proposed investment further underscores my conviction in this extraordinary brand, and commitment to ensuring Aston Martin has the strongest possible platform for creating long-term value while reducing equity dilution via this premium subscription, which should greatly reassure shareholders, as I again increase my long-term ownership in the company.
“Today’s proposed investment, priced at a premium to the market price, and the forthcoming proposed sale of the Aston Martin F1 Team shares owned by Aston Martin at a premium to book value, is expected to generate significant additional liquidity for the group, of over £125m.”
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataHe added in his statement that he is highly confident about the company’s medium-term prospects having “re-positioned the company as one of the most desirable ultra-luxury high performance automotive brands. The coming years will be pivotal in realising our vision and ambition”.
