Aston Martin’s Low Valuation Is No Laughing Matter

Aston Martin’s Low Valuation Is No Laughing Matter

Unless the British sportscar maker can become reliably profitable and cash generative, the stock will remain unloved.

British luxury car manufacturer Aston Martin is planning to sell its stake in the Formula 1 team, but this should not result in a change in the team's name.

Aston Martin to Offload Its F1 Team Stake

Aston Martin is selling its stake in the Aston Martin Formula One team to focus on revitalizing its core automotive business, while team owner Lawrence Stroll has doubled down on his commitment with a fresh round of investment. The decision comes as Aston Martin Lagonda seeks to offset mounting debts — reportedly exceeding $1 billion — and follows the recent elimination of 170 jobs. The company stated that the share sale aims to “realise a premi…

Aston Martin to offload F1 stake, chairman says current valuation ‘a joke’

Aston Martin is "severely undervalued" according to its chairman, who is keen to sell the company's stake in the F1 team that bears its name.

Cash-Strapped Aston Martin Sells Shares & F1 Racing Stake

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Aston Martin announces plans to sell-out of F1

The Aston Martin road car business is set to sell its stake in the F1 team that bears its name. The post Aston Martin announces plans to sell-out of F1 appeared first on Speedcafe.com.