15
Jul
2022
Stroll attracts new Saudi Arabian investment to Aston Martin
Aston Martin Lagonda Holdings been hit over the past year by financial pressures, debt and a tumbling share price.
In May CEO Tobias Moers, who had been headhunted by Stroll from Mercedes, was replaced by former Ferrari boss Amedeo Felisa.
The company has now announced plans for new “equity financing and strategic investment” from Saudi’s Public Investment Fund.
PIF is the owner of Aston Martin Formula 1 team sponsor Aramco, and its diverse range of international…