Aston Martin could enter F1 as a rebranding of Racing Point
This could be interesting...
There are rumours and some have reported on it - Aston Martin could enter F1. Now, there are a few business technicalities and provisions, let me break it down for you as much as I can.
Lawrence Stroll is leading a consortium of owners that own Racing Point F1 team. As we know he is the father of F1 driver Lance Stroll. Lawrence Stroll is an investor and has earned his money investing in companies in the fashion industry.
Now, let me bring you to the financial situation of James Bond's go to car company - Aston Martin. In the past year they have had a IPO (initial public offering) of shares for people to invest in the company. The share prices started at £19 and dropped to £5. Due to hard work, the share prices came up by 17% to £5.88 in the past year. They plan with the DBX to get the share prices up and in the long run to make a profit.
Now, how does Lawrence Stroll fit into this, he is an investor and likes cars. According to some reports and rumour mill he is plans to buy a large stake in the Aston Martin, large enough to get control of the company and then he could create an alliance, as he would own both the companies.
On one hand this could benefit Aston with having some F1 tech that they could put on roads like the Valkyrie with collaboration with F1 team Red Bull. On the other hand Aston is also in the middle of a title sponsorship contract with Red Bull. This could bring a few problems in sorting out the contracts and some other legal bits.
One part I am curious about very curious. Let's say Lawrence Stroll acquires Aston Martin and form an alliance with racing point, what livery would it have? Will it still sport the well accepted racing point pink and nick name of "pink panthers" with Aston Martin wings or would it be something else - a British Racing Green perhaps - that would be a good colour for an F1 team.