From what emerged from the English magazine RaceFans announcement is that Lawrence Stroll, the Canadian billionaire and the current owner of Racing Point F1 team, is going to buy the major part of the English car maker.
In fact it seems that Stroll would like to buy the majority shares of Aston Martin, renaming the team from Racing Point to Aston Martin and he is gaining advantage because the automobile manufacturer had formerly experienced a drop in the value of the shares in 2019.
Last year, Stroll managed to save the Force India team, an Indian one, from the failure buying it and changing the name into Racing Point, which uses the engines produced by Mercedes.
But today he has another objective. He wants to reach the highest position in Formula 1 also trying to gain advantage thanks to the change of regulation of 2021 which wants to reduce the gap between the teams.
He intends to transform the car which will turn to green and it would be pushed by the Mercedes engines with which Stroll already has a long-term agreement for the provision of the power units.
This will also be an important occasion for his son, Lance Stroll, who is one of the two current drivers of Racing Point team, to ensure a future in Formula 1.
However, in doing so, the Canadian billionaire could get the Red Bull Racing in trouble, as the English brand is the official sponsor of this F1 team.
It is also important that the Aston Martin share price rose almost 20% on Thursday as the breaking new that Lawrence Stroll is buying the car maker.
We are going to follow the newest updates, but we already know that either of them gave an interview talking about the agreement that is going on.