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Aston Martin to Raise $162M - Including Some From F1 Stake Sale

  • Aston Martin plans to raise $162 million through funding from chair Lawrence Stroll and the sale of its stake in the F1 team.
  • The F1 stake sale will generate $95.5 million, while Stroll's investment vehicle will contribute an additional $67.8 million.
  • Despite the stake sale, Aston Martin's existing sponsorship deal with the F1 team will remain unaffected.
  • The company's stock traded up 13.7% on Monday after the announcement of the fundraising.

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