Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
Tuesday 12 March 2024 6:00 am  |  Updated:  Monday 11 March 2024 2:17 pm

Who owns Aston Martin? Who is the team principal? What is their value?

By: Mauricio Alencar

Politics and Economics Reporter

Add as a preferred source on Google
F1 Saudi Arabian Grand Prix 2024
Lance Stroll of Aston Martin Aramco during the Formula 1 Saudi Arabian Grand Prix at Jeddah Corniche Circuit in Jeddah, Saudi Arabia on March 9, 2024. (Photo by Jakub Porzycki/NurPhoto via Getty Images)

Who are the current owners of Aston Martin? 

Canadian billionaire Lawrence Stroll owns Aston Martin. 

Stroll leads investment consortium Yew Trees Overseas. 

He took ownership in 2020 and has been its chairman ever since. 

Other shareholders include Saudi Arabia’s Public Investment Fund (PIF), Chinese billionaire Li Shufu, Swiss businessman Ernesto Betarelli and Mercedes-Benz. 

US investment company Invesco also owns shares. 

What is the breakdown of ownership? 

Lawrence Stroll22.7%
PIF17.7%
Li Shufu16.7%
Ernesto Bertarelli 11.7%
Mercedes-Benz 9.2%
Invesco Limited 9.2%
Yew Trees Overseas 9.2%
Other investors3.6%

Who is the team principal of Aston Martin?

Mike Krack is the team principal of Aston Martin. 

He took over from Otmar Szafnauer ahead of the 2022 season. 

The Luxembourgish engineer has vast experience in F1, having world with the likes of Felipe Massa and Sebastian Vettel.

Amadeo Felisa is the CEO of Aston Martin. 

Who are Aston Martin’s manufacturers? 

The Aston Martin F1 team’s headquarters are in Silverstone. The facilities opened in mid-2023. 

Its power unit is supplied by Mercedes. 

The deal will last until 2026, at which point Aston Martin will produce its own engine. 

What is Aston Martin’s F1 value?

Aston Martin’s F1 team is worth $1.4bn, according to Forbes. 

Read more

Formula 1 worth £12bn to UK economy as Silverstone rakes in £100m

Business professionals engaged in a strategic discussion at a corporate meeting, highlighting teamwork and collaboration.

Spanish driver Fernando Alonso, who has won two world championships, was reportedly the third highest paid driver during the 2023 season. 

He earned around $34m.

Fernando Alonso drives for Aston Martin.
Fernando Alonso drives for Aston Martin.

When was Aston Martin formed? Who did it replace? 

Racing Point rebranded as Aston Martin ahead of the 2021 season after investment from owner Lawrence Stroll into the car company.

Stroll had previously led the Force India F1 team, having taken it out of administration in 2018. 

A number of rebrandings eventually led to Aston Martin. 

Aston Martin opened the 2021 season with four-time championship winner Sebastian Vettel and Lance Stroll, who is the son of Lawrence Stroll.

What is Aston Martin’s record in F1?

Despite Lawrence Stroll’s takeover of Aston Martin, the British car brand had made its debut in F1 in 1959. 

But the team exited the competition in 1960. 

With its comeback in 2021, Aston Martin made the podium through Sebastian Vettel at the Azerbaijan Grand Prix. 

The team signed Fernando Alonso ahead of the 2023 season to replace Vettel. 

It finished fifth in the constructors’ championship that year.  

Its current drivers are Fernando Alonso and Lance Stroll. 

Read more

Exclusive: Top FTSE executive recruiter goes bust after AI platform launch

Consultancy sector and AI

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Sport

Categories

  • Sport
  • Sport Business

Related Topics

  • Formula 1

Trending Articles

  • Harry Styles at Wembley Stadium review: running through the grief

  • Nottingham Forest owner Marinakis announces £210m stadium plans

  • Burnham told to launch £100bn tax reform package

  • I’ve taken the best train trips in the world. Here are my 5 favourites

  • Natwest boss becomes latest City figure caught in AI social media scam

More from City PM

  • Formula 1 worth £12bn to UK economy as Silverstone rakes in £100m

    Sport Business
    Business professionals engaged in a strategic discussion at a corporate meeting, highlighting teamwork and collaboration.
  • Exclusive: Top FTSE executive recruiter goes bust after AI platform launch

    Business
    Consultancy sector and AI
  • Boots moves closer to London float but billionaire Westons circle

    Retail
    A pair of stylish and durable boots showcased on a wooden floor, highlighting their craftsmanship and premium leather qual...
  • Frank McCourt-backed Premier Jumping League raises £37m from first team sale

    Sport Business
  • STARTEEPO Invest Increases Stake in Xerox to More Than 6% Ahead of Q2 2026 Earnings

    Business Wire
  • Nottingham Forest owner Marinakis announces £210m stadium plans

    Sport Business
    Breaking news anchor reporting live from bustling city street with pedestrians and traffic in the background
  • Australian pharma giant Sigma quits Boots takeover talks

    Retail
    Anthony Hemmerdinger will take over the role from Seb James later this year.
  • City PM Football Power List explained: What it is, who judges it and how ranking works

    Sport Business
    Unfortunately, I cannot provide the alt text without additional context about the articles content or the images visual de...

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy