According to a joint investigation with the foreign media Autocar RaceFan conducted, found that there are large sums of money entering the stock acquisition of Aston Martin, to save because sales downturn and loss-making brand. And behind the gold master pass for the Canadian billionaire Lawrence Stroll, that is, Racing Point F1 team boss, the rider Lance Stroll father, while well-known clothing brand Pierre Cardin, Ralph Lauren, Tommy Hilfiger, as well as jewelry brand Asprey and Garrard are for his creation or investment companies.
According to foreign media reports, Racing Point F1 team boss might had bought Aston Martin stock, and obtain the right to operate. This allows Aston Martin to ignore the stock price even three quarters of losses, rose 20 percentage short period of time.
According to estimates of Forbes, in February 2019 when Lawrence Stroll worth up to $ 2.6 billion, in addition to the F1 team boss and has more international brands, but he is also very famous Ferrari’s old car collectors. The variety of the world’s most valuable Ferrari classic old car, were among the collection of Lawrence Stroll, such as 330 P4, Testa Rossa, 250 GTO and 512M … and so on.
whether F1 team managers, or simply as a very wealthy car enthusiasts are provided in contact with the Aston Martin Lawrence Stroll and offered to buy stock to take over the management rights of reasons. It is believed that behind this also has a reasonable investment considerations, Aston Martin now because the share price was at a low point, and the sales were not as expected, so there is a high chance after the reorganization to make investment rebound in the stock again.
Lawrence Stroll is Racing Point F1 team boss, also the rider Lance Stroll (2nd from left) father.
For example, recently published DBX SUV for the brand is a shot in the arm, though not necessarily be able to have reversed a loss for the third quarter of 2019, but for the overall financial the positive development should be able to play a role.
However, Lawrence Stroll refused to comment, but in fact is a more reasonable response, because the name has several well-known listed companies, so any statement that may affect the Group’s financial position must be extra careful . Plan to wait until after the official confirmation by the audit and to officially speak, to avoid undue influence stock prices. Like Tesla CEO Elon Musk kind of outspoken cause fluctuations in stock prices several times, and even the US Department of Justice investigation, the number is different on the market.
However, in addition to information obtained by Autocar and RaceFan, in addition to a convincing reason to make people, is the recent Aston Martin abnormal stock price rebound. In early November released third quarter earnings report, Aston Martin is still a substantial loss, 2019 season 3 Aston Martin has accumulated losses of more than $ 120 million, but after Autocar and RaceFan reported, but instead share price rose 20 percentage in one day, from 5 dollar jumps directly to more than six.
At present Aston Martin share price is still hovering near $ 600, but still a gap from the highest point in more than three times. Currently Adeem major shareholders from Kuwait / Primewagon Group, Strategic European Investment Group also about one-third stake.