German F1 star buys stake in Aston Martin
Four-time world champ confirms he's invested in the company which will employ him in 2021.
German F1 ace and four-time world champion, Sebastian Vettel, has acquired a stake in the company that will employ him from 2021, after confirming he had invested in Aston Martin.
While remaining tight-lipped about the scale of his investment, Vettel told respected motorsport publication Autosport, “I think everybody’s free to do what they want with their money. And, as I know, Aston Martin is a public company, and everyone is free to invest in the company.
“So if you’re asking whether I have shares in the company, I have, but how much, I think, it’s a secondary thing, and I won’t talk about it.”
Vettel of course, will leave Ferrari at the end of the 2020 F1 season to join the team currently known as Racing Point but which will be rebranded as Aston Martin in 2021.
The majority shareholder of both entities is Canadian magnate Lawrence Stroll, whose son Lance Stroll also drives for the team.
Mercedes-AMG F1 team boss Toto Wolff is also a high-profile investor in Aston Martin, which trades on the London Stock Exchange as Aston Martin Lagonda Global Holdings plc. Mercedes-AMG itself is said to own around a five per cent shareholding,
Mercedes-AMG is the current engine supplier to Racing Point as well as supplying power trains for Aston Martin’s range of road cars.
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