Announced
Financials
Tags
United Kingdom
racing team
formula racing
Recreational Services
Acquisition
Minority
Private
Private Equity
Completed
Friendly
Single Bidder
Cross Border
Synopsis
Arctos Partners, a private equity firm, completed an investment in the Aston Martin Formula One Team. Financial terms were not disclosed. "I am delighted to welcome Arctos Partners as a new partner and minority shareholder in the Aston Martin Aramco Cognizant Formula One Team. As investors in several leading sports franchises, Arctos brings deep industry knowledge, and I am thrilled that Aston Martin will be joining such a prestigious portfolio. Arctos see the potential and value of this project as we continue to build a world-class Formula One team. They share our vision for our ultra-luxury brand, and they are extremely passionate about the sport and its prospects," Lawrence Stroll, Aston Martin Formula One Chairman.
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