As a result of its precarious position, its share price has recently been running at a historic low, although there's no suggestion that its roster of owners – including executive chairman Lawrence Stroll, a multi-billionaire – would let the company fold.
Autocar sources suggest that there are two leading contenders for the funding. One is linked to a Saudi Arabian investment fund, with Stroll having strong links to the country via the Aston Martin Formula 1 team’s title sponsorship with oil giant Aramco; and the other is linked to an investment fund based on the west coast of the US.
While Aston Martin’s road car and motorsport businesses are separate entities, it's possible that the investment could cover both operations. A spokesman from the F1 team confirmed that its title sponsor held an option to invest in the team, saying: “Aramco has a contractual option to subscribe to 10% of the ordinary share capital of AMR GP.”
Sources haven't put a timeline on when talks could be concluded, beyond suggesting that there's significant pressure to complete them as soon as possible to safeguard Aston Martin's near-term outlook.Already this year it has replaced its CEO Tobias Moers with former Ferrari boss Amedeo Felisa after the German's tenure coincided with significant staff turnover within the senior leadership team.
The brand no longer holds any meaning with electrification on the way
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