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LONDON: Aston Martin is raising £575.8 million (US$660 million) in a rights issue as major investors including Saudi Arabia's sovereign wealth fund keep faith with the struggling luxury British carmaker.
LONDON : Aston Martin is raising 575.8 million pounds ($660 million) in a rights issue as major investors including Saudi Arabia's sovereign wealth fund keep faith with the struggling luxury British carmaker.
Formula 1 returns this weekend with the Belgian Grand Prix, as championship leader Max Verstappen looks to extend his advantage over the chasing pack.
Formula 1 returns this weekend with the Belgian Grand Prix, as championship leader Max Verstappen looks to extend his advantage over the chasing pack.
Formula 1's annual summer break is usually a time when teams and drivers fill vacant seats ahead of a new season. And with half of the ten teams confirming their 2023 line-ups, others are yet to fill one or both seats.
Sebastian Vettel’s retirement announcement came after Aston Martin ‘requested’ he make a decision before the summer break as the team had already been in talks with Fernando Alonso for a ‘few weeks’.
The Formula One summer break is well underway, with the craziness of the driver market already kicking off thanks to a duo with six world championships between them, Fernando Alonso and Sebastian Vettel.
Spanish Formula One driver Fernando Alonso will leave the Alpine team to join Aston Martin on a multi-year contract in 2023, the British team announced in a press release on Monday.