Betaville

Formula One champion Vettel said to eye stake in Aston Martin, reports suggest

For many fund managers Aston Martin is the stuff of nightmares: a stock that floated in 2018 at £19.00 and now trade at just below 60p.

That's a shocking amount of "value destruction".

But there has been a frisson of excitement around the share since Canadian billionaire wheeler dealer Lawrence Stroll put together a consortium of other racing affionados (Toto Wolff) and other multi-millionaires (Swiss-Italian Ernesto Bertarelli) to refinance the iconic marque...

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Billionaire Bertarelli and Toto Wolff buy stakes in Aston Martin...

Aston Martin has been a dog of stock since its flotation eighteen months ago but that hasn't stopped billionaires quietly accumulating stakes in the business.

The latest to gobble up the shares in the luxry marque are Swiss-Italian billionaire Ernesto Bertarelli and Totto Wolff, the Austrian investor, former racing driver and 30pc shareholder in the Mercedes Formula One team. Below are the links:..

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