Aston Martin chairman Lawrence Stroll responded to a question from Bank of America on a conference call with some of the brand’s investors as follows: “Have we been approached by Audi? Yes. Are we very happy with our collaboration with Mercedes? Yes. The world of Formula 1 is full of these stories.”
Stroll and his new leadership team will have to think very carefully about their prospects of success in the future, as the British automaker says it intends to start developing its own powertrains for electric road cars but has access to Mercedes-AMG’s new platform for next year . In addition, Mercedes has a stunning track record in F1, so losing access to its power units may be a backward move.
That being said, Aston Martin’s financial woes over the past few years have been well documented and its recent earnings report showed that it is close to £1 billion (around $1.2 billion at the time of writing) in debt.
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https://formulaone.news/aston-martin/winners-and-losers-from-f1s-australian-grand-prix
