After all the trouble with low stock prices Aston seems to have some new plans:
News reports indicate Aston Martin will have a Formula 1 team in 2021.
Lance Stroll will allocate funds.
Fake news or solid information?
Quite possible but a stupid idea. Aston is in trouble for the 8th time because it ran out of money. How does spending multi millions on F1 help that issue. When it was sold on the market the previous venture capitalists had loaded it up with hge debts and not a penny from the float went to pay any debts off.
When it floated on the market I said that it would go bust again. It was obvious that it had little to no chance of financial viability. In comparison my Ferrari shares are up 20% in the same time scale.
