{"id":45589,"date":"2025-03-31T20:24:30","date_gmt":"2025-03-31T17:24:30","guid":{"rendered":"https:\/\/sudanevents.com\/?p=45589"},"modified":"2025-03-31T20:24:30","modified_gmt":"2025-03-31T17:24:30","slug":"aston-martin-gets-further-68-million-funding-to-sell-stake-in-f1-team","status":"publish","type":"post","link":"https:\/\/sudanevents.com\/index.php\/2025\/03\/31\/aston-martin-gets-further-68-million-funding-to-sell-stake-in-f1-team\/","title":{"rendered":"Aston Martin Gets Further $68 Million Funding, to Sell Stake in F1 Team"},"content":{"rendered":"<p>Aston Martin said on Monday Chairman Lawrence Stroll&#8217;s Yew Tree Consortium would invest a further 52.5 million pounds ($67.98 million) in the luxury carmaker and increase its stake to about 33%.<\/p>\n<p>The fresh funding comes a month after the carmaker said it would cut 5% of its workforce as its losses and debt ballooned, and just four months after it last raised capital.<\/p>\n<p>The company added it would sell its minority stake in the Aston Martin Aramco Formula One team, and expects to realize a premium to the current book value of about 74 million pounds.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aston Martin said on Monday Chairman Lawrence Stroll&#8217;s Yew Tree Consortium would invest a further 52.5 million pounds ($67.98 million) in the luxury carmaker and increase its stake to about 33%. The fresh funding comes a month after the carmaker said it would cut 5% of its workforce as its losses and debt ballooned, and &hellip;<\/p>\n","protected":false},"author":2,"featured_media":45582,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[],"class_list":["post-45589","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sport"],"_links":{"self":[{"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/posts\/45589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/comments?post=45589"}],"version-history":[{"count":1,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/posts\/45589\/revisions"}],"predecessor-version":[{"id":45590,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/posts\/45589\/revisions\/45590"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/media\/45582"}],"wp:attachment":[{"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/media?parent=45589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/categories?post=45589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/tags?post=45589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}