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The Guardian - UK
The Guardian - UK
Business
Alex Daniel

Aston Martin issues another profit warning and sells F1 naming rights for £50m

Fernando Alonso driving for the Aston Martin F1 team in the Monaco Grand Prix in 2025
Fernando Alonso driving for the Aston Martin F1 team in the Monaco Grand Prix in 2025. Photograph: Steven Tee/Getty Images

Aston Martin has warned that its losses will be worse than expected and sold its permanent naming rights to its Formula One team, as the struggling British carmaker battles to stabilise its finances.

The luxury carmaker, majority-owned by the Canadian billionaire Lawrence Stroll, said its earnings for 2025 would be worse than City forecasts, its fifth profit warning since September 2024.

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