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Filip Cleeren

US billionaire Woody Johnson acquires minor Aston Martin F1 stake

Woody Aston Martin Aston United States Donald Trump Lawrence Stroll New York Jets Team United Kingdom

Aston Martin has sold a minority stake in its Formula 1 team to US billionaire Robert Wood Johnson, who joins the board of directors as vice chairman.

Johnson, an heir of the Johnson & Johnson pharmaceutical empire, also owns the New York Jets NFL team and acquired a major stake in Premier League football team Crystal Palace last year.

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