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International Business Times UK
International Business Times UK
Teddy Cambosa

Yew Tree Backs Aston Martin With £52.5 Million as Carmaker Plans Formula 1 Stake Sale

British luxury carmaker Aston Martin is preparing to sell its stake in the Aston Martin Aramco Formula 1 team as part of a wider strategy to stabilise its financial footing. The move follows an announcement that the Yew Tree Consortium, led by executive chairman Lawrence Stroll, will inject £52.5 million into the company, further increasing its ownership stake.

While the consortium said the transaction would enhance Aston Martin's liquidity by over £125 million, the announcement arrives amid mounting losses and growing pressure from potential US tariffs on imported automotive brands—posing additional threats to one of the UK's most iconic motoring names.

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