The Aston Martin F1 team has announced that Robert Wood Johnson, former US Ambassador to the United Kingdom, has acquired a strategic minority stake in the company and will join the Board of Directors as Vice Chairman with immediate effect.

Johnson's proven track record and extensive experience investing in sports franchises, together with his considerable network of influential relationships, make him an ideal partner for Aston Martin. With business interests across both the NFL and the English Premier League, his involvement with the team will unlock valuable commercial synergies and opportunities for collaboration across the global sports landscape.

The investment further demonstrates the strong appeal and positive momentum of the team at a time of unprecedented growth for Formula One, particularly in the United States.

Johnson's focus will be to support the team's commercial growth, especially in the United States, but he will not undertake any day-to-day management duties. As Executive Chairman and Controlling Shareholder, Lawrence Stroll will continue to manage and control the Company.

"I am extremely happy to welcome Woody to the Aston Martin family," said Stroll. "His experience, passion and investment further strengthen our position as we enter the next phase of our competitive journey. His deep appreciation for our brand, combined with his commitment to innovation and commercial opportunity, makes him an ideal partner as we look to the future."

"During my time as U.S. Ambassador to the United Kingdom, I have developed a deep appreciation for Aston Martin's rich history, as well as Lawrence Stroll's strategic vision and entrepreneurial spirit," added Wood Johnson. "I am excited to partner with him and contribute to the continued development of the Team, with the ambition of building an organisation capable of competing at the very highest level of the sport.

"We also share a commitment to growing the fanbase in the United States and introducing even more fans to the excitement of Formula One."

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READERS COMMENTS

1. Posted by trackrecords, 4 hours ago

"Does Mr Johnson realise that, "As Executive Chairman and Controlling Shareholder, Lawrence Stroll will continue to manage and control the Company", for £40m, Stroll bought the total rights to the Aston Martin brand name forever, so is effectively Mr Aston Martin, and calls all the shots - hence Lance being a driver? Also, the wheels are falling-off the car company with plummeting share prices, so could actually go 'bust' and would stop being of relevance and kudos to attracting sponsors' bags of gold."

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Former US Ambassador buys into Aston Martin

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