Jets Owner Snaps Up Major Stake in Aston Martin F1

1 min read
Source: PlanetF1
Jets Owner Snaps Up Major Stake in Aston Martin F1
Photo: PlanetF1
TL;DR

NFL billionaire Robert Wood Johnson IV, owner of the New York Jets, has bought a significant minority stake in Aston Martin’s Formula 1 team as a private investor and will not assume day-to-day control. The move is aimed at expanding cross-sport opportunities and growing Aston Martin’s U.S. fanbase; the exact percentage isn’t disclosed, though sources speculate around 15%. The team remains under a multi-entity ownership led by Lawrence Stroll’s Yew Tree consortium, with a current estimated valuation near $3.5 billion after recent stake moves.

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