Several British sources, including tabloids, report the news of an important financial move by Luca di Montezemolo. The former president of Ferrari has decided to bet on Aston Martin, the team owned by Canadian magnate Lawrence Stroll.
“Montezemolo’s leap of faith”
Luca di Montezemolo’s investment, according to BusinessF1, amounts to four million dollars. The Italian businessman has placed his trust in Aston Martin, believing that the company can reach a valuation of 35 billion dollars, a figure currently held by Ferrari.
“Lawrence Stroll and Aston Martin: a success story”
Lawrence Stroll became part of Aston Martin back in 2020 when he led a consortium that purchased 16.7% of the company for 238 million dollars. Following this acquisition, the group led by Lance Stroll’s father became the majority owner of Aston Martin, with Lawrence Stroll being appointed executive chairman.
“The future rise of Aston Martin”
With Lawrence Stroll at the helm and Luca di Montezemolo’s investment, Aston Martin is well positioned for a successful future. The former Ferrari president’s investment represents a strong vote of confidence in the brand and its ability to reach – and perhaps surpass – Ferrari’s valuation.