• Loading stock data...
Saturday, July 5, 2025

Aston Martin Building $200M+ Formula 1 Facility

  • Aston Martin broke ground on a manufacturing and racing facility expected to cost north of $200 million and open 2022 or 2023.
  • The campus will house all of the racing team’s manufacturing processes.
Aston Martin Formula One/Design: Alex Brooks

Aston Martin returned to Formula 1 this season after a 61-year absence, and it’s investing hundreds of millions to gain a competitive edge.

With the backing of billionaire owner Lawrence Stroll, the team is building a new manufacturing and racing facility in Silverstone, England.

Billed as F1’s first “smart” facility, the complex is slated to finish late next year or early 2023 and will cost between $207 million and $276 million.

  • The 400,000-square-foot campus will house Aston Martin’s entire manufacturing system.
  • It will include a wind tunnel and an F1 simulator.
  • The company is partnering with Cognizant, NetApp, and Sentinel One to install software and monitoring systems throughout the facility.
  • Stroll is targeting a team valuation of $1.38 billion in the next five years. 

Stroll became executive chairman after leading a $235.6 million investment in April 2020. The company posted losses each year from 2018 to 2020 but had a positive EBITDA of $28.1 million in Q2 2021. 

On the consumer front, Aston Martin plans to make 90% of its vehicles electric or hybrid by 2030. The European Commission has proposed a rule banning new combustion engine cars in Europe starting in 2035. 

Stroll discussed investing in Formula E teams Venturi and DS Techeetah last year.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Mar 30, 2025; Austin, TX, USA; The team of Alex Marquez (73) of Spain and BK8 Gresini Racing MotoGP celebrate as he comes in second place in the 2025 Grand Prix of the Americas at Circuit of The Americas.

European Watchdog Clears Liberty Media’s $5B MotoGP Buy

Liberty Media now owns both the motorcycle racing league and F1.
Mark Walter

Mark Walter Just Bought the Lakers at a $10B Valuation. Who Is..

Walter’s Lakers buy is easily the biggest franchise sale ever.

Verstappen Nears F1 Suspension After ‘Mario Kart’–Style Mayhem

The Red Bull driver received penalty points in Sunday’s race.

Featured Today

Baseball’s Celebrity Row: Behind MLB’s First-Pitch Ritual

Often planned, sometimes spontaneous, the ritual throw is baseball’s celebrity row.
July 4, 2025

3,000 Hot Dogs, $20K in Prizes: Behind the Nathan’s Eating Contest

Nathan’s serves up thousands of hot dogs and $20,000 in prize money.
July 3, 2025

Geoffrey Esper Can’t Catch a Break at Nathan’s Hot Dog Eating Contest

“Hot dogs is not one of my favorite competitions of the year.”
June 29, 2025

The Battle Over Wimbledon’s Ambitious Expansion Plan

A classic NIMBY standoff on one of the most hallowed grounds in sports.

Commanders’ $3.8B Stadium Deal in Jeopardy? Mayor Sounds the Alarm

Political tensions rise about delays in stadium funding approval.
June 26, 2025

Bengals Strike 10-Year, $470M Stadium Deal to Stay in Cincinnati

The NFL franchise and Hamilton County have agreed to a new lease.
July 1, 2025

$600M for Browns Stadium Sparks Cleveland Backlash, Possible Lawsuit

The awarding of public funds draws criticism and could bring a lawsuit.
Sponsored

Hottest Matchups Following NFL Schedule Release

The NFL released the 2025 regular-season schedule, and anticipation is already building in the ticket marketplace with four months to go.
June 26, 2025

Browns $2.4B Stadium Plan Now Relies on Ohioans’ Forgotten Money

Ohio’s Modell Law is revised, while stadium funding faces new challenges.
June 25, 2025

MLB’s Bold Bristol Plan: Inside the Renovation and Potential Records

Work accelerates to convert the massive motorsports venue for baseball.
June 24, 2025

Diamondbacks Score Up to $500M for Chase Field Renovation

Concerns about another potential team relocation in Arizona influence the vote.
June 23, 2025

A’s Launch $1.75B Ballpark Build With Funding Puzzle Still Unsolved

Ground is broken in Las Vegas, but funding issues, Sacramento woes persist.