Aston Martin F1 Spokesperson Rubbishes Reports of Team Sale Rumors

Published 02/01/2021, 5:00 AM EST
LE CASTELLET, FRANCE – Owner of Racing Point Lawrence Stroll and Otmar Szafnauer, Team Principal and Chief Executive Officer of Racing Point walks in the Paddock before final practice for the F1 Grand Prix of France at Circuit Paul Ricard in Le Castellet, France. (Photo by Charles Coates/Getty Images)


Racing Point have undergone a rebranding transformation to now become the Aston Martin Cognizant F1 team. With a new driver and lead sponsor to go along with it, the Silverstone-based outfit’s fans will certainly have massive expectations.

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However, a recent blog post by journalist Joe Saward had indicated that the team could be sold to China’s BYD Auto Company. According to that story, the reported deal was said to be valued at a total of £4.1 billion.

But considering recent remarks from an Aston Martin F1 spokesperson, it sounds like that might not be the case. In fact, owner Lawrence Stroll is himself apparently ‘very enthusiastic’ about the project.

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Lawrence Stroll believes in Aston Martin F1’s ‘long-term future success’

A report by RaceFans stated, “Stroll purchased the luxury car manufacturer last year and has rebranded his Formula 1 team, previously known as Racing Point, as Aston Martin this year.”

“He described a rumour claiming he might sell it to a Chinese consortium as “absolute bullshit and totally untrue”, according to an Aston Martin spokesperson, who added he “couldn’t be more excited about, and sincerely believes in, the team’s long-term future success.””

The 61-year-old Canadian businessman had previously bought out the stakes of the Force India team in 2018. The fans will now be curious to see how the return of the Aston Martin brand will pan out.

Formula One F1 – Abu Dhabi Grand Prix – Yas Marina Circuit, Abu Dhabi, United Arab Emirates – December Racing Point’s Sergio Perez during practice Kamran Jebreili/Pool via REUTERS

The team will set their eyes on achieving P3 in the Constructors’ Standings this season

With Sebastian Vettel, Aston Martin have reason to believe that they can take the next step in 2021. The inclusion of the four-time champion means the team’s supporters are also expecting him to make an immediate impact.

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SOCHI, RUSSIA – Third place qualifier Sebastian Vettel of Germany and Ferrari celebrates in parc ferme during qualifying for the F1 Grand Prix of Russia at Sochi Autodrom in Sochi, Russia. (Photo by Charles Coates/Getty Images)

The team were favorites to finish third in 2020, only to lose out to McLaren in the end. With a new driver pairing and updated machinery, they will hope to not repeat the same in the upcoming campaign.

Therefore, it seems like all is going well with Aston Martin ahead of winter testing. They will head into the season with utmost confidence and optimism. In addition, they will also believe they have the potential to produce some excellent results in 2021.

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MORE – F1 Twitter Baffled by Sebastian Vettel’s New Hairdo During Aston Martin Seat Fit

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Bhargav Gopal

927 articles

Hailing from Bengaluru, Bhargav is an F1 and NASCAR author for EssentiallySports. He is a huge fan of Max Verstappen and Red Bull Racing. Bhargav also has an MBA in Sports Management from the Symbiosis School of Sports Sciences, Pune.

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