2024 Aston Martin | Aramco F1 Team

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zoroastar
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Joined: 31 Aug 2017, 08:04

Re: 2024 Aston Martin | Aramco F1 Team

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i can see that its going to be a long 2 months haha

KimiRai
KimiRai
258
Joined: 10 Aug 2022, 20:08

Re: 2024 Aston Martin | Aramco F1 Team

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Calm down guys. :)

I'll make the new 2025 thread in a few days, if that's okay with you.

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diffuser
237
Joined: 07 Sep 2012, 13:55
Location: Montreal

Re: 2024 Aston Martin | Aramco F1 Team

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-wkst- wrote:
28 Dec 2024, 09:24
diffuser wrote:
27 Dec 2024, 22:22
Well I just learned that they're no longer called AMR. They've been rebranded to ¨Aston Martin F1 Team¨ in 2018
You initially wrote " The Saudis invest a lot of money into AMR with different companies (the day will come when they buy out Stroll I believe),"


The truth is they are closer to what RBR racing are doing, that they are selling the holding company to several different sports centered investment firms. Which makes a take over of Aston Martin F1 Team much more difficult. In return they get great team management advice.


By Structure you mean Like Cowell, Krack, Lawrence, etc ...? I know that structure yes.
1) wrong, the f1 company is named AMR GP limited
2) wrong, when you sell shares of the f1 parents company, especially to such type of companies, you don’t make a takeover more difficult. Why did Stroll sell shares of the company? Because he wanted his investments back. Unlike the RBR situation, where the Austrian company owns 100% of the team for 20 years. No change in ownership.
3) By structure I mean all the companies. AMR GP ltd, AMR Performance Group Limited, AMR commerce limited, AMR Performance Technologies Limited, Silverstone Performance Technologies Limited, AMR GP Holdings Limited. Reading your posts you seem to be an expert and could explain the companies and their functions to me and others.

But the most hilarious thing is that you posted that Lance owns the team. BS. I had a look at the things in the afternoon. Stroll still has the majority in the group, but there are more small shareholders than I thought. Fallows and Whitmarsh for example.
I saw that the team was in Lance's name on the internet, might be a questionable source, don't know.

The F1 team name is what I said it is ¨Aston Martin F1 Team¨.

The "limited" name looks to be the holding company name.

No, I guess I don't know that structure. So is that like a hierarchy?

No, I'm not an expert, nor do I pretend to be. I actually knew nothing about this till you got me to start reading about it. I need to thank you, I originally thought this would be boring but turns out to be interesting, I learned something. I'm a software engineer, but I can read. I just wanted to call you out on trying to predict what was going to happen in 20 years time based on Lawrence selling shares. Too much of that goes on in this forum, in my opinion.

Also, the obvious reason for selling shares is for the money. I meant, selling the share to two different investment firms. The point, I was trying to make, is those sales diversify the Holdings and make a takeover by anyone group more difficult. Which, bring us back full circle to your original statement.

-wkst-
-wkst-
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Joined: 29 Jan 2016, 21:55
Location: Austria

Re: 2024 Aston Martin | Aramco F1 Team

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Well, it’s a bit difficult to discuss with you, if you can’t accept simple things like that the team isn’t named „Aston Martin F1 Team“, that’s just a Brand or whatever the team presents themselves in the public. „Limited“ is just the legal form of the company, hast nothing to do with a holding.

The F1 company is named „AMR GP Limited“. Their parent company is the „AMR Performance Group Limited“, where Cowell is director, the Performance Group Limited also controls others like the Performance Technologies.

The parent company of the „AMR Performance Group Limited“ is the „AMR GP Holdings Limited“. This is finally the company which is owned by many shareholders, majority shareholder at the end of 2023 was „Racing Point UK Holdings Limited“ (58%). This company has a parent company on the British Virgin Islands, „Racing Point Limited“, which is controlled by Lawrence Stroll.