Article 73Q0Z Aston Martin issues another profit warning and sells F1 naming rights for £50m

Aston Martin issues another profit warning and sells F1 naming rights for £50m

by
Alex Daniel
from World news | The Guardian on (#73Q0Z)

Struggling British carmaker says earnings for 2025 will be worse than City forecasts as US tariffs hit sales

Aston Martin has again warned its profits will be lower than expected and sold its permanent naming rights to its Formula One team, as the struggling British carmaker battles to stabilise its finances.

The luxury carmaker, majority-owned by the Canadian billionaire Lawrence Stroll, said its earnings for 2025 would be worse than City forecasts, its fifth profit warning since September 2024.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/world/rss
Feed Title World news | The Guardian
Feed Link https://www.theguardian.com/world
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2026
Reply 0 comments