Aston Martin Issues Another Profit Warning and Sells F1 Naming Rights
Aston Martin has issued another profit warning, stating that 2025 earnings will fall below forecasts, and has sold its F1 naming rights for £50 million due to struggling sales and US tariffs.
20 Feb, 08:08 — 20 Feb, 12:00
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Aston Martin issues another profit warning and sells F1 naming rights for £50m
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...
By Alex Daniel
Read full article →Aston Martin Expects Full-Year Earnings to Miss Expectations - The Wall Street Journal
Aston Martin Expects Full-Year Earnings to Miss Expectations The Wall Street Journal
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