Aston Martin selling its F1 team

Full story: the-race.com

Aston Martin’s proposal to sell its shares in the Formula 1 team that bears its name is, on the surface, quite dramatic.

That was my first reaction to seeing the news too. Aston Martin though really owns only a minority share of team, so the sale amounts to finding a buyer for a 10% share of the team. That is much less dramatic, and Aston Martin will continue to sponsor, at least in the near-term.