The Aston Martin F1 Team Is Valued at Nearly $3.3 Billion

While Aston Martin‘s F1 hasn’t had a great year on the track, it just got a big win off of it.

The marque’s racing squad has been valued at about $3.3 billion, or £2.4 billion. That figure was revealed alongside a bit of a shakeup for the F1 team: Aston Martin Lagonda Global Holdings Plc—the official title of the carmaker—is selling its minority stake in the team for $146 million (£110 million), Bloomberg reported.

As far as who snagged a piece of the F1 giant, Aston Martin’s CEO Adrian Hallmark remained tight lipped. The deal is yet to be completed, though a binding letter of intent has been signed, he said, according to Bloomberg.

The sale shouldn’t come as a shock to the F1 community, given that Aston Martin announced it was planning to offload its stake back in April. Billionaire Lawrence Stroll, who is chairman of the famed marque and also controls its F1 team separately (where his son is one of the team’s two drivers), said at that time that even with a sale, Aston Martin would be a part of the racing league for quite some time.

The current incarnation of the Aston Martin F1 team was established in 2021, when Stroll bought the British marque and renamed the team he’d owned for a few years to that point. Prior to that, the team had been called Racing Point, an outfit Stroll had purchased in 2018 for $117 million.

The team’s high valuation shows how strong a demand there is to invest in Formula 1, which saw its popularity explode in the U.S. thanks to Netflix’s Drive to Survive series—and surely Brad Pitt and Damson Idris’s F1 flick helped out with that, too. And that figure keeps going up: Just last year, a deal that allowed HPS Investment Partners and Accel Partners, two U.S. companies, to invest in the team saw Aston Martin’s F1 valued at about $2.4 billion (£1.8 billion).

The team will hope its fortunes on the track can improve, too. After a solid 2023 where former world champion Fernando Alonso captured multiple podium finishes, 2024 was a down year ,and 2025 has been ever worse, leaving Aston Martin ranked near the bottom of the Constructor’s Standings. However, with the cash influx and the addition of Adrian Newey, one of the greatest car designers the sport has ever seen, the team may be on the upswing.