"Aston Martin has issued another profit warning and agreed to sell the permanent naming rights to its Formula One team for £50m, as the British marque grapples with falling deliveries, mounting debt and the impact of US tariffs. The carmaker, majority-owned by Canadian billionaire Lawrence Stroll, said earnings for 2025 would be worse than City forecasts, marking its fifth profit warning since September 2024. Analysts had expected the company to report a loss of around £184m when it publishes full-year results next week."
"Aston Martin delivered 5,448 vehicles last year, nearly 10 per cent fewer than in 2024, as sales in the US were hit by a 25 per cent tariff on imported cars imposed by former US president Donald Trump. The group also missed targets for high-margin special edition models. Shares fell as much as 4 per cent in early trading before trimming losses."
"The company's debt pile has risen by about 70 per cent since early 2024. To bolster liquidity, Aston Martin has agreed to sell the permanent right to use its name in Formula One to its F1 team for £50m. The team is operated by AMR GP Holdings, a separate entity also controlled by Stroll, meaning the deal effectively represents additional funding from its owner."
Aston Martin issued another profit warning saying 2025 earnings will be worse than City forecasts, its fifth since September 2024. Analysts expect a loss around £184m when full-year results are published next week. Deliveries fell to 5,448 vehicles, nearly 10% lower than 2024, as US sales were hit by a 25% tariff on imported cars. The group missed targets for high-margin special editions. Cash reserves are about £250m, down from £360m at the start of 2025, while debt has risen roughly 70% since early 2024. The company sold permanent F1 naming rights to its team for £50m to bolster liquidity; AMR GP Holdings, also controlled by Lawrence Stroll, operates the team and the deal requires shareholder approval.
Read at Business Matters
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