March 8th, 2007
Prodrive to win bid for Aston Martin
It is understood that Prodrive, set to be F1’s twelfth team in 2008, has been successful in its recently reported bid to buy Aston Martin.
Backed by US and Middle East investors, Warwickshire based Prodrive’s boss David Richards led a consortium that reportedly bid an estimated $900 million to buy the English car manufacturer from Ford.
The ultimate price may have increased to as much as (US) $965 million, with a deal set to be announced on Friday at the Geneva auto show.
Prodrive declined to comment, but Ford may have favoured Prodrive’s offer because the company already runs Aston Martin’s racing programme for sports cars.
Aston Martin raced eleven times in F1 in 1959-60.
Source: dailyf1news.com
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April 1st, 2007 at 6:33 pm
Nice prodrive to win bid for aston martin post! Thanks for intesting info!
April 21st, 2007 at 3:58 pm
Nice prodrive to win bid for aston martin post! Thanks for intesting info! More Aston Martin can be found at http://www.auto-portal.us/
May 7th, 2008 at 2:00 pm
[...] serious about a car maker wishing to get into F1 if we do not count failed Spyker attempt and Aston Martin / Prodrive talk [...]