Home - Car Reviews - Aston Martin to be Britain-??s Largest Independent Carmaker
Aston Martin to be Britain-??s Largest Independent Carmaker
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Move over TVR. Thanks to Ford Motor Company's need for cash after losing $12.7 billion in 2006, the profitable exotic Aston Martin brand is about to be sold off to an all-Britishconsortium of private investors that couldn't be more deserving.
The group, which includes Egyptian investor firm Naeem Capital, is headed by ex-F1 and World Rally Championship team leader David Richards and his firm, Prodrive, that currently runs Aston Martin's Le Mans winning motorsport team.
Prodrive, which runs the Subaru WRX STi in the WRC, has long been toying with plans for its own supercar, but the opportunity to own one
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| Prodrive's David Richards is leading a consortium to buy controlling interest in Aston Martin. (Photo: Prodrive) |
It'll cost, however, to the tune of about £500 million ($967 million) according to a Financial Times estimate reported by the BBC, but considering the Warwickshire-based sports car maker is now profitable and has justrecently introduced a new low-end
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| New models have Aston on a roll. (Photo: Aston Martin) |
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