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Aston Martin Vantage GTE race car revealed

Though Aston Martin had more than enough news in revealing the new V8 Vantage, it decided it needed to show one more thing: the Vantage GTE race car. Obviously the body work is based on the road car, but it's more aggressive. It has an even bigger version of the V8 Vantage's massive grille. The hood gets extra vents. The exhaust now exits out the front fenders. And, of course, it gets a huge wing and equally monster diffuser. The interior is quite a bit different, though, with the comfy seats and leather trim gone in favor of a roll cage and bare carbon fiber components. Under the skin, there are some similarities to the regular V8 Vantage. The main connection is the Vantage GTE's engine, which is a version of the same 4.0-liter twin-turbocharged AMG V8 found in the road car. It makes more power than the street version with at least 530 horsepower. Torque is roughly the same, though. Instead of an eight-speed automatic, the Vantage GTE uses a six-speed sequential manual transmission. Both cars use double-wishbone suspension front and rear, but the GTE gets adjustable anti-roll bars and Ohlins adjustable shocks. The brakes are also upgraded to six-piston front calipers and four-piston rear calipers from Alcon. It will start racing in the FIA World Endurance Championship in 2018. Related Video:

Aston Martin Valkyrie could beat that new Nurburgring record, Red Bull F1 boss says

During last weekend's Austrian Formula 1 Grand Prix, Race Fans asked Red Bull F1 team principal Christian Horner about the Aston Martin Valkyrie. The question was whether the coming hypercar, a collaboration between Red Bull and title sponsor Aston Martin, could beat the stunning lap record around the Nurburgring just set by the Porsche 919 Hybrid Evo. Horner's answer: "I'm not sure a Formula 1 car could actually do it, but I think that the Valkyrie — certainly the track version of the Valkyrie — could be a contender." That's a qualified endorsement, but it still counts as support merely putting the Valkyrie AMR Pro in the conversation. Let's compare, shall we? The 919 Hybrid Evo is based on the 2017 World Endurance Championship-winning 919 Hybrid. Freed from motorsport regulations, Porsche Motorsport upgraded numerous performance bits. The 2.0-liter, turbocharged V-four-cylinder went from 500 hp to 720 hp. The two KERS units went from 400 hp to 440 hp. We don't have a figure for downforce, but items like active aero, a larger front diffuser, optimized turning vanes, and larger rear wing increased downforce by 53 percent over the WEC car, at the same time being 66 percent more aero efficient. It weighs 849 kg dry, or 1,868 pounds because Porsche threw out everything that didn't contribute to speed. The Valkyrie specs we know of so far state a weight of 1,000 kilograms, or 2,200 pounds. Powering that is a custom, naturally aspirated, 6.5-liter AMR Cosworth V12 with more than 900 horsepower, augmented by a kinetic energy recovery system contributing around 230 hp. According to Autocar's sources, the Valkyrie could generate up to 4,000 pounds of downforce at an aerodynamically-limited 225 miles per hour. That boggling number comes courtesy of Adrian Newey's prowess at making changes such as openings between the front wheel arches and the cockpit that work the front wing harder. The two-seater coupe's unrestricted top speed is 254 mph. Note, though, that the Valkyrie AMR Pro will be more powerful, lighter, and could have even more downforce. And since Aston Martin and Newey continue to work on the hypercar, specs could get even better before deliveries begin. Right now, Horner's suggestion doesn't seem all that outrageous. We'll also wait to see if the Mercedes-AMG Project One pokes its nose in the ring, too. Not long ago, AMG chief Tobias Moers said it's "reasonable to speculate" the F1-inspired hypercar could claim an absolute lap record around the 'Ring.

Canadian billionaire Lawrence Stroll leads $240 million Aston Martin investment

After months of rumors and speculation, Canadian billionaire Lawrence Stroll confirmed he led the purchase of a 16.7% stake in Aston Martin for GBP182 million ($239 million). The investment is part of a GBP500 million ($656 million) round of emergency funding that will help the British automaker overcome serious financial challenges. Yew Tree Overseas Limited, a consortium of international investors led by Stroll, built its stake by buying 45.6 million new ordinary Aston Martin shares on the London Stock Exchange, according to Autocar. Aston Martin raised the remaining GBP318 million ($417 million) by giving existing investors the opportunity to buy more shares, the BBC learned. It's not a full bailout, but it's close. Aston Martin ended 2019 in dire financial straits. Stroll will replace Penny Hughes as Aston Martin's chairman; CEO Andy Palmer is expected to keep his job. Several sources confirmed the Racing Point Formula One team owned by Stroll will be rebranded Aston Martin after the 2020 season, and Autocar reported the company will quickly need to eliminate jobs and slash costs. "The difficult trading performance in 2019 resulted in severe pressure on liquidity, which has left the company with no alternative but to seek substantial additional equity financing. Without this, the balance sheet is not robust enough to support the operations of the group," Hughes admitted in an interview with the BBC. Stroll's' appointment to the Aston Martin board comes as the company prepares to overhaul its product plan. It notably confirmed the rumors claiming it put the battery-powered Rapide project on the back burner until further notice, and it delayed plans to revive the Lagonda nameplate on a series of extra-luxurious electric vehicles until after 2025. The first car was originally scheduled to reach the market in 2022, but the battery technology is expensive to develop, and Aston must save about 10 million pounds (around $13 million) annually. The firm will instead focus on mid-engined sports cars. Still according to Autocar, it will begin delivering the 1,160-horsepower Valkyrie hypercar this year, and it's on track to launch the Valhalla in 2022. The Vanquish will go mid-engined shortly after. Delaying electric cars doesn't mean abandoning electrification, and Aston Martin hopes to release "a fuel-efficient, modular V6 engine with hybrid capabilities" by the middle of the 2020s.