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Mercedes F1 boss Toto Wolff takes a stake in Aston Martin

LONDON — Mercedes Formula One boss Toto Wolff has taken a stake in British sportscar maker Aston Martin, whose executive chairman Lawrence Stroll runs the Racing Point F1 team, according to company filings. A Mercedes F1 spokesman said Wolff's move was purely an investment on the Austrian's part and would be diluted by a rights issue on Monday from 4.77% to less than 1%. "Fully diluted following the pending rights issue, this investment will represent a 0.95% stake in the company," he added. "It is a financial investment and Toto's partnership and executive role with Mercedes are unaffected by the transaction." Swiss billionaire Ernesto Bertarelli has also bought a 3.38% stake which will be similarly diluted. Wolff previously had a 16% shareholding in former champions Williams but sold that after he joined the Mercedes team, where he serves as principal and owns 30%. Canadian billionaire Stroll, whose son Lance drives for Racing Point alongside Mexican Sergio Perez, is close to Wolff. The Silverstone-based team — to be renamed Aston Martin next year — use Mercedes engines and gearboxes. Mercedes-Benz's parent Daimler also has a small stake in Aston Martin. "It's clear that Aston are now Mercedes' B team," the Daily Mail quoted one Formula One insider as saying. Wolff's future at Mercedes has been the subject of some media speculation, with the 48-year-old linked variously to senior management roles with Liberty Media-owned Formula One and at Aston Martin. His Aston Martin shares were bought from Yew Tree Overseas Limited, a vehicle controlled by Stroll who acquired a roughly 25% percent holding in Aston Martin with a consortium of investors. Mercedes have won the past six Formula One drivers' and constructors' titles but have six times world champion Lewis Hamilton out of contract at the end of the 2020 season, which has yet to start due to the COVID-19 pandemic. Hamilton, who has also been linked to Ferrari, had told reporters before the global crisis changed the sporting and financial landscape that his decision would depend on Wolff's plans. The Briton is now expected to stay at Mercedes, with a radical overhaul of Formula One's sporting and technical regulations postponed to 2022. Related Video: Motorsports Aston Martin Mercedes-Benz

The Aston Martin Vantage Red Bull Racing Edition doesn't have an F1 engine but still looks sweet

The Aston Martin Vantage could rival the Jeep Wrangler when it comes to the number of variants and special editions it has spawned. The latest version of Aston's smaller sports car is the Red Bull Racing Edition, inspired by Aston Martin's partnership with the Formula 1 team of the same name. The appearance package is fitted by Aston Martin's Q division and is available on both the V8 Vantage and V12 Vantage S models starting this spring, just after the 2017 F1 season gets underway. Aside from the cylinder count, a customer's only option is deciding which one of three colors (gloss or matte Mariana Blue or gloss Tungsten Silver) with either red or yellow lipstick, brake calipers, and side strake accents. In addition, the unpainted portions of the grille, splitter, diffuser, and side strakes are all bare carbon fiber. Inside, the black seats come with contrasting red stitching and the Red Bull Racing logo embroidered on the headrests. The door sill and inspection plaques can be signed by either Red Bull Racing driver Daniel Ricciardo or Max Verstappen. Tough choice. While there are no mechanical upgrades like a hybrid turbocharged V6 or a movable rear wing to really tie the car in with its F1 counterpart, it is one of the better special editions available. The car will be powered by either a 430-horsepower 4.7-liter V8 or a 565-horsepower 5.9-liter V12. Aston hasn't announced pricing or US availability, but based on the popularity of Formula 1 in the States, don't expect to see too many of these on the road. Related Video: Featured Gallery Aston Martin V8 and V12 Vantage S Red Bull Racing View 21 Photos News Source: Aston Martin Design/Style Marketing/Advertising Aston Martin Coupe Racing Vehicles Performance Red Bull Racing aston martin v8 vantage aston martin v12 vantage aston martin vantage aston martin v12 vantage s

Aston Martin says its fleet will go all-hybrid

British luxury carmaker Aston Martin says it plans to convert its entire six-car lineup to hybrid powertrains, with CEO Dr. Andy Palmer telling the Financial Times (subscription required), "We will be 100 per cent hybrid by the middle of the 2020s" and that 25 percent of all Aston Martins will be fully electric "by the end of the next decade." In June, the company announced it will produce the RapidE, its first all-electric car, in 2019, with a limited production run of 155 cars. The Rapide S, the model it's ostensibly based on, starts around $204,000. "RapidE represents a sustainable future in which Aston Martin's values of seductive style and supreme performance don't merely co-exist alongside a new zero-emission powertrain, but are enhanced by it," Palmer said in the statement. "The internal combustion engine has been at the heart of Aston Martin for more than a century, and will continue to be for years to come. RapidE will showcase Aston Martin's vision, desire and capability to successfully embrace radical change, delivering a new breed of car that stays true to our ethos and delights our customers." Palmer also told FT that while the company plans to source battery cells from overseas, it will develop its electric systems in-house. It is working with Williams Advanced Engineering in England on EV systems integrations for the RapidE. Aston is just the latest of a long line of automakers to announce electrification plans. Notably, Volvo recently announced that it would add some form of electrification to its entire fleet by 2019. Related Video: