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Pin to quick picksAston Martin Lagonda Share News (AML)

Share Price Information for Aston Martin Lagonda (AML)

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Share Price: 138.90
Bid: 138.80
Ask: 139.30
Change: 5.70 (4.28%)
Spread: 0.50 (0.36%)
Open: 133.00
High: 153.00
Low: 133.00
Prev. Close: 133.20
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Motor racing-Aston Martin vindicated by Vettel signing, says Brawn

Mon, 07th Jun 2021 16:38

LONDON, June 7 (Reuters) - Sebastian Vettel looks like a man reborn at Aston Martin and the decision to sign him appears to be paying off, Formula One's managing director for motorsport Ross Brawn said on Monday.

Germany's four times world champion joined the former Racing Point team this season, after struggling in his last two campaigns at Ferrari, as a replacement for Mexican Sergio Perez who is now with Red Bull.

Vettel was second to Perez in Sunday's Azerbaijan Grand Prix, handing Aston Martin a first podium as a Formula One constructor.

"I was one of the people who was uncertain about the decision Aston made in signing him up, but it’s looking to be a great call because of the way he’s driving and the results he’s getting," Brawn wrote in a column on the Formula 1 website http://www.formula1.com.

"He’s reborn again. He’s refreshed. There’s a different vibe about him. And it just shows how the whole psychological aspect can impact performance.

"Seb has found himself in a much more comfortable place, with the right sort of pressure and with engineers who he is learning to work with. He’s getting results and he deserves it. Bravo."

Vettel said on Sunday that it had taken a little bit longer than he wanted to get up to speed and adjust to the car at the start of the season.

"I think I was confident that at some point it (would) start clicking and obviously Monaco was great," he said of a race where he finished fifth.

The German had not scored a point in the first four races.

"You can argue that it takes off a bit of pressure but I think obviously the expectations in general are fairly high at the beginning of the year so it was good to get a good result," he added.

Vettel is now ninth in the championship with 28 points, while Canadian team mate Lance Stroll crashed out on Sunday with a tyre blowout and is 13th on nine points. (Reporting by Alan Baldwin, editing by Ken Ferris)

More News
30 May 2023 09:20

IN BRIEF: Aston Martin chair and director sell 37.3 million shares

Aston Martin Lagonda Global Holdings PLC - Gaydon, England-based luxury car manufacturer - Says Executive Chair Lawrence Stroll sold 34.9 million shares at GBP3.35 per share via British Virgin Islands-incorporated Yew Tree Overseas Ltd for GBP117.0 million total on Thursday. Non-executive Director Michael de Picciotto meanwhile sold 2.3 million shares at the same price via Switzerland-incorporated Saint James Invest SA for GBP7.8 million total on Thursday. 37.3 million shares were sold in total.

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24 May 2023 03:30

Aston Martin's road car ties to Mercedes unchanged by Honda F1 deal

May 24 (Reuters) - Aston Martin's Formula One engine partnership with Honda from 2026 will not affect ties to Mercedes on the road car side, according to the team's CEO of performance technologies Martin Whitmarsh.

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24 May 2023 03:30

Motor racing-Honda to power Aston Martin's F1 title ambitions from 2026

May 24 (Reuters) - Honda will return to Formula One as a full-blown engine manufacturer powering Aston Martin's title ambitions when the sport enters a new era in 2026, the Japanese carmaker announced on Wednesday.

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19 May 2023 09:07

LONDON BROKER RATINGS: RBC raises St James's Place to 'outperform'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

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18 May 2023 17:18

UK equities rise on upbeat global mood; Burberry, BT Group lag

Burberry down after reporting U.S. sales drop

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18 May 2023 16:56

LONDON MARKET CLOSE: Stocks up and dollar boosted by hawkish Fed bets

(Alliance News) - London's FTSE 100 ended higher on Thursday, continuing a slightly up-and-down week, helped by a weaker pound, as a rally in the dollar on an unwinding of doveish Federal Reserve bets continuing.

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18 May 2023 13:05

UPDATE: Aston Martin jumps as Geely increases stake to 17%

(Alliance News) - Aston Martin Lagonda Global Holdings PLC on Thursday said it has received a "substantial investment" from Chinese vehicle manufacturer Geely International Ltd.

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18 May 2023 12:33

LONDON MARKET MIDDAY: Stocks and dollar up on US debt ceiling optimism

(Alliance News) - Stock prices in London were higher at midday on Thursday as growing confidence about US debt ceiling negotiations helped to lift market mood, buttressed by some strong individual shares performances from the likes of Aston Martin and Genuit.

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18 May 2023 12:09

Aston Martin stock soars as China's Geely to become no.3 shareholder

Geely commits to investment of 234 mln pounds

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18 May 2023 10:23

TOP NEWS: Aston Martin soars as Geely bumps up stake to 17%

(Alliance News) - Aston Martin Lagonda Global Holdings PLC on Thursday said it has received a "substantial investment" from Chinese vehicle manufacturing giant Geely International Ltd.

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18 May 2023 08:59

LONDON MARKET OPEN: BT shares fall as announces 55,000 jobs to be cut

(Alliance News) - European equities made headway at Thursday's open, though the FTSE 100 underperformed due to share price falls for BT and Burberry.

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18 May 2023 08:08

CORRECT: Royal Mail parent suffers loss; Burberry sees growth

(Correcting spelling of name of new De La Rue chair.)

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18 May 2023 07:55

LONDON BRIEFING: Royal Mail parent suffers loss; Burberry sees growth

(Alliance News) - Stocks in London were called higher on Thursday, as global markets switched to risk-on, following signs of progress on US debt negotiations.

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18 May 2023 07:51

China's Geely to invest £234m in Aston Martin

(Sharecast News) - Chinese auto group Geely has committed to invest £234m Aston Martin Lagonda to become its third-largest shareholder, sending shares in the UK in luxury car maker racing ahead on Thursday.

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10 May 2023 15:45

UK shareholder meetings calendar - next 7 days

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Chesnara PLCAGM
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