Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAston Martin Lagonda Share News (AML)

Share Price Information for Aston Martin Lagonda (AML)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 146.50
Bid: 144.70
Ask: 145.10
Change: -3.50 (-2.33%)
Spread: 0.40 (0.276%)
Open: 146.80
High: 151.90
Low: 143.40
Prev. Close: 150.00
AML Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

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

Wed, 24th May 2023 03:30

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.

The new 'works' partnership will transform Silverstone-based Aston Martin into Honda's sole focus on the starting grid from their current position as one of four teams with Mercedes engines.

"It is very, very difficult to win consistently championships without a full works relationship, which is why we've made this decision," Aston Martin's Group CEO of performance technologies Martin Whitmarsh told reporters.

Honda Racing Corporation (HRC) president Koji Watanabe confirmed the manufacturer had no plans to supply power units to other teams.

Honda officially withdrew from Formula One in 2021 but has continued to provide engines to reigning world champions Red Bull, who have already announced a deal with Ford from 2026, under a technical support arrangement.

CEO Toshihiro Mibe said the 2026 regulations and Formula One's push for sustainability were in line with Honda's carbon neutrality goals.

"The key for winning will be a compact, lightweight, and high-power electric motor with a high-performance battery capable of handling high and swift power output, as well as the energy management technology," he said.

"We believe that the technologies and know-how gained from this new challenge can potentially be applied directly to our future mass production electric vehicles, such as an electric flagship sports model, and electrification technologies in various areas."

Formula One's 2026 power unit will use 100% sustainable fuels and have a much greater electrical component, with the sport aiming to be carbon neutral by 2030.

Silverstone-based Aston Martin are owned by Canadian billionaire Lawrence Stroll and are second in the championship after five of 22 races, with Spaniard Fernando Alonso taking four third places.

Stroll has invested heavily, building a new factory and wind tunnel and recruiting top staff from rival teams while also attracting significant title sponsorship from Cognizant and Saudi Aramco.

"Aston Martin Aramco Cognizant is building a team to win in Formula One," said former McLaren principal Whitmarsh, who was instrumental in bringing Honda back to that team in 2015 but left before the ill-fated partnership started.

"This is an extremely exciting and important further step for the team.

"It's clear to us and to Honda that the 2026 Formula One regulations will require the full integration of chassis and PU (power unit) that only a full works team relationship delivers.

"So to have this partnership puts us in a position to compete for championships."

Renault-owned Alpine, Audi, Ferrari, Mercedes-AMG High Performance Powertrains and Red Bull Ford will be the other engine manufacturers from 2026.

The break from Mercedes will mean Aston Martin having to build their own gearboxes and rear suspension but Whitmarsh said that was all part of 'growing up' as a team and becoming truly independent.

"You set out to win in Formula One and that means beating existing partners and in order to do that we've got to be independent," he said.

"We're building great facilities and progressively pulling away from our dependence on Mercedes-Benz."

Whitmarsh said the team would continue to compete as Aston Martin after 2026. (Reporting by Alan Baldwin in London, editing by Toby Davis)

More News
15 Aug 2022 08:57

IN BRIEF: Digital 9 eyes FTSE index inclusion with premium listing

Digital 9 Infrastructure PLC - London-based digital infrastructure investor - Seeking approval from the UK Financial Conduct Authority for admission of its shares to a premium London listing, which would make it eligible for FTSE index inclusion. It says: "As the company grows, the board believes that DGI9 will benefit over time from the migration with an increase of its profile as an investment company, diversification of the company's share register with access to blue chip UK and international investors as well as from potential FTSE index inclusion."

Read more
29 Jul 2022 10:20

Aston Martin interim loss widens as expenses outpace revenue growth

(Alliance News) - Aston Martin Lagonda Global Holdings PLC on Friday posted a sharply widened interim loss as ballooning expenses more than offset an increase in revenue.

Read more
29 Jul 2022 07:33

Aston Martin losses widen as supply chain issues hit production

(Sharecast News) - UK luxury sportscar maker Aston Martin said first-half losses had widened as supply chain constraints hit production.

Read more
22 Jul 2022 17:11

Midcaps outperform gains on UK's FTSE 100 for third week

July 22 (Reuters) - Britain's domestically focused index outperformed the blue-chip FTSE 100 for its third straight week on Friday, with insurer Beazley topping the mid-cap index following a strong annual forecast.

Read more
22 Jul 2022 16:09

UK earnings, trading statements calendar - next 7 days

Monday 25 July 
ECO Animal Health Group PLCFull Year Results
F&C Investment Trust PLCHalf Year Results
GlobalData PLCHalf Year Results
JTC PLCTrading Statement
Plant Health Care PLCTrading Statement
SThree PLCHalf Year Results
Vodafone Group PLCTrading Statement
XLMedia PLCTrading Statement
Tuesday 26 July 
Aberforth Smaller Companies Trust PLCHalf Year Results
Ascential PLCHalf Year Results
Bytes Technology Group PLCTrading Statement
Capital & Counties Properties PLCHalf Year Results
Cohort PLCFull Year Results
Compass Group PLCTrading Statement
Drax Group PLCHalf Year Results
easyJet PLCTrading Statement
Ergomed PLCTrading Statement
Franchise Brands PLCHalf Year Results
Games Workshop Group PLCFull Year Results
Gore Street Energy Storage Fund PLCFull Year Results
Greencore Group PLCQ3 Results
John Menzies PLCTrading Statement
Medica Group PLCTrading Statement
Mitie Group PLCTrading Statement
NewRiver REIT PLCTrading Statement
Playtech PLCTrading Statement
Reach PLCHalf Year Results
Ricardo PLCTrading Statement
Sabre Insurance Group PLCHalf Year Results
SME Credit Realisation Fund LtdFull Year Results
Trifast PLCFull Year Results
Tyman PLCHalf Year Results
Unilever PLCHalf Year Results
Vivo Energy PLCHalf Year Results
Wickes Group PLCTrading Statement
Wednesday 27 July 
Aptitude Software Group PLCHalf Year Results
BlackRock Energy & Resources Income Trust PLCHalf Year Results
Breedon Group PLCHalf Year Results
British American Tobacco PLCHalf Year Results
FirstGroup PLCTrading Statement
Fresnillo PLCQ2 Production Results
GSK PLCHalf Year Results
Hargreaves Services PLCFull Year Results
Hiscox LtdTrading Statement
Ibstock PLCHalf Year Results
International Personal Finance PLCHalf Year Results
Lancashire Holdings LtdHalf Year Results
Lloyds Banking Group PLCHalf Year Results
Marston's PLCTrading Statement
Motorpoint Group PLCTrading Statement
musicMagpie PLCHalf Year Results
Nichols PLCHalf Year Results
Primary Health Properties PLCHalf Year Results
Quartix Technologies PLCHalf Year Results
Reckitt Benckiser Group PLCHalf Year Results
Rio Tinto PLCHalf Year Results
Smart Metering Systems PLCHalf Year Results
Smurfit Kappa Group PLCHalf Year Results
Ted Baker PLCTrading Statement
Unite Group PLCHalf Year Results
Wizz Air Holdings PLCQ1 Results
Yourgene Health PLCFull Year Results
Thursday 28 July 
Airtel Africa PLCTrading Statement
Anglo American PLCHalf Year Results
Aveva Group PLCTrading Statement
BAE Systems PLCHalf Year Results
Barclays PLCHalf Year Results
Bodycote PLCHalf Year Results
BT Group PLCQ1 Results
Centrica PLCHalf Year Results
CVS Group PLCTrading Statement
De La Rue PLCTrading Statement
Diageo PLCFull Year Results
discoverIE Group PLCTrading Statement
Dr Martens PLCTrading Statement
Elementis PLCHalf Year Results
FDM Group PLCHalf Year Results
Forterra PLCHalf Year Results
Foxtons Group PLCHalf Year Results
GB Group PLCTrading Statement
Greencoat UK Wind PLCHalf Year Results
Hammerson PLCHalf Year Results
Headlam Group PLCTrading Statement
Inchcape PLCHalf Year Results
Indivior PLCHalf Year Results
Informa PLCHalf Year Results
ITV PLCHalf Year Results
Jupiter Fund Management PLCHalf Year Results
Logistics Development Group PLCTrading Statement
Metro Bank PLCHalf Year Results
Mitchells & Butlers PLCTrading Statement
Mortgage Advice Bureau (Holdings) PLCTrading Statement
Mothercare PLCFull Year Results
MySale Group PLC Trading Statement
National Express Group PLCHalf Year Results
Quixant PLCTrading Statement
Rathbones Group PLCHalf Year Results
Relx PLCHalf Year Results
Rentokil Initial PLCHalf Year Results
Restore PLCHalf Year Results
Robert Walters PLCHalf Year Results
Schroders PLCHalf Year Results
Segro PLCHalf Year Results
Shell PLCHalf Year Results
Smith & Nephew PLCHalf Year Results
St James's Place PLCHalf Year Results
Vesuvius PLCHalf Year Results
Volex PLCHalf Year Results
Weir Group PLCHalf Year Results
Friday 29 July 
Allianz Technology Trust PLCHalf Year Results
Aston Martin Lagonda Global Holdings PLCHalf Year Results
AstraZeneca PLCHalf Year Results
Babcock International Group PLCFull Year Results
CMC Markets PLCTrading Statement
Croda International PLCHalf Year Results
Glencore PLCTrading Statement
IMI PLCHalf Year Results
Impellam Group PLCHalf Year Results
Industrials REIT LtdTrading Statement
International Consolidated Airlines Group SAHalf Year Results
Intertek Group PLCHalf Year Results
Law Debenture Corp PLCHalf Year Results
Morgan Advanced Materials PLCHalf Year Results
NatWest Group PLCHalf Year Results
Premier Miton Global Renewables Trust PLCHalf Year Results
Rightmove PLCHalf Year Results
Shearwater Group PLCFull Year Results
Standard Chartered PLCHalf Year Results
Walker Crips Group PLCFull Year Results
YouGov PLCTrading Statement
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
22 Jul 2022 09:33

LONDON BROKER RATINGS: Morgan Stanley cuts S4 Capital and raises Wise

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

Read more
20 Jul 2022 16:05

UK earnings, trading statements calendar - next 7 days

Thursday 21 July  
AJ Bell PLCQ3 Results
Anglo American PLCQ2 Production Results
Brewin Dolphin Holdings PLCTrading Statement
Britvic PLCQ3 Results
Close Brothers Group PLCTrading Statement
Diploma PLCQ3 Results
Dunelm Group PLCTrading Statement
DWF Group PLCFull Year Results
Euromoney Institutional Investor PLCQ3 Results
Frasers Group PLCTrading Statement
Fulham Shore PLCFull Year Results
Howden Joinery Group PLCHalf Year Results
IG Group Holdings PLCFull Year Results
Intermediate Capital Group PLCQ1 Results
Ocado Group PLCHalf Year Results
PensionBee Group PLCTrading Statement
Polymetal International PLCQ2 Production Results
Qinetiq Group PLCTrading Statement
Redcentric PLCFull Year Results
Seraphine Group PLCFull Year Results
SSE PLCQ1 Results
Workspace Group PLCQ1 Results
Friday 22 July  
Beazley PLCHalf Year Results
FRP Advisory Group PLCFull Year Results
Record PLCQ1 Results
Monday 25 July 
ECO Animal Health Group PLCFull Year Results
F&C Investment Trust PLCHalf Year Results
GlobalData PLCHalf Year Results
JTC PLCTrading Statement
Plant Health Care PLCTrading Statement
SThree PLCHalf Year Results
Vodafone Group PLCTrading Statement
XLMedia PLCTrading Statement
Tuesday 26 July 
Aberforth Smaller Companies Trust PLCHalf Year Results
Ascential PLCHalf Year Results
Bytes Technology Group PLCTrading Statement
Capital & Counties Properties PLCHalf Year Results
Cohort PLCFull Year Results
Compass Group PLCTrading Statement
Drax Group PLCHalf Year Results
easyJet PLCTrading Statement
Ergomed PLCTrading Statement
Franchise Brands PLCHalf Year Results
Games Workshop Group PLCFull Year Results
Gore Street Energy Storage Fund PLCFull Year Results
Greencore Group PLCQ3 Results
John Menzies PLCTrading Statement
Medica Group PLCTrading Statement
Mitie Group PLCTrading Statement
NewRiver REIT PLCTrading Statement
Playtech PLCTrading Statement
Reach PLCHalf Year Results
Ricardo PLCTrading Statement
Sabre Insurance Group PLCHalf Year Results
SME Credit Realisation Fund LtdFull Year Results
Trifast PLCFull Year Results
Tyman PLCHalf Year Results
Unilever PLCHalf Year Results
Vivo Energy PLCHalf Year Results
Wickes Group PLCTrading Statement
Wednesday 27 July 
Aptitude Software Group PLCHalf Year Results
Aston Martin Lagonda Global Holdings PLCHalf Year Results
BlackRock Energy & Resources Income Trust PLCHalf Year Results
Breedon Group PLCHalf Year Results
British American Tobacco PLCHalf Year Results
FirstGroup PLCTrading Statement
Fresnillo PLCQ2 Production Results
GSK PLCHalf Year Results
Hargreaves Services PLCFull Year Results
Hiscox LtdTrading Statement
Ibstock PLCHalf Year Results
International Personal Finance PLCHalf Year Results
Lancashire Holdings LtdHalf Year Results
Lloyds Banking Group PLCHalf Year Results
Marston's PLCTrading Statement
Motorpoint Group PLCTrading Statement
musicMagpie PLCHalf Year Results
Nichols PLCHalf Year Results
Primary Health Properties PLCHalf Year Results
Quartix Technologies PLCHalf Year Results
Reckitt Benckiser Group PLCHalf Year Results
Rio Tinto PLCHalf Year Results
Smart Metering Systems PLCHalf Year Results
Smurfit Kappa Group PLCHalf Year Results
Ted Baker PLCTrading Statement
Unite Group PLCHalf Year Results
Wizz Air Holdings PLCQ1 Results
Yourgene Health PLCFull Year Results
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
20 Jul 2022 09:41

LONDON BROKER RATINGS: Goldman likes Haleon but says sell Schroders

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

Read more
20 Jul 2022 08:25

LONDON BRIEFING: UK inflation sets new high as BoE eyes 50-point hike

(Alliance News) - The UK inflation rate raced to 9.4% in June, figures on Wednesday showed, beating market forecasts and hitting a series high.

Read more
18 Jul 2022 15:42

Sector movers: Industrial metals and Mining, Big Oil pace gains

(Sharecast News) - Industrial Metals&Mining, Big Oil and Life insurance lent their weight to the FTSE 350's advance at the start of the week.

Read more
18 Jul 2022 09:46

LONDON BROKER RATINGS: Trio of downgrades for Fevertree; Admiral cut

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

Read more
15 Jul 2022 17:13

LONDON MARKET CLOSE: Stocks higher as US rate hikes fears calm

(Alliance News) - Stocks in London ended the week in the green after positive retail sales data from the US, easing fears over future US interest rate hikes.

Read more
15 Jul 2022 17:06

UK stocks end the week lower as slowdown woes mount

July 15 (Reuters) - London's FTSE 100 index ended the week lower on worries about aggressive interest rate hikes and a sharp slowdown in the global economy, even as energy and defensive stocks lifted the benchmark index more than 1% on Friday.

Read more
15 Jul 2022 12:26

LONDON MARKET MIDDAY: Aston Martin jumps on backing from Saudi fund

(Alliance News) - Stocks in London were broadly higher at midday on Friday, amid easing fears over future US interest rate hikes, while the AIM market was weighed down by a lowered earnings guidance from highly rated Fevertree Drinks.

Read more
15 Jul 2022 10:49

TOP NEWS SUMMARY: Economic growth slows to just 0.4% annually in China

(Alliance News) - The following is a summary of top news stories Friday.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.