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Aston Martin may come under the control of Geely or BYD due to financial difficulties Idman.biz
14 May 2026, 06:19
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"Aston Martin" may come under the control of "Geely" or BYD due to financial difficulties

After a disastrous start to the 2026 season and a difficult financial situation, Aston Martin investors are becoming increasingly skeptical about the team's prospects.

According to İdman.Biz, citing The Telegraph, the main contender for control is the Chinese company Geely.

Lawrence Stroll and his consortium have invested another £50 million (approximately $67.5 million), the eighth emergency funding since the IPO in 2018. In total, they have raised approximately £2 billion ($2.7 billion) from shareholders and the same amount from banks and bond markets. Meanwhile, pre-tax losses have increased by 25% to £364 million ($491.4 million). The company's market capitalization has fallen from £4.3 billion ($5.8 billion) at the IPO to approximately £430 million ($580.5 million). The company has also laid off a fifth of its 3,000 employees.

"Ultimately, Stroll is a serious businessman and you can imagine that at some point he will say, 'How deep do I have to go to keep this going?'" - the publication quotes a major supplier who asked not to be named.

Geely already owns a stake in Aston Martin (around 14% according to internal sources) and is considered the most likely buyer if Stroll leaves. Interest in the team is also linked to the Chinese company BYD, which is exploring ways to enter Formula 1.

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