F1 News, Reports and Race Results

Vettel snaps up shares of Aston Martin ahead of 2021

Sebastian Vettel is putting his money where his mouth is, the future Aston Martin Racing driver acquiring shares of the team's partner Aston Martin Lagonda.

Vettel will depart Ferrari at the end of this season and race with the rebranded Racing Point squad from 2021, replacing Serio Perez alongside Lance Stroll.

The 33-year-old four-time world champion did not reveal the amount of his stake in Aston Martin or whether the shares represented a sign-up bonus with his new team, but Vettel joins Mercedes team boss Toto Wolff as a shareholder in the prestigious sportscar manufacturer.

"I think everybody is free to do what they want with their money," commented Vettel on his investment.

"And as I know, Aston Martin is a public company, and everyone is free to invest in the company.

"So if you're asking whether I have shares in the company, I have, but how much I think it's a secondary thing, and I won't talk about it.

"But I think I believe in the project, I've decided obviously to go with the project and I'm excited to see what happens when we kick off next year. And I'm starting for a new team."

Vettel's arrival will unfortunately come to the detriment of Perez, much to the Mexican driver's many fans chagrin.

Asked if he felt sorry for Perez's fate, Vettel said: "Obviously there are not that many seats open still and I don’t know if Checo is talking to anyone. So, I don’t know if he’s definitely out.

"You guys are making the news, so I think you know a bit more than me, or at least sooner than me. But I think it would be a shame.

"He is the driver that deserves to be in Formula 1. Now I don’t know which options he has, and what he wants to do."

Gallery: The beautiful wives and girlfriends of F1 drivers

Keep up to date with all the F1 news via Facebook and Twitter

Michael Delaney

Recent Posts

Verstappen set for second row start at Nürburgring 24 Hours

Max Verstappen will launch his long-awaited Nürburgring 24 Hours debut from the second row of…

14 hours ago

Cadillac's Towriss rejects backmarker label: ‘You don’t know much about F1'

Cadillac F1’s arrival on the grid in 2026 has been anything but quiet, and according…

15 hours ago

Alpine adds former FIA aero chief to F1 technical structure

Alpine has strengthened its growing 2026 Formula 1 project by officially welcoming former FIA head…

17 hours ago

When a Williams found its way on to the grid of the Indy 500

The 65th running of the Indy 500 held back in 1981 saw an interesting and…

18 hours ago

Ralf Schumacher: Life in F1 as Michael’s brother often 'unpleasant'

Ralf Schumacher has opened up about the emotional strain he experienced during his F1 career,…

20 hours ago

Bottas reveals how Miami GP car theft triggered FBI investigation

For most Formula 1 drivers, the biggest threat during a Grand Prix weekend comes on…

21 hours ago