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Aston Martin to open test center at Silverstone, British racing's Mecca

LONDON — Aston Martin will open a test and development center at Silverstone, the home of British Formula One racing, as the luxury carmaker continues to expand ahead of a possible stock market offering. James Bond's car brand of choice is undergoing a turnaround plan designed to boost its model lineup, quadruple volumes and produce its first sport utility vehicle at a new plant in Wales. The firm, which sponsors the Red Bull Formula One team, said its Silverstone site would open in October and employ 60 people. Many Formula One teams have been based close to Silverstone in central England, leading the area to become known as motorsport valley. Silverstone hosted the first Formula One championship race in 1950. "The company is now investing for growth across the Aston Martin and Lagonda brands," said Chief Executive Andy Palmer in a statement, also announcing the opening of a central London office. Aston said the new locations would help increase the firm's total workforce by over half to 5,000 by the end of 2022. After six years of losses, Aston Martin swung to a pretax profit in 2017, and the company has said it is considering a stock market IPO, which sources have told Reuters could come as soon as this year. Reporting by Costas PitasRelated Video:

Aston Martin requests exemption from stringent US safety regulations

If you were intrigued by the chance to buy a new Aston Martin Vantage GT for $99,900, it might be best not to wait too long. There is a slim chance that the Vantage and DB9 may not have much life left in the US because they don't meet new crash standards. Aston Martin has filed documents with the National Highway Traffic Safety Administration asking that the new pole and moving barrier crash safety requirements – internally referred to as FMVSS 214 – be waived for the two models. The company is claiming "substantial economic hardship" and says that it can't afford to bring the vehicles into compliance. We aren't talking about a huge number of vehicles here. The Rapide and Vanquish comply with the new rules, and Aston Martin predicts that it would import 670 Vantage and DB9 models into the States between September 1, 2014 and August 31, 2017. The automaker estimates it would cost around $30 million to make them compliant. The company has indeed been in rough shape in the not-too-distant past. According to the documents, sales volume decreased by about 48 percent from a high of 7,281 units in 2007 to 3,786 vehicles in 2012. The automaker had planned to have new models ready in time so that it wouldn't need an exemption, but the global economic crisis delayed it. Interestingly, the paperwork reveals that Aston currently plans to launch a replacement for the DB9 between September 2016 and August 2017. Aston Martin doesn't have very long for NHTSA to deliberate. The new rules go into effect for them on September 1, 2014 for hardtops, and September 1, 2015 for convertibles. While it would still be able to sell its other models here, it would certainly be a shock if it had to pull the the Vantage and DB9. Both documents are available in PDF format to download and read.

Aston Martin DB9 successor spied, may be called DB11

This is by far our best look yet at the car that will replace the long-serving Aston Martin DB9. Previous photos of the grand tourer have consisted of mules based on the current car, but here we get our first taste of a model wearing its production skin. Despite the heavy camouflage, the DB9 successor looks to borrow its styling from the Aston Martin DB10, which will feature in the latest James Bond film. Considering this, it's not surprising that our spies report the new GT will wear the DB11 moniker. While the headlights look somewhat like the current Vantage, it's a fair bet that they'll bear more of a resemblance to the DB10 when the production model arrives. The grille sits lower than on current models, although, unlike 007's Aston, it does have an independent lower grille. It's hard to discern much from the rear of the car, though, owing to the fake taillights and heavy camouflaging on the rear hatch. That, thankfully, isn't an issue in the car's profile. Despite the heavy camo, we can see a suitably large set of haunches and the brand's trademark side grille. Expect Aston to continue using swan wing doors, judging by the shape of the units spied on this prototype, while we predict a larger greenhouse than seen here, owing to the camo over the quarter window. The partnership between Aston Martin and Mercedes-AMG will bear production fruit with the so-called DB11, as our spies report the new Brit will be available with the same 4.0-liter, twin-turbocharged V8 being offered in the AMG GT. Don't fret purists – Aston's 6.0-liter V12 will also be on offer. We're fairly convinced Britain will sink into the ocean before Gaydon abandons the venerable 12-cylinder. Have a look at the latest round of spy photos and let us know what you think of Aston Martin's work so far. Related Video: