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1965 Aston Martin James Bond DB5 nets record $6.4 million at auction

Remember we told you how an original James Bond-spec Aston Martin DB5, used as a promotional vehicle for the 1965 Bond film “Thunderball,” was headed to auction? The one equipped with gadgets including a bulletproof rear glass shield, smoke screen and so forth? Well, the car just sold at RM SothebyÂ’s “Evening with Aston Martin” sale at Monterey for a final, record-shattering price of $6.385 million. ThatÂ’s after receiving an initial estimate of $4 million to $6 million. 1965 Aston Martin DB5 'Goldfinger'-spec View 30 Photos Also at Monterey, a DB5 Shooting Brake from the same model year, though not equipped with James Bond gadgetry, auctioned for a cool $1.765 million. It was one of just 12 ever built, and among only four built with a left-hand drive. It was expected to fetch $1 million to $1.4 million, so it was a good week for Aston, old chap. The Bond car was one of two 1965 DB5s commissioned by Eon Productions, the British film company, and used as promotions for “Thunderball.” Neither were used on screen, but they received all the gadgets from the film, installed by Aston Martin and built to actually be used and be reliable. In addition to the gadgets mentioned above, there are bumper overriders, front guns (!) and an oil slick dispenser, plus toggle switches, weapon drawer and tracking screen. 1965 Aston Martin DB5 Shooting Brake View 20 Photos RM SothebyÂ’s had previously sold the car in 2006 for $2.09 milling, but it then went through a complete restoration, including the gadgets, that was completed in 2012. Aston Martin last year announced it would be building continuation versions of the Bond 1965 DB5.  

Aston Martin wants to get involved in F1 engines

LONDON — British luxury sportscar maker Aston Martin is looking to get more engaged in Formula One, chief executive Andy Palmer said on Sunday amid speculation of a title partnership with Red Bull and future engine involvement. "We want to be more involved in the sport," Palmer told Britain's Channel 4 television while attending the Singapore Grand Prix. "We're currently studying the 2021 engine. If we get a reasonable regulation that brings down the cost of the engine, Aston would like to be involved in the engine," added the Briton. "And then of course we'd like to be involved a little more next season and then join the dots. But it really depends on what happens with the engine regs." Red Bull and Aston Martin have an existing relationship, with the team's race cars carrying branding for the marque since last year. Top designer Adrian Newey, whose Renault-powered Red Bull race cars won four successive drivers' and constructors' titles between 2010-13, has worked with Aston Martin on the AM-RB 001 Valkyrie 'hypercar'. Media reports have suggested Aston could become Red Bull's title sponsor next season. Former Nissan executive Palmer was a key figure in negotiating just such a previous deal for the Japanese manufacturer's Infiniti brand, which has now gone to the Renault works team, to partner Red Bull. The British-based team currently use Renault engines, branded Tag Heuer. Formula One, under new management since U.S.-based Liberty Media took over in January, and the governing FIA are looking at what sort of unit will power the series once the current agreement expires in 2020. The aim is to bring down costs and allow a cheaper and less complex engine than the current 1.6 liter V6 turbo hybrid power units, one that could also encourage new manufacturers into the sport. Aston Martin, a 104-year-old firm whose road cars have become closely associated with fictional British secret agent James Bond, last competed in Formula One in 1960. The company is now owned mainly by Kuwaiti and Italian investors and is seeking to boost its share of U.S. markets. Last month Aston reported its first half-yearly profit in almost a decade and it expects full-year volumes to rise by around a third to roughly 5,000 cars. Reporting by Alan BaldwinRelated Video: Motorsports Aston Martin Renault Technology Emerging Technologies Racing Vehicles F1 adrian newey

Aston Martin to cut 15 percent of workforce

Aston Martin has announced it will slash nearly 300 jobs, or about 15 percent of its total workforce, as part of a cost-cutting bid. The changes aren't going to come on the factory floor, though. Instead, according to the Unite trade union, the majority of firings will involve white collar employees – administrators, managers, and the like – at the company's headquarters in Gaydon, England, Bloomberg reports. In an emailed statement to the business outlet, Aston Martin said eligible employees will be offered early retirement options. While Aston said there'd only be 295 employees released, Unite put the number at no more than 314. "Collective consultation with employee representatives, including Unite, has begun and the company is working with them to minimize the risk of compulsory redundancies," the union told Bloomberg. Aston Martin added that this move will have no impact on the company's production figures, although it's unclear what it could mean for future vehicles, like the production DBX and upcoming DB11. Related Video: