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Cash influx could help Aston Martin double sales

Aston Martin is on the verge of a major product overhaul – complete with new architecture and powertrains. And good thing, considering that the Vantage and DB9 are each about a decade old. But to make it all happen, the British automaker is going to need a massive capital influx. Fortunately, that's just what it got when Investindustrial came on board. The Italian private equity fund, which previously owned a large chunk of Ducati and is now building a Ferrari theme park in Spain, bought a 37.5 percent stake in Aston Martin back in 2012. The acquisition reportedly cost Investindustrial the better part of a quarter billion dollars, but that's not the end of the firm's investment in Aston. According to Bloomberg, Investindustrial is now pouring even more into the Gaydon-based marque to help fund its product blitz. The output of that investment is expected to be announced at the upcoming Geneva Motor Show. That's where Aston's new chief executive Andy Palmer (whom Investindustrial reportedly helped poach from Nissan) is tipped to announce the company's new product plan that is earmarked to help double the company's sales from around 4,000 units last year to as many as 8,000 once those new products reach the market. The plan will assuredly include replacements for Aston's trademark luxury GTs, but could also encompass a new crossover utility vehicle to give it a greater foothold in growing markets like China while taking on similar new products from key rivals like Bentley and Maserati. While those two competitors are owned by larger auto groups – Volkswagen and Fiat Chrysler, respectively – Aston is independent. It's brokered a deal with Mercedes (thanks once again in no small part to Investindustrial) to help with components it can't effectively develop in-house, but the cash injection will be critical to the brand's revival plans.

This Aston Martin DB9 with 104,000 miles on it makes us happy

The typical Aston Martin DB9 for sale has something like 14,000 miles on it, but 4,000 is pretty typical and a "high-mileage" example would be less than 40,000. And remember, the DB9 went on sale 16 years ago, lasted until 2016, and there isn't as much correlation between age and mileage as there are with other cars. Also remember, Aston Martins usually sit in garages collecting far more dust than, quite obviously, miles. Which is why we're oddly proud of this 2005 Aston Martin DB9 for sale that has 104,854 miles on it ... and the original owner who had the audacity and awesomeness to drive it that much. Good job, buddy. The second owner, prior to selling it to selling dealer, put only 4,000 miles on it since 2015. This plucky Aston-that-could is painted in what seems to be California Sage green with a Cream Truffle interior. With all those miles, such a light-colored leather is definitely showing its age and there's plenty of wear on the driver seat (especially the side bolster), but it's actually not that bad. The leather seats of cars with far fewer miles can look much worse. In fact, the interior in general looks great for such a high-mileage car, a testament to its owner's maintenance and Aston's materials and build quality. As mentioned earlier, it's rare that the latter gets tested so rigorously.  Now, would buying an Aston Martin DB9 with 104,845 miles on it be a good idea? Sure doesn't seem like it. Then again, buying a used Aston Martin always seems like it would be an expensive proposition, and maybe actually being driven has kept it in better working order? Maybe? The CarFax does show consistent service over the years. Of course, that could mean it was breaking all the time, but would you really keep something around that was breaking all the time?  Ultimately, the problem here is the price: Motor Car Classics in New York is asking $39,900 for it. A quick scan of Autotrader reveals DB9s with exponentially fewer miles for around the same money or even less. That includes Volante convertibles. This 2005 is only $4,000 more and has 36,000 miles. This one is also $4,000 more, but has 14,000 miles. However, pricing cars like this is very difficult and certainly none of those other DB9s were as well loved and enjoyed as this audacious green trooper. 

Sebastian Vettel signs with Racing Point for the 2021 F1 season

LONDON — Four-time Formula One champion Sebastian Vettel will drive for Racing Point starting next season. The team, which will be renamed Aston Martin, announced the move Thursday, a day after driver Sergio Perez said he was on his way out. The team said Vettel has signed for the 2021 season “and beyond" but did not reveal the length of the contract. “The signing of Sebastian is a clear statement of the teamÂ’s ambition to establish itself as one of the most competitive names in the sport," the team said in a statement. “As a four-time world champion, Sebastian brings a fresh mindset to the team." One of the most successful drivers in F1, Vettel is leaving Ferrari at the end of this season after he was not offered a new contract. He will be replaced by McLaren driver Carlos Sainz at Ferrari next year. Vettel has won 53 grand prix races, a tally only surpassed by Michael Schumacher and Lewis Hamilton. He won four consecutive titles with Red Bull from 2010-13 and joined Ferrari in 2015 with the aim to win another. But he never had a car really capable of challenging Mercedes during his stint with the Scuderia, where he lost his No. 1 status as teammate Charles Leclerc came to prominence. “ItÂ’s a new adventure for me with a truly legendary car company," Vettel said. “I have been impressed with the results the team has achieved this year, and I believe the future looks even brighter. I still have so much love for Formula One and my only motivation is to race at the front of the grid." Currently fourth in the constructors' standings, Racing Point was handed a 400,000 euro ($470,000) fine and docked 15 points last month for copying a Mercedes design for its brake ducts. The team, however, was allowed to continue to use the offending components this season. Racing PointÂ’s other driver is Lance Stroll, the son of co-owner Lawrence Stroll. Motorsports Aston Martin Ferrari F1 Sebastian Vettel