2007 Aston Martin Vantage Roadster 6-speed W/ Navigation on 2040-cars

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Aston Martin and Mercedes will share F1 safety car duties

LONDON — Aston Martin is set to join Mercedes next season as a provider of Formula One's official safety cars, according to media reports on Tuesday. Racefans.net reported that Aston Martin would supply safety and medical cars at 12 of the 23 scheduled races in key markets, with the existing Mercedes cars used at the rest. It said Aston Martin's new DBX SUV, which uses a Mercedes-AMG V8 engine, would be used as a medical car. There was no official confirmation from Aston Martin or Mercedes. Sources indicated to Reuters that the report was accurate, however. Mercedes has been the official provider of the cars, which are deployed in the event of an incident or bad weather to keep the field lapping safely, since 1996 but that deal runs out at the end of this year. A shared supply would make sense for both carmakers, who already have close ties. Aston Martin's executive chairman Lawrence Stroll also owns the Racing Point team, who will race as Aston Martin from next season with four times world champion Sebastian Vettel arriving from Ferrari. Mercedes, a part of Daimler, is set to raise its stake in Aston Martin to up to 20% by 2023. Toto Wolff, principal of the Mercedes factory team, also has a private stake in Aston Martin. Related Video: Motorsports Aston Martin Mercedes-Benz F1

Aston Martin DBS GT Zagato previewed in renderings

Last fall, Aston Martin and Zagato announced that they would be building special continuation versions of the DB4 GT Zagato to celebrate the Italian design house's 100th anniversary. But the two companies wouldn't stop there, as each DB4 would come with an yet-to-be-revealed DBS variant. Now the companies have released detailed renderings and information about what is officially called the Aston Martin DBS GT Zagato. The car will be based on the hottest DB11 model, the DBS Superleggera. That means it should have a twin-turbo V12 making at least 715 horsepower and 664 pound-feet of torque with all of that going to the rear wheels through an eight-speed automatic. Outside of the bones, the DBS GT Zagato will have a thoroughly revised exterior. As shown in the photos, the front grille is one piece and is more reminiscent of what's found on the smaller Aston Martin Vantage. An exaggerated double-bubble roof is a highlight, and it stretches out to the pointy tip of the tail. The hood echoes the double bubble in its center. The taillights have an afterburner shape that Zagato has favored lately. Neither Aston nor Zagato has said when we'll see the actual car, but we expect it will be shown sometime this year. Buyers will start getting their DBS GT Zagatos at the end of 2020, a year after their DB4 GT Zagato continuation cars are delivered. As a reminder, the price for each of the 19 pairs of cars is 6 million pounds, or $7.93 million at current exchange rates and before taxes.

Aston Martin's lifeline buys carmaker time as SUV hits road

Canadian billionaire Lawrence Stroll and investors have rescued Aston Martin with a 500 million pound cash injection that analysts say will help stabilize the British carmaker whose first sport utility vehicle (SUV) is set to hit the road. Stroll agreed to buy up to 20% of the 107-year-old company and will become executive chairman of James Bond's automaker of choice, which has gone bankrupt seven times in its checkered history. A consortium led by Stroll will invest 182 million pounds($239 million), whilst major existing shareholders - primarily Italian and Kuwaiti private equity groups - will be part of a rights issue to raise 318 million pounds. "It likely gives them enough liquidity to tide them over for a couple of years," said Charles Coldicott, Redburn equity research analyst. Outgoing chairwoman Penny Hughes, who will be replaced by Stroll, spelt out the degree of trouble the firm has been in after core sales fell last year. "The difficult trading performance in 2019 resulted in severe pressure on liquidity which has left the company with no alternative but to seek substantial additional equity financing," she said. "Without this the balance sheet is not robust enough to support the operations of the group." Now Aston will need to turn the financial lifeline into part of a sustainable plan as it delays investment in electric vehicles and cuts its operating costs. A key future milestone includes around 1 billion pounds worth of debt due to mature in 2022. The company also suffers from lower gross margins than rival Ferrari, according to analysts at Jefferies, who have said scaling up is just as important as extra capital. Key to the company's success is its first foray into the lucrative SUV market, a late entrant compared to many rivals such as Volkswagen-owned Bentley and BMW's Rolls-Royce. Aston has built a new factory in Wales to make the model, known as the DBX, which it hopes will attract more women to the brand and some buyers to purchase both it and a vehicle from its traditional line-up. With the DBX model not due to roll off the production line until the second quarter of this year, the firm has taken the cost with only some of the benefit so far. Based in central England, Aston said earlier this month that it already had around 1,800 orders for the car which will retail for 158,000 pounds in Britain, a "materially better" rate than for any previous models.