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Billionaire Lawrence Stroll reportedly seeks major stake in Aston Martin

LONDON — Canadian billionaire Lawrence Stroll, owner of Formula One team Racing Point, is preparing a bid for a major stake in Aston Martin, Autocar magazine reported, sending the carmaker's battered share price up nearly 15% on Thursday. The British sports car maker's share price has slumped since its initial public offering in October last year. The shares launched at 19 pounds ($24.50) before dropping for months and languishing at around 5 pounds for weeks as sales have failed to meet expectations. Its major shareholder is Strategic European Investment Group from Italy, which holds about a third of the company. Stroll is the father of Formula One driver Lance Stroll, and is also famed for his car collection, regarded as one of the best collections of Ferraris in the world. Stroll is heading up a consortium looking to take a "major shareholding" in Aston Martin, Autocar said on Thursday. Two weeks ago, Aston unveiled the DBX, its first SUV, and is pinning its hopes on the model's success. Aston Martin declined to comment. Racing Point did not immediately respond to an emailed request for comment. The carmaker's shares were up nearly 15% at 5.79 pounds Thursday.  

British firm helps Aston Martin, Zagato re-create commemorative Vantage

In early 2012, Aston Martin honored its decades-old partnership with Italian coachbuilder Zagato by introducing the aptly-named limited-edition V12 Zagato at the Geneva Motor Show. Fast forward to 2020, and a British firm with Swiss roots named R-Reforged has obtained permission to build 38 additional cars it will sell as pairs. These are continuation cars like the ones made by Alvis, Bentley, and Shelby, among others, but the gap they bridge is much smaller than we're used to. R-Reforged starts with a V12 Vantage platform and keeps the naturally aspirated, 5.9-liter V12 engine. It's tuned to deliver 600 horsepower, a 90-horse increase over the original's rating. Enthusiasts can choose between an automatic transmission and a seven-speed manual. Rear-wheel drive is the only configuration available regardless of pedal count in the driver's footwell. R-Reforged is bringing back the coupe and convertible variants of the Zagato-bodied Aston, and both make extensive use of carbon fiber to keep weight in check. They also gain center-locking 19-inch alloy wheels and a deployable rear wing for added stability. It replaces the much bigger wing fitted to the 101 examples of the car manufactured in the early 2010s. The sky is the limit when it comes to customization; R-Reforged can turn any color sample into a paint color. Customers will have the opportunity to watch their car being built, too. R-Reforged will only sell the 19 coupes and 19 convertibles in pairs, so plan on freeing up two spaces in your garage before reserving a pair of build slots. Act fast, too, because a majority of the production is spoken for, according to the company. Pricing has been set at $2.2 million for the pair. To add context, Aston Martin originally charged GBP330,000 for the V12 Zagato, a figure that converts to approximately $400,000.

Aston may build fewer than 100 Lagonda super saloons

Aston Martin has owned the Lagonda nameplate since the late '40s, but in the roughly 70 years since that acquisition, the use of the name has been kept largely exclusive for four-door models. The two most famous modern Lagondas are the angular, futuristic sedan built in the '70s and '80s and the infamously ugly SUV concept from the 2009 Geneva Motor Show. UK magazine Car claims that the classic name could make its return on a svelte four-door as soon as this summer, which makes sense considering our spy shooters recently caught what looked like a modernized incarnation of the 70s super saloon last month. Interestingly, while Aston Martins are rare birds as-is, Car says that the neo-Lagonda could be even more scarce – its sources suggest that the model could be limited to under 100 units. That's because Aston Martin's Q customization service is reportedly taking up construction duties for the project, and with its small team, that means production is going to be slow, limited and very expensive. Even covered in camo as spied above, there's something special about the new car. The squinting headlights and thin A-pillar echo the '80s model in a modern way and make this four-door look a lot sportier than the Bentley, Maserati and Rolls-Royce models that it will likely compete against. It's rumored to be using composite body panels to keep weight down. The powertrain is said to be an evolution of the Rapide, Aston's sole existing four-door model. The Lagonda would use Aston Martin's 5.9-liter V12 with power tuned to around 600 horsepower, backed by an eight-speed automatic replacing the Rapide's elderly six-speed unit. That would put power just short of an Mercedes-Benz S65 AMG, but the composite panels could lend it a weight advantage. The latest rumor only indicates the Lagonda's unveiling sometime later this summer, with no exact date or location. Still given the relative completeness of the test car, it doesn't look like it could be too far away. We can't wait to see it when the camo comes off.