2019 Aston Martin Vantage Coupe on 2040-cars

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Canadian billionaire Lawrence Stroll leads $240 million Aston Martin investment

After months of rumors and speculation, Canadian billionaire Lawrence Stroll confirmed he led the purchase of a 16.7% stake in Aston Martin for GBP182 million ($239 million). The investment is part of a GBP500 million ($656 million) round of emergency funding that will help the British automaker overcome serious financial challenges. Yew Tree Overseas Limited, a consortium of international investors led by Stroll, built its stake by buying 45.6 million new ordinary Aston Martin shares on the London Stock Exchange, according to Autocar. Aston Martin raised the remaining GBP318 million ($417 million) by giving existing investors the opportunity to buy more shares, the BBC learned. It's not a full bailout, but it's close. Aston Martin ended 2019 in dire financial straits. Stroll will replace Penny Hughes as Aston Martin's chairman; CEO Andy Palmer is expected to keep his job. Several sources confirmed the Racing Point Formula One team owned by Stroll will be rebranded Aston Martin after the 2020 season, and Autocar reported the company will quickly need to eliminate jobs and slash costs. "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. Without this, the balance sheet is not robust enough to support the operations of the group," Hughes admitted in an interview with the BBC. Stroll's' appointment to the Aston Martin board comes as the company prepares to overhaul its product plan. It notably confirmed the rumors claiming it put the battery-powered Rapide project on the back burner until further notice, and it delayed plans to revive the Lagonda nameplate on a series of extra-luxurious electric vehicles until after 2025. The first car was originally scheduled to reach the market in 2022, but the battery technology is expensive to develop, and Aston must save about 10 million pounds (around $13 million) annually. The firm will instead focus on mid-engined sports cars. Still according to Autocar, it will begin delivering the 1,160-horsepower Valkyrie hypercar this year, and it's on track to launch the Valhalla in 2022. The Vanquish will go mid-engined shortly after. Delaying electric cars doesn't mean abandoning electrification, and Aston Martin hopes to release "a fuel-efficient, modular V6 engine with hybrid capabilities" by the middle of the 2020s.

Tesla Model S squares off against Aston Martin Rapide S

Can the Tesla Model S electric motor's 443 pound-feet of torque from zero rpm and equivalent of 416 horsepower trump the Aston Martin Rapide S V12's 457 lb-ft from 5500 rpm and 550 hp? Autocar attempts to answer that question by drag racing them - which only leads us to ask more questions. Which is the fastest around a race track? Is the Tesla's relatively low top speed of 130 miles per hour (the Rapide S can reach 190 mph) forgivable in light of its astounding torque? Does that even matter?
We hope Autocar's Steve Sutcliffe will pit the Tesla and the Aston Martin against each other again in the near future to answer those questions, and pick once and for all which one is the preferred luxury sedan. But until then he entertains us in the video below by raving about the Model S's attributes, pitching it into medium-speed sweepers and getting it a bit sideways with nothing but road and tire noise permeating the cabin - something people in the UK can experience for themselves once right-hand-drive cars go on sale there this spring.

Aston Martin Vantage Roadster limited edition gets 100-year-old styling cues

Aston Martin's oldest-known car is turning 100 years old in 2021, and the British firm is celebrating the occasion with a limited-edition Vantage Roadster built by its Q division. It was commissioned by the company's oldest dealer. Located in Walton-on-Thames in England, distributor Aston Martin HWM worked with Q to bring some of the 1921 A3's design cues into the 21st century. The process was easier said than done considering the A3 and the Vantage share little more than four wheels, and creating a completely new car from the ground up was seemingly not an option.  Instead, the commemorative car is a Vantage Roadster that wears a specific grille with a black mesh insert, a bright aluminum frame, and a replica of the emblem fitted to the A3. It also gains redesigned fender inserts painted in a shade of gray that echoes the A3's hood and fitted with black strap above a "No_3" emblem. Most of the Vantage's exterior trim is black, and bronze brake calipers visible behind 20-inch wheels add a finishing touch to the look. Obsidian Black leather dominates the cabin, though Chestnut Tan inserts and stitching ensure the Vantage isn't fully blacked-out. One of the coolest design features found in this limited-edition convertible is the use of brass for three of the dials found on the center stack. They create a visual link between the 2021 Vantage and the 1921 A3. Aston Martin made no retro changes under the hood, which is just as well considering the A3 used a 1.5-liter four-cylinder engine rated at 11 horsepower. Power for the Vantage comes from a 4.0-liter V8 borrowed from Mercedes-AMG and twin-turbocharged to develop 503 horsepower and 505 pound-feet of torque. It spins the rear wheels via an eight-speed automatic transmission. Aston Martin quotes a 3.6-second sprint from zero to 60 mph and a top speed of 190 mph. For context, the A3 made headlines in 1923 by lapping the Brooklands track at 84.5 mph. The 1920s-inspired Vantage is on sale now, though Aston Martin chose not to reveal how many units will be made, how much each one will cost, and whether any will be sold in America. We've contacted the firm for more details. As for the A3, it's not for sale, even if you ask nicely and bring a big wad of cash; it's owned by the Aston Martin Heritage Trust. It will be shown at the annual Concours of Elegance taking place in September 2021 near London. Related video: Aston Martin DBX crossover review