CRISIS: Aston Martin F1 Faces Bankruptcy SHOCK!
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 Published On May 6, 2024

CRISIS: Aston Martin F1 Faces Bankruptcy SHOCK!

In a startling development, the Aston Martin Formula 1 team has reported a staggering loss of £53 million for the 2022 season. This is huge, but now comes the question - Is Aston Martin F1 teetering on the edge of bankruptcy? So, let’s dive into this video to uncover the truth behind
this alarming situation. Aston Martin, the renowned sports car manufacturer, faced a significant financial setback in 2022. Despite a 26% increase in sales to £1.4 billion, the company reported a substantial rise in losses, doubling from £214 million to £495 million. This financial strain was attributed to heavy investments in new models and grappling with supply chain issues affecting the entire global car industry.
In response to these financial challenges, Aston Martin underwent a reorganization, now operating under AMR GP Limited, a subsidiary of AMR GP Holdings Limited. However, despite a surge in turnover by over £32 million from sponsorships and prize money, the team experienced a larger loss. This was particularly evident in increased costs during the inaugural
year of new racing regulations.

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