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‘The risks are behind us’

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Aston Martin Executive Chairman Lawrence Stroll said the company is set to produce 10,000 vehicles a year by 2025, adding that the company’s “risks are behind us.”

The Canadian billionaire told CNBC he invested $1 billion in Aston Martin and its Formula 1 team and is confident his turnaround plan is paying off.

“I have delivered on every single thing I said to the public since the day I became executive chairman and far surpassed what I promised,” Stroll said in an interview. “The risks are behind us. We have tremendous growth in front of us and a Formula 1 team to market it.”

A consortium of investors led by Stroll took a 16.7% stake in Aston in early 2020, right before the pandemic shut…



Source cnbc.com

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