Ford confirms Richards’ Aston Martin buyout
Quote selected text Published by F1 Editor March 12th, 2007 in Formula 1
With a news conference and statement on Monday, Ford rubber-stamped the sale of Aston Martin for $848 million to a US and Middle Eastern consortium headed by UK-based Prodrive’s David Richards.
Richards, to lead Prodrive into formula one next year, will be non-executive chairman of Aston Martin.
It also emerged that Sheikh Maktoum Hasher Maktoum al-Maktoum - the now departed founder of the A1 GP series - could invest in Aston Martin.
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