The car enthusiasts news blog from Inside Line

Aston Martin sale expected to be announced today

By Bob Holland | March 12, 2007

The announcement of the Aston Martin sale is expected today by Ford. Word has it that it will be sold to group of private investors, in a deal worth about $870 million, so say sources familiar with the situation.

The group is led by auto racing entrepreneur David Richards, a founder of Prodrive Ltd., which runs Aston Martin's racing program. Richards would be backed by Kuwait's Investment Dar Co., among others...

Full story here.

NEWS UPDATE: AM sold for $925 million. Full story here.

Here's Inside Line's take: Ford Puts "Sold" Sign on Aston Martin

Categories: Aston Martin

1 Comment

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ateixeira says:

08:27 AM, 03/15/07

Prodrive will build wonderful Astons. :-)

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