AML - Stock Market Listing

[Thankyou4calling]

I’d be surprised if LS put a dime of his own money in.

These deals are often packaged in such a way that the personal risk is at most minimal and at best zero.

[KevinBird]

RichB said:

Do you mean Tobias Moers (TM)?

Thanks, now edited

[LooneyTunes]

Jon39 said:

LooneyTunes said:

Something that did get me thinking the other day though: does anyone know how much Stroll personally put into the purchase?

I have copies of the documents, Spring 2020 I think. You don't want me to wade through them all do you?
They are viewable on the Aston Martin website (Investors section).

Mr. Stroll formed a consortium, which included Lord Anthony Bamford and others. Therefore the figure mentioned at the time, was not all his own money.
The total injection of capital also included a share placing and then a rights issue, so presumably most of that was not from LS, although I think he did participate in the rights issue (Mercedes-Benz said they would not).

I don't like the flow of money from AML, to the privately owned racing team.
For such a famous brand name, surely others should pay AML to use the name. Obviously no mention of the annual amount, but I have read estimates of £12 million and more recently £24 million.
Once the Aston Martin name replaced Racing Point, sponsorship money must have dropped from the sky. Numerous new sponsors were announced. Should that help from AML have been sufficient, without taking a big fee from a Company short of spare cash ?

Of course not! It just occurred to me that someone on here would,probably know the number from memory if it was in the public domain.

I think I saw reference a few days ago to the F1 fee being £20 million. If Stroll had been planning on bankrolling his son’s F1 ambitions to the tune of several tens of millions anyway then a stake in AM that delivers a multiple of this whilst retaining some, and possibly increasing in, value would be a very tidy deal.

[KevinBird]

Steve Sutcliffe, one of the few quality motoring journalist left, struggles to find anything positive to say about the V12VT. Another own goal

https://www.evo.co.uk/aston-martin/v12-vantage/204...

Edited by KevinBird on Wednesday 11th May 06:44

[Simpo Two]

KevinBird said:

Steve Sutcliffe, one of the few quality motoring journalist left, struggles to find anything positive to say about the V12VT. Another own goal

'Officially the price starts at £265,000, although don’t get too excited about that because all 333 examples have already sold out'

But they've sold them all. Maybe they should make some more; they'll need any profit to keep paying Mr Stroll.


NB Is that the same Steve Sutcliffe who used to race BMWs in the BTCC?

[RichB]

Simpo Two said:

KevinBird said:

Steve Sutcliffe, one of the few quality motoring journalist left, struggles to find anything positive to say about the V12VT. Another own goal

'Officially the price starts at £265,000, although don’t get too excited about that because all 333 examples have already sold out' But they've sold them all. Maybe they should make some more; they'll need any profit to keep paying Mr Stroll.
NB Is that the same Steve Sutcliffe who used to race BMWs in the BTCC?

It is the same chap.
p.s. I still can't get to like the size of that grill!

[Handyman2009]

They seems to think that Bigger is better just like BMW.... Sad

[Ninja59]

LooneyTunes said:

Interesting. Wonder if they’re genuinely newly arrived, dealers decision not to list yet, or pressure from AM to create perception of sales/scarcity?

Well from what I was told so please take this with caution, Grange were caught out by AM holding stock back and got put on the naughty step.

One car I have in mind (that I was offered) is still not on the timeless site (I presume it has not sold...). Not sure if that was due to it's interesting "history" though being a repo (and yes for confirmation I also got told repossessions were on the up). Although the person connected with that car did a runner....

[Ninja59]

RichB said:

It is the same chap.
p.s. I still can't get to like the size of that grill!

Stolen off the dbx707, was my gut thought.

[SSO]

Jon39 said:

LooneyTunes said:

Something that did get me thinking the other day though: does anyone know how much Stroll personally put into the purchase?

I have copies of the documents, Spring 2020 I think. You don't want me to wade through them all do you?
They are viewable on the Aston Martin website (Investors section).

Mr. Stroll formed a consortium, which included Lord Anthony Bamford and others. Therefore the figure mentioned at the time, was not all his own money.
The total injection of capital also included a share placing and then a rights issue, so presumably most of that was not from LS, although I think he did participate in the rights issue (Mercedes-Benz said they would not).

I don't like the flow of money from AML, to the privately owned racing team.
For such a famous brand name, surely others should pay AML to use the name. Obviously no mention of the annual amount, but I have read estimates of £12 million and more recently £24 million.
Once the Aston Martin name replaced Racing Point, sponsorship money must have dropped from the sky. Numerous new sponsors were announced. Should that help from AML have been sufficient, without taking a big fee from a Company short of spare cash ?

Edited by Jon39 on Tuesday 10th May 19:14

Per AMLs 2021 Annual report, AML is paying AMR £21 million.

[AstonZagato]

Jon39 said:

AstonZagato said:

Certainly the case for me.
My Vanquish S Ultimate gives me more of a fizz than any of the current models.

Looking at your profile AZ, might you consider a DBX, when your Rsnge Rover is due for replacement ?

Sorry, I missed this.

Yes and no.

I'm in the process of replacing it at the moment - or thinking about it.

I have two golden retrievers and the boot looks much smaller/lower-roofed than the more upright Rangie. I do use it offroad so all-terrain capability is important - and exterior needs to be robust. Finally - I prefer a plug-in hybrid as .

I did ask Cambridge before they shut down if they had any stunning deals - but only because the New Range Rover is 18 months delivery.

They didn't so I was less interested.

[Jon39]

SSO said:

Per AMLs 2021 Annual report, AML is paying AMR £21 million.

Thank you SSO.

That is disgraceful.

The way LS talks about his new F1 sponsorship, it is possible that the money put into AML by LS, might now be less than the extra sponsorship (as a consequence of using the Aston Martin name) obtained by his private racing team.

I am not saying there is anything untoward, but surely LS ought to be paying to use the Aston Martin name, not receiving £21 million each year from AML.
All this twaddle about the benefit to AML, with billions of F1 viewers (the live and TV viewers of one race, multiplied by all races), eager to buy Aston Martins.

[jeremyc]

RichB said:

Simpo Two said:

NB Is that the same Steve Sutcliffe who used to race BMWs in the BTCC?

It is the same chap.

Steve Sutcliffe never raced BMWs in BTCC, only a Lexus IS200 (and only then for two races). He also raced in the TVR Tuscan Challenge and in Caterhams.

I think you are probably thinking of Steve Soper

[christof]

Jon39 said:

Thank you SSO.

That is disgraceful.

The way LS talks about his new F1 sponsorship, it is possible that the money put into AML by LS, might now be less than the extra sponsorship (as a consequence of using the Aston Martin name) obtained by his private racing team.

I am not saying there is anything untoward, but surely LS ought to be paying to use the Aston Martin name, not receiving £21 million each year from AML.
All this twaddle about the benefit to AML, with billions of F1 viewers (the live and TV viewers of one race, multiplied by all races), eager to buy Aston Martins.

This all develops into a disaster for AML..., it's a shame how LS is ruining the entire brand.

As MB seems to be out, I hope that Audi will tale care of AML.

Road car business down, F1 team performance a disaster, LS has delivered nothing...

Edited by christof on Wednesday 11th May 18:55

[Simpo Two]

jeremyc said:

Steve Sutcliffe never raced BMWs in BTCC, only a Lexus IS200 (and only then for two races). He also raced in the TVR Tuscan Challenge and in Caterhams.

I think you are probably thinking of Steve Soper

Ah yes! He and Joachim Winkelhock. They won everything. Maybe Stroll should hire them

[Dewi 2]

jeremyc said:

I think you are probably thinking of Steve Soper

Long ago, Steve Soper took part in some speed hillclimbs with me.
He stood out then as a very fast driver.

[ferrisbueller]

John Cleland certainly rated him.

Sorry, hated him.

[RichB]

jeremyc said:

RichB said:

Simpo Two said:

NB Is that the same Steve Sutcliffe who used to race BMWs in the BTCC?

It is the same chap.

Steve Sutcliffe never raced BMWs in BTCC, only a Lexus IS200 (and only then for two races). He also raced in the TVR Tuscan Challenge and in Caterhams.

Ah ha, I was wrong. I wasn't thinking of Soper, I just Googled Sutcliffe and saw that he was a racing driver, jumped to conclusions and made 5.

[kevinon]

Jon39 said:

SSO said:

Per AMLs 2021 Annual report, AML is paying AMR £21 million.

Thank you SSO.

That is disgraceful.

The way LS talks about his new F1 sponsorship, it is possible that the money put into AML by LS, might now be less than the extra sponsorship (as a consequence of using the Aston Martin name) obtained by his private racing team.

I am not saying there is anything untoward, but surely LS ought to be paying to use the Aston Martin name, not receiving £21 million each year from AML.
All this twaddle about the benefit to AML, with billions of F1 viewers (the live and TV viewers of one race, multiplied by all races), eager to buy Aston Martins.

Hmmmm, I suppose the sales spiel would go :AM are giving us £20 m so you Mr Billy Big Brand should be giving us * Multiplier to get F1 and AM sexiness.

What the big brands are getting is a chance to bankroll an F1 vanity project for a rich father / son combo. Poor AM shareholders.

[Peavey123]

Both the F1 business and AML.L are a mess.
I wonder what the common denominator could be?

Shareholders and employees should be revolting, not supporting, this Charlatan.
I can't believe everyone trusts him when he failed at Asprey & Garrard, losing hundreds of millions in the liquidation. Probably other people's money.

I would love to know if he is a bondholder in AML too, doubling his money in 5 years with 10.5 and 15% interest rates.