Aston Martin has sold a minority stake in its Formula 1 team to US billionaire Robert Wood Johnson, who joins the board of directors as vice chairman.
Johnson, an heir of the Johnson & Johnson pharmaceutical empire, also owns the New York Jets NFL team and acquired a major stake in Premier League football team Crystal Palace last year.
The 79-year-old is a long-time donor of US president Donald Trump, and served as US ambassador to the UK between 2017 and 2021 following Trump’s election.
Johnson has now been brought in by Aston owner Lawrence Stroll to advance the Silverstone team’s commercial growth in the US,
