Vettel has bought shares in Aston Martin

Date published: October 9 2020

Sebastian Vettel

Sebastian Vettel won’t only be racing for Aston Martin next season, he will also be an investor having bought shares in the company.

Last month Racing Point announced that Vettel is joining the team next season, having signed a deal for “2021 and beyond”.

Vettel recently explained that he was persuaded to join the team, which will be renamed Aston Martin next year, by team owner Lawrence Stroll.

The Ferrari driver stated that he believes in the project, so much so that he has even bought shares in Aston Martin.

“Everybody is free to do what they want with their money, Aston Martin is a public company and everyone is free to invest in the company,” Vettel said in the build up to the Eifel Grand Prix.

“If you’re asking if I have shares in the company? I have.

“How much? I think it’s a secondary thing which I won’t talk about.

“I believe in the project.

“I decided to go with the project and I am excited to see what happens when we kick off next year and I am starting for a new team.”

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Sebastian Vettel Ferrari

Vettel and Stroll aren’t the only two people in the paddock who have bought shares in Aston Martin with Toto Wolff also buying a few earlier this year.

That led to rumours that the Austrian could ditch Mercedes in favour of Aston Martin at the end of the 2020 season.

Wolff, though, has yet to announce his plans for next season.

“I just know that I love the people, I really enjoy working with the Daimler board and Ola Kallenius [Daimler chairman], and I love the stopwatch – and that’s pretty much keeping me in the team, whatever that could mean for the future,” the official F1 podcast, F1 Nation.

“I think I have responsibility for everybody at Mercedes and like with any senior position in the past, we are looking at the future.

“We don’t want to lose any senior capability but equally not be a bottleneck for talent.

“We’ve done that in the past with Paddy [Lowe, who left his role as Mercedes’ Executive Director (Technical) in 2016] and Mark Ellis [the team’s former Performance Director, who left in 2018] and a few others.

“And that’s why I wouldn’t take myself out of the same principle or system.”

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