Back to today’s briefing

Story perspectives

Woody Johnson Joins Aston Martin F1 as Vice Chairman

8/21/2026

22 5 Full Breakdown

Summary

Story summary

Woody Johnson acquired a minority stake in Aston Martin’s Formula 1 team and became vice chairman.
Johnson joined the board immediately after the 20 August 2026 announcement.
Johnson will focus on expanding the team’s commercial presence in the United States.
Lawrence Stroll remains executive chairman of the Aston Martin F1 outfit.
Stroll also retains controlling shareholder status in the team.

History

Historical Context

Ford turned Stewart Grand Prix into Jaguar Racing in 1999, but after five seasons and about £500 million spent the team was put up for sale. On 15 November 2004 Red Bull bought the struggling outfit for a symbolic £1, promising at least £200 million and relaunched it as Red Bull Racing in 2005. Johnson’s 2026 minority stake in Aston Martin F1 mirrors this trans-Atlantic investment approach.

1 of 2

Story summary

Woody Johnson acquired a minority stake in Aston Martin’s Formula 1 team and became vice chairman.
Johnson joined the board immediately after the 20 August 2026 announcement.
Johnson will focus on expanding the team’s commercial presence in the United States.
Lawrence Stroll remains executive chairman of the Aston Martin F1 outfit.
Stroll also retains controlling shareholder status in the team.

1 / 2