New York Jets Owner Woody Johnson Acquires Stake in F1 Team Aston Martin
- On Thursday, Aston Martin announced New York Jets owner Robert Wood Johnson acquired a minority stake in the Formula One team and joined the board as vice chairman, effective immediately.
- Johnson, an heir to the $20.5 billion Johnson & Johnson pharmaceutical empire, owns the New York Jets after purchasing the NFL franchise for $635m in 2000 and served as U.S. Ambassador to the United Kingdom from 2017 to 2021 under President Donald Trump.
- Executive Chairman Lawrence Stroll welcomed Johnson's investment, stating "we also share a commitment to growing the fanbase in the United States" and supporting the team's commercial growth.
- Aston Martin currently sits 10th in the 2026 constructors' championship with just one point, though the team is introducing a new Honda engine specification at this weekend's Dutch Grand Prix.
- While the team stressed Johnson will not undertake day-to-day management duties, he joins an ownership group including the Yew Tree Consortium, which holds a 33% stake in the organization.
42 Articles
42 Articles
Jets' Woody Johnson buys minority stake in Aston Martin F1 team
Jets’ Woody Johnson buys minority stake in Aston Martin F1 team
New York Jets owner Woody Johnson acquired a minority stake in the Aston Martin Aramco Formula One team and joined the latter's board of directors as vice chairman, effectively immediately. The F1 team announced Thursday that Johnson's focus will be...
Aston Martin continues to accumulate important names on his top page for the Formula 1 project to ascend to the elite. There are figures on the track, with Fernando Alonso as leader of ranks; in the factory, led by Adrian Newey and also in the offices. The group commanded by Lawrence Stroll joins Robert Wood Johnson, a former member of the Trump Administration and American ambassador to the United Kingdom, who acquires a strategic minority parti…
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