New Silverstone undertaking holds key for Aston Martin F1 good fortune

Aston Martin is also languishing within the mistaken part of the Method One motor racing constructors’ championship, however Lawrence Walk intends to switch that with a brand new £200 million facility at Silverstone.

The Canadian multi-millionaire who backs the grand prix outfit and his good friend Lord Bamford, the multibillionaire chairman of the JCB diggers crew, a co-sponsor of the Method One workforce and a co-investor with Walk within the indexed Aston Martin Lagonda carmaker, the day before today inserted the primary ceremonial spade into the bottom in what is going to be an 18-month development undertaking.

Otmar Szafnauer, Aston Martin Cognizant CEO and Crew Main was once joined on the floor breaking by means of JCB Chairman Lord Bamford and Aston Martin Government Chairman Lawrence Walk

The brand new 37,000 sq m facility — the scale of 5 soccer pitches — would be the headquarters for the motor racing workforce and consolidates quite a lot of premises that it owns. The brand new production facility is around the street from the Silverstone grand prix circuit in Northamptonshire, the house of British motor racing.

The Aston Martin workforce is wholly break free the carmaker, even though they proportion commonplace possession. The motor racing workforce is owned by means of Walk, who could also be Aston Martin Lagonda’s greatest shareholder. The carmaker will pay the workforce £25 million a 12 months to hold its title.

The undertaking can be Britain’s first all-new Method One manufacturing facility for 17 years, following development of the McLaren Generation Centre in Woking, Surrey. “It’s a brand spanking new, cutting-edge, fit-for-purpose campus,” Walk mentioned. “It’s going to fulfil my ambitions to be preventing for international championships.”

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