Aston Martin F1 team sells stake to former Donald Trump ambassador

Johnson, commonly known as Woody Johnson, has acquired what Aston Martin describes as a "strategic minority stake". The exact size of the shareholding and the financial terms of the investment have not been disclosed.

The 79-year-old will join Aston Martin's board of directors as vice-chairman with immediate effect. However, his arrival will not change the day-to-day leadership of the Formula 1 team, with Lawrence Stroll remaining executive chairman and controlling shareholder.

"His deep appreciation for our brand, combined with his commitment to innovation and commercial opportunity, makes him an ideal partner as we look to the future.”

Johnson is a major figure in American sport and business. He is an heir to the Johnson & Johnson fortune and has owned NFL franchise the New York Jets since 2000. He also has an interest in English football after acquiring a 43 per cent stake in Premier League club Crystal Palace in 2025.

The American also has strong ties to the United Kingdom. Johnson served as US ambassador to the UK between 2017 and 2021 after being appointed by President Donald Trump.

Johnson said in a statement on Aston Martin's website: "During my time as US Ambassador to the United Kingdom, I have developed a deep appreciation for Aston Martin's rich history, as well as Lawrence Stroll’s strategic vision and entrepreneurial spirit.

The news comes at a time when star driver Fernando Alonso is yet to decide on his F1 future. Chief Trackside Officer Mike Krack said on Thursday: "Yeah, I mean the discussion has been going on for many, many months already. I think Fernando was always saying that he will take a decision around the summer time. And I think we will see a decision in the coming weeks."