02 March 2023
Even though Pre-tax losses rose to £495m last year, up from the £213.8m loss the company recorded in 2021, Goldman Sachs feels Aston’s preliminary 2023 figures indicate improvement. Expectations are that the full-year results will show modest signs of recovery.
However, of the ten most influential investment house followers of Aston’s financials, two are positive, five are vacillating, and two are negative, nonetheless an improvement over previous years’ expectations.
Aston Martin appears to be moving positively; they caught the headlines for their impressive turn of speed throughout the three days of F1 testing in Bahrain.
To even happier news, can Aston Martin challenge Ferrari? Fernando Alonso makes a ‘slightly faster’ claim.
Alonso’s race simulation on the final day of testing caught many teams’ attention, producing better times than Mercedes, and Aston Martin’s superior tyre degradation put it on par with Ferrari.
Following Lance Stroll’s push-bike accident whilst training in Spain, Aston has officially confirmed Felipe Drugovich as Stroll’s stand-in if the Canadian can’t race in Bahrain Grand Prix.
Good old Aston. As fascinating as ever.