Home / Sports / Jets Owner Woody Johnson Buys Stake in Aston Martin F1
Jets Owner Woody Johnson Buys Stake in Aston Martin F1
21 Aug
Summary
- Woody Johnson acquired a minority stake in Aston Martin's Formula 1 team.
- He joins the F1 team's board of directors as vice-chairman.
- The investment occurs while Aston Martin F1 struggles in the constructors' championship.
Woody Johnson, the owner of the New York Jets and heir to the Johnson & Johnson fortune, has acquired a strategic minority stake in Aston Martin's Formula 1 team. Johnson, who previously served as the U.S. Ambassador to the United Kingdom, will now join the F1 team's board of directors as vice-chairman.
Aston Martin's statement highlighted Johnson as an ideal partner due to his extensive experience with sports franchises and influential network. This investment arrives as the F1 team faces significant challenges on the track, currently sitting 10th in the 2026 constructors' championship after a difficult start to the season.
Despite recent struggles with car performance and reliability, Aston Martin maintains ambitions for future championship contention. Lawrence Stroll, the team's executive chairman, expressed enthusiasm for Johnson's investment, emphasizing the strengthened position it provides. Johnson cited his appreciation for Aston Martin's history and Stroll's vision, expressing excitement to contribute to the team's development and growth, particularly in the United States market.
