Ford confirms Richards’ Aston Martin buyout

Mon, 12 March 2007, 05:07

With a news conference and statement on Monday, Ford rubber-stamped the sale of Aston Martin for $Prodrive8 million to a US and Middle Eastern consortium headed by UK-based Prodrive’s David Richards.

Richards, to lead Prodrive into formula one next year, will be non-executive chairman of Aston Martin.

It also emerged that Sheikh Maktoum Hasher Maktoum al-Maktoum – the now departed founder of the A1 GP series – could invest in Aston Martin.

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