Aston Martin issues another profit warning and sells F1 naming rights for £50m

Struggling British carmaker says earnings for 2025 will be worse than City forecasts as US tariffs hit salesAston Martin has again warned its profits will be lower than expected and sold its permanent naming rights to its Formula One team, as the struggling British carmaker battles to stabilise its finances.The luxury carmaker, majority owned by the Canadian billionaire Lawrence Stroll, said its earnings for 2025 would be worse than City forecasts, its fifth profit warning since September 2024. Continue reading...