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League: EPLSport: SoccerCountry: EnglandCategory: Trades

Robert Wood Johnson acquires minority stake in Aston Martin F1 team

Yahoo Sports • 2 min read • Latest: Aug 20, 2026, 3:51 PM

Last updated Aug 20, 2026

Robert Wood Johnson acquires minority stake in Aston Martin F1 team
Summary

Aston Martin has sold a minority stake in its Formula 1 team to Robert Wood Johnson, who becomes vice chairman of the board. Johnson, a billionaire and heir to the Johnson & Johnson pharmaceutical empire, is also the owner of the New York Jets and a significant stakeholder in Premier League club Crystal Palace. His involvement is aimed at enhancing the team's commercial growth in the United States, a key market for Formula 1 development. Johnson expressed enthusiasm for partnering with Aston Martin owner Lawrence Stroll to build a competitive organization in the sport.

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Key Details
  • •Robert Wood Johnson joins Aston Martin as vice chairman.
  • •He is a significant stakeholder in Crystal Palace and owner of the New York Jets.
  • •Johnson aims to help grow Aston Martin's fanbase in the U.S.
  • •Lawrence Stroll believes Johnson's experience will strengthen the team.
  • •Johnson served as U.S. ambassador to the UK from 2017 to 2021.
Latest Updates
  • 5:55 PMYahoo Sports — Aston Martin F1 Sells Minority Stake to Former USA Ambassador to UK
  • 3:51 PMAutosport — US billionaire Robert Wood Johnson acquires minor Aston Martin F1 stake
  • 3:46 PMYahoo Sports — US billionaire Woody Johnson acquires minor Aston Martin F1 stake
  • 3:46 PMMotorsport.com — US billionaire Woody Johnson acquires minor Aston Martin F1 stake
What they're saying
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Aston Martin has sold a minority stake in its Formula 1 team to US billionaire Robert Wood Johnson, who joins the board of directors as vice chairman. Johnson, an heir of the Johnson & Johnson pharmaceutical empire, also owns the New York Jets NFL team and acquired a major stake in Premier League football team Crystal Palace last year. The 79-year-old is a long-time donor of US president ...Keep reading

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Aston Martin has sold a minority stake in its Formula 1 team to US billionaire Robert Wood Johnson, who joins the board of directors as vice chairman. Johnson, an heir of the Johnson & Johnson pharmaceutical empire, also owns the New York Jets NFL team and acquired a major stake in Premier League football team Crystal Palace last year. The 79-year-old is a long-time donor of US president ...Keep reading

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Aston Martin F1 announced minority stake acquisition from Robert Wood Johnson, who will join the Board of Directors with immediate effect. In a surprise announcement, Aston Martin F1 confirmed a minority stake sale on the eve of Dutch GP, post…

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