Woody Johnson acquires minority stake in Aston Martin F1 team

Woody Johnson, owner of the NFL's New York Jets, has purchased a minority stake in the Aston Martin F1 team. He will take on the role of vice chairman on the team's board of directors. Johnson, who previously served as the U.S. ambassador to the United Kingdom, expressed admiration for Aston Martin's history and its leadership under Lawrence Stroll. This acquisition follows Johnson's ownership of the Jets since 2000 and his stake in Crystal Palace of the Premier League. His involvement in multiple sports teams may dilute his focus on the Jets.

• 3:41 AMYahoo Sports — Woody Johnson buys minority stake in F1 team