ASTON MARTIN TO SELL STAKE IN FORMULA 1 TEAM FOR 'SUSTAINABILITY'
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Luxury carmaker Aston Martin Lagonda said on Monday it planned to sell its minority stake in the Aston Martin Aramco Formula 1 team to help turn around its loss-making core business. At the same time, Aston Martin's main shareholder, the Yew Tree Consortium, plans to raise its stake in the group to 33 percent, a statement said.