US billionaire Woody Johnson takes minority stake in Aston Martin F1
New York Jets owner Woody Johnson has acquired a minority stake in the Aston Martin Formula 1 team. He joins the board as vice chairman with immediate effect and will focus on commercial growth, especially in the United States. The deal was announced on August 20, 2026, ahead of the Dutch Grand Prix at Zandvoort.
Ownership change confirmed ahead of Dutch GP
New York Jets owner Woody Johnson acquired a minority stake in the Aston Martin Aramco Formula 1 team. [1] He joins the board of directors as vice chairman with immediate effect. The British team did not disclose financial terms of the transaction. Johnson will focus on commercial growth, with particular attention to opportunities in the United States. The announcement came on August 20, 2026, one day before the Dutch Grand Prix at Zandvoort. [1]
Background and role
Johnson, a 79-year-old billionaire and former US ambassador to the United Kingdom, adds the F1 team to his sports portfolio that already includes the NFL's New York Jets and Crystal Palace. [2] Aston Martin stated that his business interests could provide valuable global opportunities for the team. He will not take on day-to-day management responsibilities. [2]
The move aligns with the team's presence at the Zandvoort circuit for the 2026 Dutch Grand Prix weekend. [3]
Related reading
- [1]New York Jets owner Woody Johnson acquires minority stake in Aston Martin (formula1). Accessed 2026-08-21.
- [2]Jets owner Woody Johnson buys stake in Aston Martin F1 team (espn). Accessed 2026-08-21.
- [3]US billionaire Woody Johnson acquires minor Aston Martin F1 stake (motorsport). Accessed 2026-08-21.