The British manufacturer of luxury and high-performance cars Aston Martin saw its share value rise 24.66% on the London Stock Exchange on Monday. The titles of the British firm were advancing the aforementioned percentage at mid-morning, just one day after the Spanish driver Fernando Alonso climbed to the podium in his first race with Aston Martin. However, the experts consulted do not dare to attribute the increase exclusively to the sports competition, although they do not rule out that it has helped.
Today’s is a very unusual rally, although the upward trend dates back to last week, before the race. The rally then began after the company reported strong 2022 results and forecast it will be able to ramp up deliveries in the second half of the year as supply chain shortages ease.
“It could be that some shorts will cover or improve the general perception thanks to the reassuring results of fiscal year 22. Although it is also possible that the performance of F1 has something to do with it,” said Anthony Dick, automobile analyst at Oddo BHF. , in statements to the Bloomberg agency.
Alonso finished third in the competition, the first in the Formula 1 World Championship, while Canadian driver Lance Stroll, who was also driving Aston Martin, finished the race in sixth position.
Alonso’s good result has raised some bubbles among rival Aston Martin teams. The clearest has been Helmut Marko, ex-driver and advisor to Red Bull, who has accused Dan Fallows, a former member of his team, of having copied the car from the box of energy drinks. The Austrian’s theory is that both have a very suspicious resemblance, which is why he has come to declare: “We had three Red Bulls on the podium.”
