Woody Johnson buys minority stake in F1 team
NBC Sports • • sports
Key Points:
- Woody Johnson has purchased a minority stake in the Aston Martin Formula 1 team and will join its board of directors as vice chairman.
- Johnson expressed admiration for Aston Martin's history and Lawrence Stroll's leadership, citing his experience as U.S. ambassador to the UK.
- This investment adds to Johnson's sports portfolio, which includes ownership of the NFL's New York Jets since 2000 and a 43 percent stake in Premier League club Crystal Palace.
- Johnson's involvement in multiple sports ventures may reduce his focus on the Jets, who last made the playoffs in 2010.
