Formula 1: Aston Martin CEO Tobias Moers leaves after a clash with owner Lawrence Stroll – Tobias Moers has resigned from the position of CEO at Aston Martin, with former Ferrari CEO and current Aston Martin executive Amedeo Felisa set to take up the role from July 1. According to report, this development happened after chief administrator Lawrence Stroll reportedly clashed with Moers. Follow Formula 1 updates and Miami Grand Prix Live on InsideSport.IN.
Formula 1: BIG DISPUTE at Aston Martin, CEO leaves after CLASH with owner Lawrence Stroll
Reportedly, Moers and Stroll clashed on Aston Martin’s partnership with part-proprietor and innovation supplier Mercedes-Benz. Former Ferrari CEO Roberto Fedeli is tipped to take over as CEO from July, after wrapping up responsibilities with Chinese vehicle fire up Silk-FAW.
Aston Martin to replace chief executive with ex-Ferrari boss https://t.co/R6yr70CqBy
— Financial Times (@FT) May 3, 2022
When inquired as to whether Tobias Moers is as yet the CEO of Aston Martin, a representative of Aston Martin denied to comment and told Drive, ‘We cannot comment on speculation.’ Aston Martin will reportedly hold a profit meeting with financial backers at 4 pm (AEST) today.
Formula 1: BIG DISPUTE at Aston Martin, CEO leaves after CLASH with owner Lawrence Stroll
Moers was introduced as CEO of Aston Martin in 2020, following the departure of the former head Andy Palmer. During his two-year stint, he has directed the rollout of the Aston Martin DBX SUV and Valkyrie hypercar, as well as a Mercedes- AMG-controlled overhaul of the Valhalla supercar.
Under Moers’ administration, Aston Martin has additionally entered the apex of motorsport through an authority Formula One licensing deal. However, this was empowered through Lawrence Stroll and his responsibility to the previous Racing Point (or Force India) group.
Formula 1: BIG DISPUTE at Aston Martin, CEO leaves after CLASH with owner Lawrence Stroll
Editors pick
