Crystal Palace owner Johnson acquires stake in Aston Martin F1 team

Aston Martin: Crystal Palace and New York Jets owner Woody Johnson buys stake in British Formula 1 team Crystal Palace and New York Jets owner Woody Johnson has acquired a stake in the Aston Martin Formula 1 team; watch Dutch Grand Prix practice live on Sky Sports F1 at 11.30am on Friday, with Sprint Qualifying following at 3.30pm Thursday 20 August 2026 16:57, UK American billionaire Woody Johnson has bought a minority stake in the Aston Martin Formula 1 team. Johnson is the owner if NFL side - the New York Jets - and has a 43 per cent stake in Premier League side Crystal Palace. His family business, Johnson & Johnson, is estimated at a net valuation of $20.5b (£15.1m), as of June 2026. - Dutch GP: UK schedule and how to watch on Sky Sports - F1 2026 standings | F1 2026 calendar | F1 Gossip Column - Download the Sky Sports app for expert analysis, best video & more📱 - Not got Sky? Latest Sky Sports deals or stream F1 with no contract 📺 Johnson will join the Aston Martin board of directors as vice chairman with immediate effect but his stake amount is currently unclear. Lawrence Stroll currently owns 33 per cent of the team with the remaining 67 per cent split among several high-profile private equity firms, sovereign entities, and strategic investors. Aston Martin said: "The investment further demonstrates the strong appeal and positive momentum of the team at a time of unprecedented growth for Formula 1, particularly in the United States. "Johnson's focus will be to support the team's commercial growth, especially in the United States, but he will not undertake any day-to-day management duties. As executive chairman and controlling shareholder, Lawrence Stroll will continue to manage and control the company." Aston Martin are currently 10th in the Constructors' Championship after a poor first half of the season and start to their new power unit partnership with Honda. A combination of Aston Martin starting work on their 2026 car late and Honda not meeting their targets for the new power unit regulations has put them on the back foot. However, they brought an upgrade to the last race in Hungary and Honda have an engine upgrade at this weekend's Dutch Grand Prix. Sky Sports F1's live Dutch GP schedule Friday August 21 11am: Dutch GP Practice (session starts at 11.30am) 12.55pm: F1 Academy Practice 2.30pm: Team Bosses' Press Conference 3pm: Dutch GP Sprint Qualifying (session starts at 3.30pm) Saturday August 22 8.15am: F1 Academy Qualifying 10am: Dutch GP Sprint build-up 11am: DUTCH GP SPRINT* 1.30pm: F1 Academy Race 1 2.20pm: Dutch GP Qualifying build-up* 3pm: DUTCH GP QUALIFYING* 5pm: Porsche Supercup Race 1 Sunday August 23 9.35am: F1 Academy Race 2 10.50am: Porsche Supercup Race 2 12.30pm: Grand Prix Sunday: Dutch GP build-up 2pm: THE DUTCH GRAND PRIX 4pm: Chequered Flag: Dutch GP reaction *also on Sky Sports Main Event The Formula 1 season resumes after the summer break with a Sprint weekend at the Dutch Grand Prix from Friday, with every session live on Sky Sports. Stream Sky Sports with NOW - no contract, cancel anytime [Image text:] Formula1 Miami Formula1 Miami Formula1