US Billionier Buys Aston Martin F1 Stake

Robert Wood Johnson, heir to the Johnson & Johnson pharmaceutical empire, has purchased a minority stake in Aston Martin's F1 team. The 79-year-old businessman also owns the New York Jets NFL team and acquired a major stake in Premier League football team Crystal Palace last year. tr-sport.click

Johnson's investment adds another prominent American sports owner to the F1 landscape, joining the likes of Gene Haas and McLaren's Zak Brown in owning teams in the sport.