We've learned a few things about Aston Martin this week. One, that's it's new Formula 1 car, the AMR22, proved solid on day one of testing in Barcelona. Sebastian Vettel ended up sixth in the standings with a 1:21.276 and 52-laps completed, while Lance Stroll was thirteenth on a 1:23.327 after 67 laps. Day two of testing is currently under way as we write. Aston has also announced that it's continuing to supply the official safety and medical cars for the 2022 F1 season.
Perhaps more significantly to Aston's long-term plans was its release concerning last year's financial result. And in a rare bit of good news it makes solid reading to accountants and fans of the brand alike. Naturally, the pandemic skewed the results somewhat, but between December '20 and December '21, the company sold 6,178 vehicles, which is 82 per cent more than the 3,394 it sold the year before. That translated to increased revenue , which stands at £1.1 billion.
Stroll said,"My second year as Executive Chairman of this iconic and great company has been another of significant progress. We have successfully transitioned our operating model to that of an ultra-luxury performance brand, with customer demand well ahead of supply. Our core business is strong and delivered to plan, with substantially improved profitability."
As for the future, his statement noted:"We have a strong pipeline of extraordinary products to come with both DBX707 and V12 Vantage this year and a new generation of front-engine cars for 2023. This high-performance new portfolio will command stronger pricing and profitability compared with the past, driving delivery of our financial targets.
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