Aston Martin issues another profit warning and sells F1 naming rights for £50m

Struggling British carmaker says earnings for 2025 will be worse than City forecasts as US tariffs hit sales

Aston Martin has warned that its losses will be worse than expected and sold its permanent naming rights to its Formula One team, as the struggling British carmaker battles to stabilise its finances.

The luxury carmaker, majority-owned by the Canadian billionaire Lawrence Stroll, said its earnings for 2025 would be worse than City forecasts, its fifth profit warning since September 2024.

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Hosts Italy voice ‘absolute opposition’ to Russia flag flying at Winter Paralympics

  • Italian government urges IPC to reconsider its stance

  • Russian and Belarusian athletes to compete under flags

Italy, the Winter Olympic hosts, has called for a reversal of the decision to let 10 Russian and Belarusian athletes compete with national flags and anthems at next month’s Paralympic Games.

The foreign minister Antonio Tajani and sports minister Andrea Abodi urged the International Paralympic Committee to reconsider its stance due to Russia’s four-year-old invasion of Ukraine, saying it contradicted the Olympic spirit.

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