New York Jets owner Woody Johnson acquires stake in F1 team Aston Martin

New York Jets owner Woody Johnson acquires stake in F1 team Aston Martin 1 of 2 | New York Jets owner Woody Johnson, left, walks on the field during a joint practice with the Tampa Bay Buccaneers at an NFL football training camp in Florham Park, N.J., Tuesday, Aug. 11, 2026. (AP Photo/Seth Wenig,File) 2 of 2 | Aston Martin driver Lance Stroll of Canada steers his car during the Formula One Hungarian Grand Prix auto race, at the Hungaroring racetrack in Mogyorod, near Budapest, Hungary, Sunday, July 26, 2026. (AP Photo/Darko Vojinovic) 1 of 2 | New York Jets owner Woody Johnson, left, walks on the field during a joint practice with the Tampa Bay Buccaneers at an NFL football training camp in Florham Park, N.J., Tuesday, Aug. 11, 2026. (AP Photo/Seth Wenig,File) 1 of 2 New York Jets owner Woody Johnson, left, walks on the field during a joint practice with the Tampa Bay Buccaneers at an NFL football training camp in Florham Park, N.J., Tuesday, Aug. 11, 2026. (AP Photo/Seth Wenig,File) Add AP News on Google Add AP News as your preferred source to see more of our stories on Google. Share 2 of 2 | Aston Martin driver Lance Stroll of Canada steers his car during the Formula One Hungarian Grand Prix auto race, at the Hungaroring racetrack in Mogyorod, near Budapest, Hungary, Sunday, July 26, 2026. (AP Photo/Darko Vojinovic) 2 of 2 Aston Martin driver Lance Stroll of Canada steers his car during the Formula One Hungarian Grand Prix auto race, at the Hungaroring racetrack in Mogyorod, near Budapest, Hungary, Sunday, July 26, 2026. (AP Photo/Darko Vojinovic) Add AP News on Google Add AP News as your preferred source to see more of our stories on Google. Share SILVERSTONE, England (AP) — New York Jets owner Woody Johnson has bought a minority stake in Formula 1 team Aston Martin.The British racing team didn’t disclose financial terms but said the former U.S. ambassador to the United Kingdom will focus his attention on “commercial growth, especially in the United States.”In addition to his controlling interest in the NFL club, Johnson owns a stake in Premier League soccer club Crystal Palace.Johnson will join Aston Martin’s board of directors as vice chairman but won’t undertake any day-to-day management duties, the team said.Aston Martin executive chairman and controlling shareholder Lawrence Stroll will continue to manage and control the company. He said Johnson’s “experience, passion and investment further strengthen our position as we enter the next phase of our competitive journey. “His deep appreciation for our brand, combined with his commitment to innovation and commercial opportunity, makes him an ideal partner as we look to the future,” Stroll said.Aston Martin’s announcement noted Johnson’s “considerable network of influential relationships.”Johnson said that during his time as ambassador to the U.K. during President Donald Trump’s first term, he “developed a deep appreciation for Aston Martin’s rich history” and Stroll’s vision. 1 MIN READ 3 MIN READ 1 MIN READ “We also share a commitment to growing the fanbase in the United States and introducing even more fans to the excitement of Formula 1,” Johnson said in the announcement.___See AP’s full auto racing coverage here