Robert Wood Johnson acquires minority stake in Aston Martin F1 team, becomes vice chairman

American billionaire Robert Wood "Woody" Johnson has acquired a minority stake in the Aston Martin Aramco Formula One team and joined its board of directors as vice chairman, the team announced on August 20, 2026. The 79-year-old investor, owner of the NFL's New York Jets and a shareholder in Premier League club Crystal Palace, will focus on supporting the team's commercial growth, particularly in the United States, but will not be involved in day-to-day management.

Johnson, heir to the Johnson & Johnson pharmaceutical fortune, purchased the strategic stake immediately ahead of the Dutch Grand Prix weekend. The exact size of the shareholding and financial terms have not been disclosed, though speculation has suggested it could be around 15 percent. This investment adds him to an ownership group that includes executive chairman Lawrence Stroll's Yew Tree consortium, the Saudi Arabian Public Investment Fund, and other stakeholders.

In a joint statement, both Johnson and Stroll expressed enthusiasm for the partnership. Johnson cited his appreciation for the team's heritage and Stroll's vision, developed during his tenure as U.S. Ambassador to the United Kingdom from 2017 to 2021....