Aston Martin Lawrence Stroll, the Canadian billionaire who made his name investing in the fashion and motor-racing sectors, is to pay around $263 million for an up-to-20% stake in Aston Martin, the ailing British carmaker. CEO Andy Palmer: "He brings with him his experiences and access to his Formula 1 team. We’ve talked a lot in the past few years about wanting to be clearly rooted in luxury and obviously Mr Stroll knows an awful lot about luxury." CNBC