US Billionaire Buys Stake in Aston Martin F1

Robert Wood Johnson, heir to the Johnson & Johnson pharmaceutical empire, has expanded his sports portfolio by acquiring a minority stake in Aston Martin's Formula 1 team. The 79-year-old businessman, who also owns the New York Jets NFL team and recently purchased a significant stake in Crystal Palace Football Club, joins Aston Martin's board as vice chairman. xsportfeed.quest