The Aston Martin brand will be in Formula One for decades to come, team owner Lawrence Stroll said on Monday after the sportscar maker announced the sale of its stake in the Silverstone-based outfit.

Lawrence Stroll, Aston Martin has increased his investment in Aston Martin after Aston Martin Lagonda sold it's stake of Aston Martin's Formula 1 team.

Aston Martin Lagonda Global Holdings Plc’s Executive Chairman Lawrence Stroll said he would be open to taking the luxury carmaker private in future after announcing a plan to inject more funds.Most Read from BloombergGold-Rush Fever Returns to Historic New Zealand Mining TownWhat Frank Lloyd Wright Learned From the DesertBank Regulators Fight for Desks as OCC Returns to New York TowerThese US Bridges Face High Risk of Catastrophic Ship StrikesCharter Schools,