Jets' Woody Johnson Buys Stake in Aston Martin Aramco F1 Team

New York Jets owner Woody Johnson is entering a new business endeavor.

According to Jack Bell of NYJets.com, Johnson has acquired a stake in Aston Martin Aramco Formula One Team. He will also join Aston Martin's board of directors as the vice chairman.

Johnson, the former US Ambassador to the United Kingdom, said his experience led to a "deep appreciation" for the car brand.

"During my time as US Ambassador to the United Kingdom, I have developed a deep appreciation for Aston Martin's rich history, as well as Lawrence Stroll's [the Aston owner] strategic vision and entrepreneurial spirit," Johnson said in the official Aston Martin announcement.

"I am excited to partner with him and contribute to the continued development of the team, with the ambition of building an organization capable of competing at the very highest level of the sport. We also share a commitment to growing the fanbase in the United States and introducing even more fans to the excitement of Formula 1."

According to ESPN's Rich Cimini, Johnson will handle the team's commercial growth, with a focus on the United States. He won't be involved in any day-to-day management duties.

Johnson has owned the Jets since 2000, when he purchased them for $635 million. He also purchased a 43 percent stake in Crystal Palace of the English Premier League in 2025 for $254 million, per Cimini.

Johnson said in a statement that he aims to partner with Stroll with  "ambition of building an organization capable of competing at the very highest level of the sport" and wants to continue growing the sport of F1 in the United States.

Johnson and the Jets are well known across the pond, as the team holds international marketing rights for the United Kingdom and Ireland as part of the NFL's Global Markets Program. New York has played four regular-season games in London.

While Johnson will have an eye on his new Formula 1 team, he'll keep his focus on trying to get the Jets back to relevancy. The team is in a 15-year playoff drought and figures to be in for another tough year in 2026.