Aston Martin defends Valkyrie supercar after £15m hit to profits

Mr Stroll said he was “extremely pleased that our core business has delivered to plan,” referring to the sales the company made in its luxury cars, such as the DB11 and DBX SUV, which performed well while the supercar business struggled.

He added: “It is a very long time since the core business was in such good health as it is today.”

Despite this praise, Autocar reported that Mr Moers’ future was at risk following the departure of a string of senior executives.

The latest to leave is Kenneth Gregor, chief financial officer, who announced his resignation last month.

While the company insisted he left for personal reasons, the move spooked investors and sent the shares down 7pc.

Mr Stroll told the Financial Times that Mr Moers has his full confidence.

Aston has about £809m of debt compared to a market value of £1.7bn.

The car maker, based in Gaydon, Warwickshire, releases its annual results in February. It is likely to post a loss of £237m for the year, according to analyst estimates, a better performance than 2020’s £299m loss.

A key test for the company will be the sales of its new luxury SUV, the DBX, said Andrew Burn, UK Head of Automotive at advisors Interpath.

He said: “The key thing for Aston Martin is how the DBX performs in the marketplace and the volumes.”

The company launched a DBX variant in China for which it has high hopes in 2022.

Aston Martin and McLaren are unusual in not having a larger brand owning them and rumours of a deal between VW and supercar maker McLaren – denied by both companies – again focused attention on Aston Martin, said Mr Burn.

He said: “If Volkswagen buys McLaren what does that mean for Aston Martin? How can Aston Martin compete with that, given that they won’t have as deep pockets?”

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