The new facilities would cover an extra 10,000 square metres—nearly two-and-a-half-acres—and the major development work was due to be completed in 2015.

Aston Martin’s chief financial officer, Hanno Kirner. said: “The investment in our Gaydon HQ forms part of our long-term strategy which is focused around being the number one British luxury sports car brand.”

Mr Kirner added: “We have confirmed that the coming years will see Aston Martin implementing the biggest investment programme in the 101-year history of the brand, with a plan to invest over £500 million into the company’s next generation of high performance sports cars.”