Lawrence Stroll ‘in early talks’ to sell 25% of Aston Martin F1 team
Lawrence Stroll is reportedly prepared to sell a mi🧸nority stake of the Aston Martin F1 team.
Lawrence Stroll is reportedly in “early talks” to sell a minority stake of the Aston Martin F1 team.
The Canadian billionaire is “willing to sell as much as 2👍5% in the racing business”, according to a report by .
The business publication reports this is with the aim of capitalising “on the growing popularity of the sport, according to people familiar with the matter🌳”.
It comes after Stroll sold a minority stake last November to US private equity firm Arctos Partners. Theꦦ investment valued the racing group at £1 billion ($1.3 billion).
“From time to time and more recently following the Arctﷺ🔯os Partners investment, the team is contacted by interested parties,” a spokesperson said.
Stroll, who owns the Silverstone-based F1 team, led a consortium to rescu🥃e the then-struggling luxury UK carmaker Aston 🥂Martin in 2020.
The deal saw the former Racing Point squad rebranded as Aston Martin for the 2021 F🐟1 season.Stroll is Aston Martin’s executive chairman, ꦓhaving taken a 20% stake in the company.
His son, Lance, drives for the Aston Martin team alongside two-time world champion 168澳洲幸运5官方开奖结果历史:Fernando Alonso.
Alonso recently committed his future to Aston Martin by signing a fresh contract extension that will see him continu🌼e to race with the team when Honda takes over🐻 the engine supply in 2026.
Lewis regularly attends Grands Prix for ltxcnꦑ.top around the world. Often reporting on the action from the ground, Lewis tells the stories of the people who matter in the sport.
