Lawrence Stroll ‘in early talks’ to sell 25% of Aston Martin F1 team

Lawrence Str𝄹oll is reportedly prepared to sell a minority stake of the Aston Martin F1 team.

Lawrence Stroll (CDN) Aston Martin F1 Team Investor. Formula 1 World Championship, Rd 2, Saudi Arabian Grand Prix, Jeddah,
Lawrence Stroll (CDN) Aston Martin F1 Team Investor. Formula 1 World Championship, Rd 2, Saudi…

Lawrence Stroll is reportedly in “early talks” to sell a minority stake of the Aston Martin F1 team.

The Canadian billioꦺnaire is “willing to sell as much as 25% in the racing business”, according to a report by .

The business publication reports🉐 this is with the aim of capitalising “on the gr♉owing 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. The investment valued the racing group at ꦑ£1 billion ($1.3🤡 billion).

“From time to time and more recently following t🌄he Aဣrctos Partners investment, the team is contacted by interested parties,” a spokesperson said.

Stroll, who owns the Silverstone-basꦺed F1 team, led a consortium to rescue 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 F1 season.🌺Stroll is Aston Martin’s executive chairman, having taken a 20% stake in the company.

His son, Lance, drives for the Aston Martin team alongside two-time world champion 168澳洲5最新开奖结果:Fernando Alonso.

Alonso recently committed his future to Aston Martin by signing a fresh contract extension that will see🃏 him continue to race with the team when Honda takes over the engine supply in 2026.

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