Paddock insiders refuted the idea that Lawrence Stroll would consider a sale of Aston Martin for $800 million.

in f1 •  9 months ago 

Reports circulating during the F1 Qatar Grand Prix, as covered by F1-Insider, indicate the potential involvement of a newly-established Saudi Arabian state fund in acquiring the Aston Martin F1 team, with a speculated price tag of at least $800 million. It's worth noting that Aramco, the team's sponsor, has reported ties with this fund.

Lawrence Stroll, when questioned by F1-Insider, responded, "There are no such plans at the moment," with regards to selling Aston Martin. Another spokesperson added, "Lawrence has been unequivocal in ruling out a sale. Formula 1 is currently thriving both as a sport and a business."

The report also suggests that Stroll, who serves as the executive chairman of the F1 team, might be lacking the motivation to further advance his son Lance's career, and there is purported pressure from Lance's mother for him to consider stepping away from F1 due to a series of accidents.

These rumors emerge at a time when the primary topic of discussion in F1 revolves around the potential addition of Andretti as an 11th team on the grid. The existing 10 teams have yet to finalize their decision on this matter, with concerns arising about the possible dilution of their earnings should an extra team be introduced.

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