Who is Lawrence S Stroll?
Lawrence S Stroll, also known as Lawrence Strulovitch, is a billionaire businessman and the executive chairman of Aston Martin. He is the proud owner of the Aston Martin F1 Team and the father of Formula One racing driver Lance Stroll. Born on July 11, 1959, Stroll comes from a family with a background in fashion and has made a name for himself in the world of business and motorsports.
From Fashion to Formula One
Lawrence Stroll made his fortune in the fashion industry, working alongside business partner Silas Chou to orchestrate Michael Kors' successful IPO in 2011. He later sold his shares in the American fashion brand, solidifying his financial success. In 2018, Stroll ventured into the world of Formula One by buying into the Force India team and renaming it Racing Point Force India. His passion for the sport led him to enlist his son Lance as one of the team's drivers. In 2021, Stroll's consortium invested £182 million into Aston Martin, resulting in the rebranding of the Racing Point F1 team as Aston Martin, marking the brand's return to Formula One after six decades.
A Net Worth of $3.6 Billion
With an estimated net worth of $3.6 billion, Lawrence Stroll has not only made a name for himself in the business world but has also built an impressive collection of vintage Ferraris. His car collection, valued at approximately £140 million, includes rare and iconic models such as the 1967 Ferrari 275 GTB, Ferrari 250 GTO, McLarens, and a Ford GT. Stroll's wealth has allowed him to pursue his passion for Formula One and indulge in his love for luxury automobiles.
A Family Affair
Lance Stroll is the son of Lawrence Stroll and his first wife, Claire-Ann Callens. The couple had two children together, with Lance being the youngest. He also has an older sister named Chloe Stroll, who is married to Australian snowboarder Scott James. Although Lawrence Stroll and Claire-Ann Callens have since divorced, Stroll has found love again and remarried Brazilian-born Raquel Diniz. The couple celebrated their marriage with a lavish ceremony on the island of Mustique in 2020, taking over the entire island for three days.
The Expensive World of Formula One
Lawrence Stroll acknowledges that Formula One is an expensive sport to be involved in. In an interview, he described it as "the billionaire boys club" and highlighted the significant financial investments required to compete in the sport. From the cost of machinery to the expenses of running a team, Formula One demands substantial financial resources. Stroll emphasized that it takes a wealthy individual or a large corporation to afford participation in the world of Formula One.
In conclusion, Lawrence S Stroll is not only a successful businessman but also a prominent figure in the world of Formula One. From his fortune in fashion to his investments in Aston Martin and the Racing Point F1 team, Stroll has left an indelible mark on the industry. With his son Lance following in his footsteps as a talented racing driver, the Stroll family continues to make waves in the fast lane.