'Lawrence Stroll is looking to sell minority shares of Aston Martin F1'
Lawrence Stroll is in talks to sell a minority stake in his Aston Martin F1 team. In this way, he wants to capitalise on, and benefit from, Formula 1's growing popularity, which was reported by US business magazine Bloomberg.
Lawrence Stroll, also the father of his driver Lance Stroll, is ready to sell more than a quarter of his team. The value of the team is estimated at £1 billion, which converts to around €1.1 billion. The team got that value after an investment from US-based Arctos Partners. The sale of 25% of the shares would then involve a sum of over €250 million.
It would be one of many deals involving the growing valuation of teams and the sport's rapid growth in popularity. The popularity of motorsport, especially Formula 1, has been growing at a rapid pace in the United States. This is mainly due to the success of the Netflix series Drive to Survive.
Value up, share down
Despite the interest in the team, their shares have fallen a third since the start of 2024. It is also now down 80% since Stroll took over. The team's value therefore comes mainly from capital, which Stroll has had to raise a lot from investors. Sporting-wise, the team are doing well, they are well into fifth place in the constructors' standings and are daring to look upwards. Star of the team, Fernando Alonso, recently extended his contract ahead of the team's upcoming partnership with Honda, which will begin in the 2026 season.