P1racenews AI automatic summary:
Paddock whisper denied that Lawrence Stroll may sell Aston Martin for $800m
According to whispers at the F1 Qatar Grand Prix, there are reports that a newly-founded Saudi Arabian state fund might purchase the Aston Martin F1 team for at least $800m. The team’s sponsor, Aramco, is said to be heavily involved with the fund. However, team executive chairman Lawrence Stroll stated that selling Aston Martin is not currently planned and that they were approached but declined. Another spokesperson stated that Stroll has made it clear that a sale is out of the question and that F1 is a popular sport with increasing team values. The rumours also mention that Stroll lacks motivation to further promote his son’s career and that pressure is being applied for him to step away from F1 due to a series of crashes. These rumours come at a time when discussions about adding Andretti as an 11th team on the grid are ongoing, with concerns about diluting earnings for the current 10 teams. Stroll has expressed his belief that if F1 isn’t broken, there is no need to fix it and has urged against adding another team.
Source: Crash
