P1racenews AI automatic summary:
Amid Formula 1’s current spurt of popularity, Lawrence Stroll is reportedly in discussions to sell another minority stake in his Aston Martin team.
According to a report, Lawrence Stroll is considering selling a minority stake in his Aston Martin Formula 1 team to an interested party. Stroll, a Canadian billionaire, took over the team in 2018 when it was known as Force India and rebranded it as Aston Martin in 2021. Last year, a minority stake was sold to Arctos Partners, valuing the team at $1.3 billion. Stroll is now looking to sell an additional 25% of the team’s shares to potential investors. Since Stroll’s investment, Aston Martin has seen success on track, with eight podium finishes last season thanks to drivers like Fernando Alonso. The team has big plans for the future, including staying competitive through the 2026 season with technical regulations changes and partnering with Honda for power units. As of now, Aston Martin is currently in fifth place in the constructors’ championship after the first five races of the season.
