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Investment in the Aston Martin F1 team led to speculation over Lawrence Stroll’s future. But the latest move has cemented his stay as opposed to marking any intended exit
Just before the end of the 2023 Formula 1 season, Aston Martin announced that outside investors were coming in for the first time since Lawrence Stroll’s consortium bought the team. The timing of this announcement, on the eve of the inaugural Las Vegas Grand Prix, was significant. There had been speculation about Stroll’s intentions, with rumors circulating that he was looking for a way out, coinciding with questions about his son Lance’s future. Arctos Partners’ investment in the team was confirmed, with the value of the investment valuing Aston Martin’s F1 team at around $1 billion. However, Aston Martin’s managing director of commercial and marketing, Jefferson Slack, clarified that Lawrence Stroll is not a seller and that the consortium will remain the majority shareholder. Stroll’s involvement was cited as a reason for Arctos committing to the investment, and Stroll remains at the heart of the project, with ambitions to challenge for world titles in the coming years.
