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Lawrence Stroll has built a reputation since joining Formula 1 as a team owner. Force Stroll has rebranded the team three times since he challenged India. From Racing Point Force India to simply Racing Point and now Aston Martin. He has the persona of a result-oriented businessman in the paddock. But how did his love of racing and his cars begin?
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Force India was going through its toughest times when it was poised to file for bankruptcy. That’s when a consortium led by Lawrence Stroll emerged. The Canadian took over what is now known as Aston Martin Aramco his Cognizant F1 team.
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Lawrence Stroll revealed his racing past
Lance Stroll may have reached the pinnacle of motor racing, but he is not the first racer in his family. His father, Lawrence Stroll, appeared in an interview with F1’s Beyond the Grid last year and talked about past races. Lawrence also confided in how his love for cars started early.
He said, “It was like running a little boy growing up – a car and a girl. A picture of a car on the wall, a picture of a girl on the wall. ”
When asked if the cars that adorn the walls of his room were red, he replied: “Yes it was a red car. At first it was a red car, but later some green cars appeared. ”
Lawrence said of his racing past: “I raced for about 15-18 years. I started racing with the Ferrari Challenge. Then I did what was called Grand-Am in America. I did a lot of it, a lot of historic races. ”
“Ferrari Challenge won several years in a row. Grandpa, I think we won a year. I think it was 12 races back then. So we had a good time. ”
Lawrence’s interest in racing has only grown since he stepped into Formula 1. He recently upped his Martin stake in Aston with a massive $2 million acquisition.
Lawrence Stroll increases stake in Aston Martin
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Lawrence’s recent investment in Aston Martin has boosted his share of the company to 23%. Prior to that, he owned his 19% stake in the company.
Morningstar UK reported. “Lawrence Stroll, Executive Chair of Aston Martin Lagonda Global Holdings PLC (a luxury car manufacturer based in Gaydon, Warwickshire), has announced that it will sell 1.7 million shares through Yew Tree Overseas Ltd at GBP0.90 ($1.09) to GBP1.29 ($1.56). ), which is equivalent to GBP1.We won $800,000 ($2.17 million) last Wednesday, Friday and Monday.”
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Watch this story: Formula 1 tycoon Ron Dennis plans £30m Bond villain-style mega mansion
Aston Martin has demonstrated its commitment to excellence through its contracts. They replaced Fernando Alonso with Sebastian Vettel in the team. Additionally, they had Dan Fallows, Red Bull’s chief of aerodynamics on board.
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