Lawrence Stroll Net Worth (Canadian Billioner Formula 1 Boss)
Lawrence Stroll is a successful businessman born in Canada in 1959. Lawrence Stroll net worth 2020 is published as $2.6 billion at the beginning of this year. Stroll is married to Claire-Anne Stroll (née Callens), who runs a fashion business called Callens. His son Lance Stroll is a Formula 1 driver and the daughter of Lawrence Stroll is Chloe Stroll.
He started his business life by bringing Pierre Cardin and Ralph Lauren brands to Canada. He is also the boss of Ferrari Italy.
Lance Stroll, the son of Canadian billionaire Lawrence Stroll, moved to Williams after his time at the Ferrari academy and started competing with Formula 1 with the English team. Lawrence is known to have paid $ 80 million to Williams for his son Lance Stroll.
He recently bought Aston Martin in 2020. And Lawrence Stroll net worth assumed to be more at the end of the year.
Lawrence Stroll net worth: He bought Force India in 2018
Vijay Mallya was known to be in a difficult situation due to the ongoing court process and debts, and Liberty Media was not happy at all. Mallya is staying in England and could not go anywhere else. In addition, the arrest of Mallya due to debts exceeding 1 billion dollars was also on the agenda.
Lawrence Stroll’s purchase of Force India at a reasonable price was thought to be good for both Mallya and the future of Force India. According to the news of Italiaracing, Lawrence was considering purchasing Force India so that his son Lance could fight more easily in Formula 1.
While Massa, who returned to F1 to convey experiences to the young pilot after Lance left the team, was expected to retire, the Wehrlein was thought to be transferred to Williams.
Finally, for any of the reasons In Aug. 2018, Stroll led a group of investors to buy Formula One racing team Force India for £90 million plus the assumption of £15 million in debt.
Jacques Villeneuve said Lawrence Stroll, who bought Force India, had done this by driving the last nail into Williams’ coffin.
The Canadian businessman had invested heavily in Williams for the development of his son Lance Stroll, now heading the consortium to save Force India.
While Stroll, which brings great financial support to the team, will definitely go to Force India, Williams will lose his Martini sponsorship at the end of the season and the future of Williams is uncertain.
More Reading for Lawrence Stroll net worth
Lawrence Stroll Buying Aston Martin