F1 has historically been an exclusive sport. Historically speaking, it was a pastime of the wealthy upper class who poured in money to develop the best machinery. While most of the grid today comprises drivers solely on their talent, there still exist a few anomalies. None more prominent than Lance Stroll and his billionaire father, Lawrence.

Stroll Sr is worth a humongous $2.6 billion, enough to buy most of the teams on the grid. Fittingly, he owns one- Racing Point F1 Team, which will race under the moniker of Aston Martin next season. But how did the Canadian earn his big bucks?

He is a fashion magnate behind the luxurious Michael Kors and Tommy Hilfiger. The bulk of his fortune comes from selling the shares of the former. So, how does he spend his money?

‘Faith’- The beloved Yacht of Lawrence Stroll

First, the dimensions of this sea monster – 96 meters with 9 guest cabins, a 42000-liter pool, and the capacity to accommodate a crew of 34 people. Impressive indeed, but luxury comes at a price.

And this one set him back $200 million with running costs each year amounting to $15 Million. Reportedly, this is on the market with Michael Latifi, Nicholas‘ father, one of the prospective buyers.

Trending

Max Verstappen to Mercedes: Toto Wolff Breaks Silence on $160 Million Rumored Contract For Dutchman

April 30, 2024 04:37 PM EDT

Lewis Hamilton Betrays Toto Wolff as Details of Regular Conversation With Frederic Vasseur Emerge

May 02, 2024 09:54 PM EDT

“Lance Stroll Driving?” – F1 Fans Rage as Ayrton Senna’s $1 Million Worth Legacy is Shamelessly Disrespected

May 02, 2024 05:04 PM EDT

McLaren F1 Legend Hints Max Verstappen Will Join Mercedes for 1 Person & It’s Not Toto Wolff

May 03, 2024 07:38 PM EDT

Bad News for Carlos Sainz as Audi Boss Delivers Disappointing News for 2025 Car

April 29, 2024 11:02 AM EDT

Get instantly notified of the hottest F1 stories via Google! Click on Follow Us and Tap the Blue Star.

Follow Us

Race tracks owned by the Strolls

The business tycoon owns the Mont-Tremblant circuit in the mountains of Quebec. He purchased it under his name in 2000 and duly refurbished the track for his son, Lance Stroll.

Quite an advantage for his son, as this is akin to private testing and helped Lance hone his skills from a young age. It is reportedly named after Michael Schumacher.

The Stroll car collection

It is imperative that the family owns a plethora of fast cars given their current professional choices. Lawrence has a huge Ferrari collection which is toppled by the 275 GTB/4 Spyder that he bought for a mammoth $27.5 million in 2013. He also has the championship-winning Mercedes W196 of Juan Manuel Fangio.

However, he could have as many Aston Martin in his collections as he likes, now that he is the majority owner of the brand. He proved he was not just messing about when he completed a takeover of Racing Point in 2018.

Pairing it with the legendary James Bond vehicle brand is a masterstroke. One that is motivated by his desire to see his son Lance lift the World Championship trophy one day. And with his endless riches, he may not be far behind.