Home

Lawrence Stroll Not Ruling Out F1 Titles With Aston Martin: “It Is Very Realistic”

Published 02/26/2021, 3:43 AM EST

Aston Martin CEO Lance Stroll believes the new budget cap about to be introduced in F1 from 2021 will change the sport for the better.

This will be the first time in the history of the sport that such a measure is being introduced. This seeks to redress the balance of the grid from the big-budget teams towards the small-budget teams.

This aligns with the sport’s goal of being cost-effective and financially stable. This gives new constructors looking to enter the sport the belief that they could challenge the big boys.

Article continues below this ad

Aston Martin and in turn Stroll, are very confident that they could take advantage of this and challenge for a world title.

Aston Martin CEO Stroll in favor of budget cap

In an interview, he was delighted with the introduction of this initiative. He said, “From a competitive point of view, the budget cap changes the sport dramatically.”

The Canadian said that this levels the playing field significantly with the ‘big’ teams unable to pump money.

“The big three teams were significantly outspending everyone and probably had 400-500 more staff. All of that has now gone.”

The billionaire believes that Aston Martin are in with a realistic shot of winning world championships because of this. He said, “This team has punched above its weight with significantly less resources, and I sincerely believe with the same amount of people and the same budget.”

“There is no reason why world championships are not very much on the cards. It is very realistic to think that.”

The British team is looking to bridge the gap with a new facility, according to Stroll. He said, “Here, we are building a brand new state-of-the-art facility. It will be the most modern facility in Formula One.”

Will the budget cap balance out the sport?

The introduction of the budget cap is a step in the right direction for F1. This shows that the governing body of the sport is looking to build up its image of being competitive with anyone capable of beating the other on any given day.

This reduces the margin for error of the big teams with Mercedes, Ferrari, and Red Bull’s operating costs slashed from over $400 million to just under $150 million.

Article continues below this ad

The consequences in terms of breaching the cap are also very detrimental that it would deter teams from exceeding it.

Article continues below this ad

SHARE THIS ARTICLE :

Written by:

Ashish Thomas is an F1 author at EssentiallySports. Having followed motorsports since age 5, Ashish holds an enviable knowledge of F1 history. Ashish holds extensive experience in sports writing, having previously worked for SportsQuest and Fansided.

Lawrence Stroll Not Ruling Out F1 Titles With Aston Martin: “It Is Very Realistic”

Aston Martin CEO Stroll in favor of budget cap

Trending

Liam Lawson’s Surprise Contract Clause Threatens Daniel Ricciardo’s RB Seat

F1 Rumor: Adrian Newey to Join Ferrari, Leaving Red Bull Amid Christian Horner-Helmut Marko Fiasco

What Is Azzurro La Plata and Azzurro Dino? Significance of Ferrari’s Historic Change to a Blue Livery for Miami GP

“[Charles] Leclerc Doesn’t Care About Ferrari”: F1 Insider’s Brutal Blow to Fred Vasseur & Co. Has Racing Community Lashing Out

F1 Rumor: Christian Horner and Wife Geri to Publicly Reveal All Details on Leaked Chat Scandal

Will the budget cap balance out the sport?