Stroll's F1 Commitment in Full Throttle: No Exit Plan in Sight
Dec.18 - Lawrence Stroll has once again denied that he may soon bow out at Aston Martin.
A month ago, a minority stake in the rapidly-developing Silverstone-based team was sold to American private equity firm Arctos.
It means figurehead and billionaire Stroll, whose son Lance races for the team, now owns just over 25 percent of Aston Martin - but he now insists to New York Times that he is not implementing an exit plan.
"You don't go spending hundreds of millions of pounds, building the greatest new Formula 1 campus and hiring 400 of the greatest employees if you're about to leave the business," he told the newspaper.
"It could not be any further from the truth that I have any interest in ever not being the majority shareholder of this team for a very long time, and it is the same with the road car company.
"I'm not going anywhere," the 64-year-old Canadian insisted. "I plan to run these businesses for many years. I'm at the beginning of the journey on both."
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That's unfortunate news. That means Knuckles will continue to drive for Aston Martin and continue to dilute Alonso's chance for WDC #3.
Wait until his price point is reached and we will see what happens
More foreign influence? Who knows
not that unusual i suppose 25% and being the majority shareholder in a plc , BUT he did he actually say.. he was the majority shareholder in the F1 team and worlds greatest circus?, i mean campus, and as a good business man , you can spend hundreds of Millions, but there not necessarily your own hundreds of Millions,and sure the other minority shareholders together outcount papa smurf, but its about voting rights, not %%%, media reports usually twist the facts to fit a good story