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Lawrence Stroll

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Lawrence Stroll
Born
Lawrence Sheldon Strulovitch

(1959-07-11) 11 July 1959 (age 65)
Montreal, Quebec, Canada[1]
Occupation(s)Chairman, Aston Martin
Known forAston Martin F1 Team
Spouse(s)Claire-Anne Callens (div.)
Raquel Diniz (m. 2020)[2]
Children2, including Lance

Lawrence Sheldon Strulović (name later anglicized to Strulovitch) (born 11 July 1959),[3] best known as Lawrence Stroll, is a Canadian billionaire businessman, part-owner and executive chairman of Aston Martin, and the owner of the Aston Martin F1 Team.[4] According to Forbes, he has a net worth of US$2.9 billion, as of February 2022.[5]

Early life

He was born to a Jewish family[6] in Montreal, Quebec, the son of fashion importer Leo Strulovitch.[3]

Career

Stroll's father brought Pierre Cardin fashionwear and Ralph Lauren clothing to Canada.[7] Stroll took the Ralph Lauren brand to Europe.[7]

Along with Hong Kong investor Silas Chou, Stroll invested in clothing designers Tommy Hilfiger and Michael Kors, and the pair largely contributed to the brands' growth to global prevalence.[8][1] Stroll's company, Sportswear Holdings, sold the last of its stake in these businesses in 2014.[7] During the 2000s, Chou and Stroll also invested in Asprey & Garrard.[1]

From 2000[9] until August 2022,[10] Stroll owned a Canadian race car circuit, known as Circuit Mont-Tremblant, in Quebec's Laurentian Mountains.[11]

In August 2018, Stroll led a consortium of investors in buying the Force India Formula One team.[12] Renamed Racing Point Force India, and as a new team officially, they re-entered midway through the 2018 Formula One season and achieved 7th position in the Constructors' Championship.[13] For the 2019 season, the team name and entrant was changed once again to Racing Point F1 Team, with Stroll's son Lance driving one of the cars, finishing in 7th position in the Constructors' Championship once again.[14]

On 31 January 2020, it was announced that Stroll led the Yew Tree Investments consortium to invest £182 million into Aston Martin, in return for a 16.7% stake in the company.[15] The Racing Point F1 Team was re-branded as the Aston Martin F1 Team in 2021.[16]

Personal life

Stroll is married to Raquel Stroll (née Diniz).[17] He was previously married to Belgian-born Claire-Anne Stroll (née Callens). Lawrence and Claire-Anne have two children.[5] Their son Lance Stroll is a racing driver who is currently competing in Formula One.[18] Their daughter is Chloe Stroll.[19][20]

Stroll has a large car collection, mostly consisting of Ferraris, from the Ferrari 250 GTO to the latest LaFerrari.[21] He used to own the Ferrari dealership of Quebec. He also owns other cars such as McLarens and a Ford GT.[22]

References

  1. ^ a b c "Who is Lawrence Stroll?". Montreal Gazette.
  2. ^ "Whatever it takes – Lawrence Stroll determined to lead Aston Martin to F1 glory". The Independent. 14 July 2021.
  3. ^ a b "Billionaires: Lawrence Sheldon Strulovitch". Wealth-X. Retrieved 3 November 2016.
  4. ^ Gill, Pete (8 August 2018). "Force India rescued from administration by Lawrence Stroll-led new backers". skysports.com. Sky UK. Retrieved 16 August 2018. The Force India F1 team are to be rescued from administration by a group of investors led by Lawrence Stroll
  5. ^ a b "Forbes profile: Lawrence Stroll". Forbes. Retrieved 28 February 2022.
  6. ^ "Jews of the Week: Lawrence and Lance Stroll". Jew of the Week. Retrieved 28 March 2017.
  7. ^ a b c "Lawrence Stroll: the F1 boss and fashion tycoon rescuing Aston Martin". The Guardian. Retrieved 15 July 2021.{{cite web}}: CS1 maint: url-status (link)
  8. ^ "Silas Chouis One of the 500 People Shaping the Global Fashion Industry". The Business of Fashion. Retrieved 7 February 2019.
  9. ^ "Stroll puts famous Canadian track up for sale". PlanetF1. 10 April 2021. Retrieved 3 October 2022.
  10. ^ "Montreal-based Dealership Group Acquires Circuit Mont-Tremblant". newswire.ca. 4 August 2022. Retrieved 3 October 2022.
  11. ^ "Meet Canada's new Forbes billionaire, and his Ferraris". The Globe and Mail. Retrieved 2 May 2016.
  12. ^ "Force India: Formula 1 team to come out of administration". BBC Sport. 7 August 2018. Retrieved 7 August 2018.
  13. ^ "Force India to race in Spa after name change to Racing Point Force India – but loses all its points". RaceFans.net. 23 August 2018. Retrieved 27 May 2020.
  14. ^ "Force India officially becomes Racing Point after dropping plan to use Lola name". RaceFans.net. 4 February 2019. Retrieved 27 May 2020.
  15. ^ "F1 billionaire owner in Aston Martin rescue deal". BBC News. 31 January 2020. Retrieved 31 January 2020.
  16. ^ Slattery, Laura. "Celebrity Facebook quitters, Aston Martin's rescuer and a pricey Super Bowl night". The Irish Times.
  17. ^ "Whatever it takes – Lawrence Stroll determined to lead Aston Martin to F1 glory". The Independent. 14 July 2021. Retrieved 21 July 2021.
  18. ^ "Williams Confirms Driver Line Up for the 2017 Season". Williams Martini Racing. 3 November 2016. Retrieved 3 November 2016.
  19. ^ Gould, Jennifer (22 September 2012). "Fashion moguls buy $50 million pads at One57, NYC's tallest apartment building". New York Post. Retrieved 3 November 2016.
  20. ^ "Quebec's Andres Betancourt, (Andrés Cour) newest member of Forbes' billionaires list | Financial Post". Business.financialpost.com. Retrieved 3 November 2016.
  21. ^ "Inside Canadian billionaire Lawrence Stroll's crazy rich life: he owns the Aston Martin F1 team, epic superyachts and a vintage Ferrari collection". South China Morning Post. 18 January 2022.
  22. ^ "Lawrence Stroll's car Collection (Canada) cars". Supercars.agent4stars.com. 27 December 2014. Retrieved 3 November 2016.
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