Aston Martin owner Lawrence Stroll issues warning to Mercedes and Red Bull
Aston Martin owner and billionaire Lawrence Stroll has outlined his grand ambitions for his team. The Canadian, who in August 2018 led a consortium of investors in buying the then named Force India Formula One team, hasn’t been afraid to put his money where his mouth is since entering F1 and has now warned rivals he is striving to win world championships.
Stroll is currently overseeing the construction of the team’s new state-of-the-art headquarters, which will be erected on land across the road from the Silverstone Grand Prix circuit.
The project, which he says will cost between £150 and £200 million, has a target completion date of early 2023, and includes a new main building which will contain the design office. A second building will contain the new wind tunnel.
The current main building will be replaced with a third building that will contain a wellness centre, auditorium, simulator and heritage facility.
However, in an interview with the New York Times Stroll, whose son Lance will again partner Sebastian Vettel at the team next season, was adamant his ambitions off the track were matched by his drive to succeed on it.
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“As with every other business I own, my goal is to win. In this case, winning in Formula 1 means world championships, and ultimately that’s what we are striving for, what I’m striving for,” he explained.
“Of course, we all know that success in F1, or any other business, for that matter, doesn’t come overnight. It takes years to put the right people, the right tools, the right processes in place.”
Stroll, who according to Forbes has a net worth of $3.2 billion dollars – as of February 2021 – added he was following the same principals when running an F1 team as he did in other business ventures.
“Discipline, management and winning culture, something I’ve been able to instil pretty well in my previous organisations,” he said.
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“Last, you need the financial muscle and power to be able to fund points one, two, and three. So we check all the boxes of how we’re going forward, and with a very clear vision.
“I’ve not made a significant investment in this company not to be fighting for world championships, so we’re going to do whatever it takes, in the rules obviously,” he pledged.
This week Vettel, 34, further boosted the team by triggering his option to extend his contract for another year, and team boss Otmar Szafauner said the four-time world champion was happy with his current drive.
“At the beginning, before Seb came here, he said: ‘Look, the reason I want to come is I want to enjoy racing again.’
“If you ask him, which I often do, he’s at a point now where he enjoys racing again, which is good. That’s exactly what he wanted.”
Szafauner also appears to share Stroll’s vision: “It’s exciting building something from now through to four or five years’ time when, hopefully, we’ll be winning world championships but at the same time, it will be hard work.”
After inheriting Force India, in 2019 Stroll renamed it to the Racing Point F1 team.
In January 2020 though, it was announced that Stroll led a consortium to invest £182 million into Aston Martin in return for 16.7% stake in the company, and duly re-branded the team a second time.
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