The latest reports claim that Canadian businessman Lawrence Stroll is in "early talks" to sell a minority stake of up to 25% in the Aston Martin F1 team.
  • BlackEco@lemmy.blackeco.com
    11·
    2 months ago

    The “minor” stake could potentially be up to 25% of the team, making sure he would still be in control of the squad.

    If I understand it right, Lawrence Stroll isn’t planning to sell his entire stake, just a portion of it to make a quick buck while remaining the majority stakeholder.

  • Coelacanth@feddit.nu
    3·
    2 months ago

    Say what you want about him, but he seems like a very skilled businessman. He’ll end up with controlling ownership of an F1 team essentially for free here.