Aston Martin owner Stroll vows 'no retreat from F1' as 'money talks'
Aston Martin owner Stroll vows 'no retreat from F1' as 'money talks'
Aston Martin owner Lawrence Stroll is adamant he has no intention of staging a "retreat" from F1 given the considerable investment he is making in the team.
Three years on from saving Force India from administration, Stroll is now pushing ahead with plans to build a new factory, wind tunnel and simulator at a cost of between £150-200million.
The days of the team incessantly changing hands - given its former guises as Jordan, Spyker, Midland and Force India - appear to be behind it.
“This is a long-term investment," insisted Stroll. "No offence to any of my predecessors, none of them have my history or track record of the success that I have had.
“I’m clearly passionate about this. This is a great business opportunity. I see Formula 1 as a business value of each individual team significantly appreciating in the years to come, not any different than any other sports assets.
“If you look at a football club or an NFL football team, 10 years ago it was a billion dollars. Today you can’t buy a franchise for less than four or five billion dollars.
“So this is a long-term plan. This is something I plan on being involved with for many, many years to come.
“You don’t make this kind of investment to plan to retreat in any way, shape or form.”
At a time when F1 is trying to cut its cloth accordingly, and in a budget cap era, Stroll is bucking the trend by investing heavily in a bid to fulfil his ambition of seeing the team become champions in a few years' time.
Asked as to how much money will continue to talk in F1 over the coming years, he replied: "Money always talks very loud. It will continue to.
"We all know about the budget cap, we are also all very realistic of all the exclusions not included in the budget cap.
"For us, this campus was long overdue. Covid cost us two years, otherwise, we would already be close to completion."
Related
Change your timezone:
Latest News
Marko reveals how Verstappen has HELPED Perez at Red Bull
- 15 minutes ago
Ferrari bound Bearman set to make key F1 move
- 1 hour ago
F1 News Today: Verstappen delivers MAJOR Newey warning as Hamilton hints at Ferrari swoop
- 2 hours ago
F1 decision announced regarding points system change
- 2 hours ago
Verstappen sent Horner CLEAR message before Newey bombshell
- 3 hours ago
Horner admits Red Bull star may NEVER return to team
- Today 09:57
Related news
Driver suggests Newey tempted by 'enticing' offer from F1 rivals
Alonso hints at another EXTENSION to F1 career
Stroll's F1 exit dilemma RIDICULED by former driver
Alonso in U-turn revelation on Aston Martin deal
F1 Standings
Drivers
- Oliver Bearman
- Charles Leclerc
- Carlos Sainz
- Lando Norris
- Oscar Piastri
- Pierre Gasly
- Esteban Ocon
- Sergio Pérez
- Max Verstappen
- Alexander Albon
- Logan Sargeant
- Lewis Hamilton
- George Russell
- Nico Hülkenberg
- Kevin Magnussen
- Fernando Alonso
- Lance Stroll
- Valtteri Bottas
- Zhou Guanyu
- Daniel Ricciardo
- Yuki Tsunoda
Races
- Gulf Air Grand Prix of Bahrain 2024
- Saudi Arabian Grand Prix 2024
- Grand Prix of Australia 2024
- MSC Cruises Grand Prix of Japan 2024
- Grand Prix of China 2024
- Miami Grand Prix 2024
- Gran Premio dell'Emilia Romagna 2024
- Grand Prix of Monaco 2024
- Grand Prix du Canada 2024
- Gran Premio de España 2024
- Grand Prix of Austria 2024
- Grand Prix of Great Britain 2024
- Grand Prix of Hungary 2024
- Grand Prix of Belgium 2024
- Heineken Dutch Grand Prix 2024
- Grand Prix of Italy 2024
- Grand Prix of Azerbaijan 2024
- Grand Prix of Singapore 2024
- Grand Prix of the United States 2024
- Gran Premio de la Ciudad de Mexico 2024
- Grande Prêmio de São Paulo 2024
- Heineken Silver Las Vegas Grand Prix 2024
- Qatar Grand Prix 2024
- Grand Prix of Abu Dhabi 2024
About GPFans
GPFans is a multi-platform, multi-language brand dedicated to Formula One coverage. We bring you all the ins and outs of the sport, 24/7, everything from up-to-the-minute news and features to the latest viral stories and clips.We believe that a new generation of exciting, outspoken drivers will make F1 more popular than ever before, and we want to give our users access to as much of their heroes as possible, on and off the track. From Lewis Hamilton to Max Verstappen, Daniel Ricciardo to Sebastian Vettel, we provide in-depth analysis of every every Grand Prix in the season, from Australia to Abu Dhabi.
With Formula One under the new ownership of Liberty Media, how the sport is being covered is evolving, and GPFans will look to be at the heart of this progression into new media, as one of the fastest-growing sites covering the king of motorsports.
Follow us on your favorite social media channel
Corporate & Media
Innovatieweg 20C7007 CD, Doetinchem, Netherlands
+31645516860