Stroll clears the air: No exit plans from Aston Martin F1 team

Lawrence Stroll, the figurehead and billionaire owner of Aston Martin, has vehemently dismissed speculation about his potential departure from the F1 team. Recently, the team, based in Silverstone, sold a minority stake to Arctos, an American private equity firm, leading to rumors about Stroll’s future involvement.

In a recent interview with the New York Times, Stroll, whose son Lance races for Aston Martin, clarified his position and commitment to the team. Despite his ownership now amounting to just over 25 percent, Stroll emphasized his long-term vision for Aston Martin.

“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. This statement comes as a strong rebuttal to any suggestions that he is crafting an exit strategy.

Stroll’s dedication extends beyond the F1 team to the road car company as well. “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,” he said.

At 64, Stroll shows no signs of stepping back. “I’m not going anywhere,” he declared. “I plan to run these businesses for many years. I’m at the beginning of the journey on both.”

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