Lawrence Stroll is a Canadian billionaire businessman, part-owner, and executive chairman of the Aston Martin F1 Team competing in the 2023 Formula One World Championship.
Date of Birth: | 11 July 1959 |
Birthplace: | Montreal, Quebec, Canada |
2023 F1 Team: | Aston Martin F1 Team |
Lawrence Sheldon Strulović was born on July 11, 1959, in Montreal, Quebec, Canada - home to the Canadian Grand Prix hosted at Circuit Gilles Villeneuve. Previously married to Claire-Anne Stroll, they have two children together: Formula One driver Lance Stroll and a daughter Chloe Stroll. Stroll is currently married to Raquel Stroll.
Stroll’s father, Leo Strulovitch, was a fashion importer who brought Ralph Lauren clothing as well as Pierre Cardin's fashionwear to Canada. Lawrence Stroll later took Ralph Lauren to Europe.
Stroll continued his ventures by partnering with Chinese investor Silas Chou. The pair together invested in clothing designers Tommy Hilfiger and Michael Kors and significantly contributed to the success of the two famous brands. In 2014, Stroll sold his stake in these businesses.
Stroll is a very successful entrepreneur, and his net worth was around 3.9 billion dollars, according to Forbes, as of July 2023. Lawrence Stroll entered the world of motorsport in 2000 when he bought a racing venue - Circuit Mont-Tremblant, in Quebec's Laurentian Mountains.
In 2018, Stroll led a consortium of investors to buy the Force India Formula One team. The team was later renamed to the Racing Point Formula One team and finished 7th in the Constructors' Championship in both the 2018 and 2019 seasons.
In 2019, Lance Stroll - the son of Lawrence Stroll, joined the team. On January 31, 2020, Stroll, along with Yew Tree Investments, invested 182 million dollars into Aston Martin for a 16,7% stake in the company.
Racing Point was rebranded to Aston Martin F1 Team in 2021, and the team competes under this name until today. Lawrence Stroll is dedicated to making Aston Martin a title-contending team, as in 2023, the partnership between the Aston Martin F1 team and Honda was announced for the supply of engines in the 2026 season.