Lance Stroll’s dad’s is part of F1’s billionaire’s club with colossal net worth

Posted on : 10/07/2023
Lance Stroll’s dad’s is part of F1’s billionaire’s club with colossal net worth
F1 

Cynics say rich parents are as important as natural talent, when it comes to succeeding in Formula One.

Fortunately for Lance Stroll, he is lucky enough to have both. However, the Canadian driver’s familial wealth has counted for little this season as he is currently languishing in 10th position heading into this weekend’s Qatar Grand Prix, after a meltdown during qualifying.

The 24-year-old faces an uphill battle for points at the Losail Circuit, as he only qualified for poll 17. Fortunately for him, finances will never be a worry for his family, as his extremely wealthy father Lawrence is one of F1’s billionaires.

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Stroll Sr’s razor sharp business instincts have enabled him to assemble an empire that is the envy of all entrepreneurs. In 2003, he invested in clothing designers Tommy Hilfiger and Michael Kors alongside mega Hong Kong businessman Silas Chou.

In 2014, his company, Sportswear Holdings, sold the last of its stake in these businesses for hug

e money. Nowadays, Forbes magazine understands the entrepreneur’s net worth is in the range of $3.6billion.

What other F1 billionaires can you think of? Let us know in the comments section below


His passion for the legendary Italian car collectors is so strong, he spent a US record breaking $27.5m on a red Ferrari GTB/4*S.N.A.R.T. Spider. It was a hefty addition to his 20+ connection of vintage cars.

To make things even better, he did not have to worry about following any speed limits when he drove them, as he used to own the historic Mont-Tremblant race circuit in Canada. However, in 2021, he put the former host to F1 and IndyCar races up for sale in 2021.

His passion for the legendary Italian car collectors is so strong, he spent a US record $27.5m on a red Ferrari GTB/4*S.N.A.R.T. Spider. It was a hefty addition to his 20+ connection of vintage cars.

To make things even better, he did not have to worry about following any speed limits when he drove them, as he used to own the historic Mont-Tremblant race circuit in Canada. However, in 2021, he put the former host to F1 and IndyCar races up for sale.

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