GPWizard F1 Forum

F1 News & Discussions => F1 Drivers => Topic started by: Dare on November 16, 2023, 09:45:46 PM

Title: Bad news for Lance
Post by: Dare on November 16, 2023, 09:45:46 PM

Wonder how the Aston Martin sale affects Lance's drive

https://www.gptoday.com/details/view/916922/Stroll_sells_Aston_Martin_F1_team_shares_to_Arctos_/

Title: Re: Bad new for Lance
Post by: Jericoke on November 17, 2023, 12:58:58 PM

Quote from: Dare on November 16, 2023, 09:45:46 PM

Wonder how the Aston Martin sale affects Lance's drive

https://www.gptoday.com/details/view/916922/Stroll_sells_Aston_Martin_F1_team_shares_to_Arctos_/

I would imagine it's the end for Lance's F1 career.  I've seen online pundits suggest he would do well in other categories, which Lawrence as the owner of Aston Martin the car company would still be able to back.

My question is 'why'.  Has he gotten a return on investment?  Does he need cash flow for another venture?  Does he figure a billion is plenty and just walk away from the crazy world of making money?  Or... does he feel like F1 has hit its peak?  Is Las Vegas going to bring F1 down a peg?  Is Andretti Cadillac really going to devalue existing teams?  Or is this a Bernie style divestment where he knows the AM team will struggle with their new facility for a season or two, giving him a chance to buy back in at a discount?

Title: Re: Bad news for Lance
Post by: Dare on November 17, 2023, 02:17:17 PM

The funny world of F1. Just last week I saw a
article that Lance was returning next year.

Title: Re: Bad news for Lance
Post by: cosworth151 on November 17, 2023, 03:52:42 PM

Niki Massivespin revisited.