Aston Martin has had a complex ownership history with several notable figures leading the company. Here’s a breakdown of the most important owners:
Current Ownership
- Lawrence Stroll: Canadian billionaire businessman and investor. He led a consortium in 2020 to acquire a significant stake in Aston Martin and is the current Executive Chairman.
- Mercedes-AMG: Owns a 20% share in Aston Martin and supplies the company with engines and technology. Tobias Moers, CEO of Mercedes-AMG, also serves as the CEO of Aston Martin.
Past Notable Owners
- Ford Motor Company (1994-2007): Ford brought stability to Aston Martin and is partly responsible for iconic models like the DB7 and Vanquish.
- David Richards (2007-2013): Chairman of Prodrive, a motorsport company, who led a consortium to purchase Aston Martin from Ford.
- Investment Dar and Adeem Investment (2007-2013): Kuwaiti investment companies that were part of the consortium led by David Richards.
Important Note: Aston Martin is a publicly traded company, which means it has other shareholders beyond these major figures.
Absolutely! Here’s a look into Lawrence Stroll, the Canadian business magnate and executive chairman of Aston Martin:
Lawrence Stroll: Fashion Mogul Turned Racing Enthusiast
Born in Montreal, Canada, in 1959, Lawrence Stroll built a fortune by investing in and developing luxury fashion brands. He played a key role in bringing brands like Pierre Cardin and Ralph Lauren to the global market.
The Michael Kors Connection: Stroll is best known for his involvement with Tommy Hilfiger and, primarily, Michael Kors. He and business partner Silas Chou took Michael Kors public, orchestrating a hugely successful IPO.
Passion for Racing: Stroll is a passionate car enthusiast and avid Formula One fan. His son, Lance Stroll, is a Formula One driver who currently races for the Aston Martin Aramco Cognizant F1 Team.
Aston Martin Investment: In 2020, Stroll led a consortium to purchase a controlling stake in the struggling Aston Martin Lagonda. This move saw him become the Executive Chairman of the iconic British car manufacturer.
Legacy: Lawrence Stroll is a shrewd businessman with a proven track record in the luxury goods industry. His investment in Aston Martin aims to revitalize the brand, and his leadership as Executive Chairman will be pivotal in shaping its future.
Networth: Lawrence Stroll, aged 63, has witnessed a meteoric rise in his wealth in recent years, catapulting him to the esteemed position of the 812th richest individual globally. As per Forbes’ latest assessment in April 2023, Stroll’s fortune is estimated at a staggering $3.6 billion, marking a substantial increase from $2.4 billion reported in 2016. This remarkable surge underscores Stroll’s astute business acumen and strategic investments, solidifying his standing as a formidable figure in the realm of wealth accumulation and entrepreneurship.
Lawrence Stroll: How the Aston Martin F1 owner made his $3.6 billion fortune
In a pivotal turn of fate, Stroll’s path intersected with that of Silas Chou, a Hong Kong-based textile magnate, catalyzing a transformative partnership that would reshape the landscape of the fashion industry.
Founding Sportswear Holdings in 1989, Stroll and Chou orchestrated a meteoric ascent, propelling iconic brands like Ralph Lauren and Tommy Hilfiger to unprecedented heights of acclaim and profitability across Europe and beyond. With Stroll spearheading marketing and growth initiatives, Sportswear Holdings burgeoned into a juggernaut, boasting annual turnovers in the billions and cementing its status as an indomitable force in the realm of fashion.
Revving Engines: Stroll’s Entry into Motorsport and Formula 1
Armed with boundless wealth and an insatiable appetite for adrenaline, Lawrence Stroll’s entrance into the domain of motorsport was a natural progression of his indomitable spirit. From acquiring the Mont-Tremblant circuit in 2000 to nurturing his son Lance’s burgeoning career in karting and beyond, Stroll’s passion for racing knew no bounds.
Bolstered by his financial acumen, Stroll’s investments in Prema Racing paved the way for Lance’s meteoric ascent through the ranks of motorsport, culminating in a historic debut in Formula 1 under the esteemed banner of Williams Racing.
A Visionary in Formula 1: Lawrence Stroll’s Astute Leadership
However, Stroll’s ambitions transcended mere ownership, as evidenced by his audacious endeavors in Formula 1. Spearheading the acquisition of the beleaguered Force India team, Stroll assumed the mantle of control, rebranding the squad as Racing Point and enlisting his son Lance as a pivotal asset in their pursuit of glory.
A subsequent investment of $235 million into the esteemed Aston Martin marque further underscored Stroll’s unwavering commitment to excellence, as he orchestrated the renaissance of the iconic British automaker both on and off the track.
Beyond the Racetrack: Stroll’s Lavish Lifestyle and Collectibles
Away from the unforgiving crucible of competition, Lawrence Stroll’s opulent lifestyle is a testament to his boundless affluence and discerning taste. With a penchant for vintage Ferraris and an enviable car collection that includes rarities like the Ferrari 250 GTO and the GT40, Stroll’s love affair with automotive marvels knows no bounds.
Moreover, his foray into luxury seafaring, epitomized by the acquisition of the superyacht “Faith,” underscores his penchant for extravagance and opulence, setting him apart as a connoisseur of the finer things in life.
Lawrence Stroll’s journey from fashion tycoon to Formula 1 magnate is a saga of indomitable spirit, unwavering determination, and unbridled ambition. As he continues to disrupt the status quo and redefine the contours of motorsport’s elite echelon, Stroll’s legacy stands as a testament to the transformative power of vision, perseverance, and unyielding resolve in the face of adversity.
