Daddy Stroll buys Force India....?

Daddy Stroll buys Force India....?

Author
Discussion

lord summerisle

Original Poster:

8,147 posts

231 months

Tuesday 24th July 2018
quotequote all
reports that Lawrence Stroll has put in an offer for Force India... either a majority stakehold, or outright purchase:

http://www.f1i.com/news/312035-lawrence-stroll-jus...

http://www.autobild.de/artikel/formel-1-force-indi...

Steamer

13,962 posts

219 months

Tuesday 24th July 2018
quotequote all
If true, just how much would it hurt Williams if the Strolls walked away now?

(Although this weekend did show a bit of promise that they were maybe out of the woods as far as problem solving was concerned)

LDN

8,974 posts

209 months

Tuesday 24th July 2018
quotequote all
Imagine being able to buy / or purchase a big enough stake in an F1 team, that you could guarantee your son a place on the grid. Astonishing.

bobbo89

5,490 posts

151 months

Tuesday 24th July 2018
quotequote all
LDN said:
Imagine being able to buy / or purchase a big enough stake in an F1 team, that you could guarantee your son a place on the grid. Astonishing.
I was just thinking this earlier, being in a position where you can’t buy you’re son a drive in a competitive team so you just buy a whole other team instead! Incredible!!

Well, if it’s all true that is....


Edited by bobbo89 on Tuesday 24th July 11:54

Munter

31,326 posts

247 months

Tuesday 24th July 2018
quotequote all
Steamer said:
If true, just how much would it hurt Williams if the Strolls walked away now?

(Although this weekend did show a bit of promise that they were maybe out of the woods as far as problem solving was concerned)
I should imagine there are plenty of blinkered loaded parents out there who've paid their child up into GP2, and are looking for an F1 seat. I expect Williams can find someone to fill the seat with money.

I wonder if this is where the rumour about Williams being for sale came from. E.g. Daddy Stroll tried to buy Williams, but got told to "do one". So he's decided to buy Force India.

patmahe

5,820 posts

210 months

Tuesday 24th July 2018
quotequote all
Wow, just how much money is he prepared to throw at his son's career. From what I have seen of Lance so far, he is probably slightly above journeyman status, I would like him to prove me wrong.

The thing is any team he goes to from here on out will demand the same or more investment. A fortune of billions is quickly squandered in the world of F1.


thegreenhell

16,846 posts

225 months

Tuesday 24th July 2018
quotequote all
To make a small fortune out of motor racing, start with a large fortune...


Anyway, here's Grumpy Joe's take on it: https://www.motorsportweek.com/joesaward/id/00275

bobbo89

5,490 posts

151 months

Tuesday 24th July 2018
quotequote all
thegreenhell said:
To make a small fortune out of motor racing, start with a large fortune...


Anyway, here's Grumpy Joe's take on it: https://www.motorsportweek.com/joesaward/id/00275
Very well written and much more likely sounding. The lack of any sort of proper story from a reputable source made the idea of him buying the whole team very unlikely!

Sam993

1,302 posts

78 months

Tuesday 24th July 2018
quotequote all
bobbo89 said:
thegreenhell said:
To make a small fortune out of motor racing, start with a large fortune...


Anyway, here's Grumpy Joe's take on it: https://www.motorsportweek.com/joesaward/id/00275
Very well written
'Stroll is cleverer than that.'

"The loaner (...)"

That's very well written indeed.

geeks

9,551 posts

145 months

Tuesday 24th July 2018
quotequote all
Sam993 said:
bobbo89 said:
thegreenhell said:
To make a small fortune out of motor racing, start with a large fortune...


Anyway, here's Grumpy Joe's take on it: https://www.motorsportweek.com/joesaward/id/00275
Very well written
'Stroll is cleverer than that.'

"The loaner (...)"

That's very well written indeed.
Agreed, it was painful to read and started with "So"!

The Moose

23,054 posts

215 months

Tuesday 24th July 2018
quotequote all
Article said:
I’m told that Stroll’s payment to Williams last year was almost entirely offset by selling space, so Lance got his drive for next to nothing and everyone was happy.
If that's true, good for him!

Steamer

13,962 posts

219 months

Tuesday 24th July 2018
quotequote all
The Moose said:
Article said:
I’m told that Stroll’s payment to Williams last year was almost entirely offset by selling space, so Lance got his drive for next to nothing and everyone was happy.
If that's true, good for him!
Going totally off thread here - but that just reminded me, Williams won't be title sponsored by Martin after 2018 IIRC.

Derek Smith

46,331 posts

254 months

Tuesday 24th July 2018
quotequote all
The Force Indias did well on Sunday.


bobbo89

5,490 posts

151 months

Tuesday 24th July 2018
quotequote all
Sam993 said:
'Stroll is cleverer than that.'

"The loaner (...)"

That's very well written indeed.
Maybe well written wasnt what I meant. I wasnt breaking down his grammar, more commenting on how well thought out and likely his interprtation of the situation is.

belleair302

6,908 posts

213 months

Tuesday 24th July 2018
quotequote all
Lando Noris has a Father who could spend a few hundred million and not worry about losing it and there are a number of junior drivers with very wealthy parents, but these people are not foolish and most understand better than us mortals the value of a GBP or US Dollar and have great advice too.

anonymous-user

60 months

Wednesday 25th July 2018
quotequote all
I can imagine it is actually cheaper to buy an assert you can sell on than to throw money at annual sponsorship. If you have the up front cash buying an under performing asset you can add value to is probably a much better option.