Lawrence Stroll accepts Formula One is a ‘billionaire boys’ club; calls for reforms to make the sport more accessible in the future

Lawrence Stroll accepts Formula One is a ‘billionaire boys’ club; calls for reforms to make the sport more accessible in the future

Lawrence Stroll

Lawrence Stroll, one of the more wealthy owners that we have in the sport, has come out and accepted the fact that Formula one is for the wealthy boys or a large corporation and in order to survive and compete in the sport, one needs money.

Lawrence Stroll’s journey began in the year 2018 when he bought the former Force India in the middle of the season and one of the immediate beneficiaries of this purchase was his son Lance Stroll, who became one of the regular drivers of this team.

Lance has had the support of his father Lawrence from back in his junior series days, who is suspected to have spent a whopping amount of $80 million for his son to be able to reach where he has been able to.

Lawrence Stroll and Lewis Hamilton both agree that F1 is a “billionaire boys’ club”

CC Express 20220217 1314270
Lawrence Stroll

This has made the likes of Lewis Hamilton come out and calling F1 a “billionaire boys’ club”. Lawrence Stroll complete reverberates with this message of the former seven time world champion and says that Formula 1 cannot be called a cheap sport when he considers the price one needs to pay in order to reach the top in the sport which can be backed by history which shows that the biggest spenders have been the most successful.

Stroll reiterates this fact in an interview where he said, “Racing is definitely expensive, from go-karting on up, there’s no doubt about it. You have to be a very wealthy individual or a very large corporation to be able to afford to be in Formula 1.”

Aston Martin in an investment stage and this is when most of the money is required for a team to be able to fight with the big boys or one can be only there to make the numbers. The owner needs to give all the facilities to the support staff and the driver to succeed.

Stroll confirmed that by saying, “We all know very well that success in Formula 1 or any other business for that matter doesn’t come overnight. That takes years to put the right people, the right tools, the right processes in place,” as reported by planetF1.

Of course, it is one sport which requires tons of money which is important for the sport to grow and get that global recognition but at the same time a driver shouldn’t be able to get a chance to drive because of the backing of money. Talent should never lose in front of money. We can’t say it has happened but we need to be careful that it doesn’t.

Also Read: Lando Norris is “unsure” about the implementation of the new technical regulations ahead of 2022 season