Hailing from the opulent city of Montreal, Quebec, Lance Stroll made his Formula 1 debut in 2017, a year after clinching the F3 title with Prema Powerteam. However, despite showcasing impressive racing skills, the Canadian was subject to quite a lot of hate from the fans during the early stages of his F1 career.
Why you might ask? Well, Stroll had the financial backing of his billionaire father, Lawrence Stroll, who effectively purchased the Williams seat for the Stroll Jr. Hence, Stroll was typically a ‘pay driver’, which made it seem like he hardly deserved a place in the series. Nevertheless, despite such hate, Stroll has often proven them wrong by pulling off some incredible results, including podium finishes and even a pole position [at the 2020 Turkish GP].
Jump onboard for the lap that gave @lance_stroll and @RacingPointF1 their first pole position in Turkey 🚀#TurkishGP 🇹🇷 #F1 @pirellisport pic.twitter.com/olg9fiFxKg
— Formula 1 (@F1) November 14, 2020
The 24-year-old has undoubtedly experienced tremendous growth over his Formula One career so far. And now, here he stands, paired up with one of the greatest drivers of all time, Fernando Alonso, in a team that looks to dethrone Red Bull as the best team on the grid, which has consequently taken his value up a notch.
What is Lance Stroll’s salary at Aston Martin?
As of the 2023 F1 season, Stroll is earning close to $2 million at Aston Martin Racing as opposed to Alonso’s $5 million a year. But, what’s interesting is, unlike his championship-winning teammate, Stroll is seemingly under an ‘open contract’, meaning there is no expiration to his association with Aston Martin for the time being, or at least until Lawrence Stroll remains the owner of the team.
One might point out the unfairness of this agreement, but, as mentioned earlier, Stroll has proven that he deserves a seat in Formula One.
What’s more, Stroll also earns through endorsements from premium businesses like Stilo, Canada Life, Socios.com, and Canadian business jet manufacturer, Bombardier. According to reports, Stroll owns a private jet, designed by Bombardier and the value of this particular jet is likely to be around a breathtaking $8 million.
The largest yacht at the Monaco Grand Prix was “Faith,” a 316-ft boat worth $200M.
• Sleeps 12
• 2 Jet Skis
• Helipad
• Gym, theater, pool & saunaThe boat rents for $1.5M per week and was previously owned by Aston Martin billionaire team owner Lawrence Stroll.
(h/t @espn) pic.twitter.com/My5WDJpKCQ
— Joe Pompliano (@JoePompliano) May 24, 2021
Stroll Sr owns multiple homes and mansions across the planet, with each in Montreal, Mont Tremblant, and Geneva, Switzerland. He also reportedly owns a house in London, which is likely where Lance resides during the season. Stroll’s extravagant collection also features a $200 million-worth superyacht named Faith.
Lance Stroll’s net worth is no match for his father
Lance Stroll is worth approximately $50 million, which is most certainly going to witness a surge over the coming years. However, Stroll is millennia away from even inching closer to Stroll Sr’s breathtaking net value.
Wondering how much Lawrence Stroll is worth? The Canadian kingpin is worth almost $3.6 billion and is one of the richest businessmen in the Western continent.
Hence, with over 10 years of racing still left to go, can Lance Stroll at least eclipse Lewis Hamilton (worth $285 million) as possibly the wealthiest driver on the grid and maybe also supersede Michael Schumacher (worth $620 million) as the wealthiest F1 driver of all time?