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Lawrence Stroll

Lawrence Stroll (born Lawrence Sheldon Strulovitch, July 11, 1959) is a Canadian and businessman renowned for his pivotal role in building global brands and his leadership in , particularly as the owner of the team and executive chairman of Global Holdings PLC. Born in , , to a Jewish family, Stroll was the son of Leo Strulovitch, a clothing importer who introduced luxury brands like and to the Canadian market, sparking Stroll's early entry into the fashion industry without formal . Stroll's career began in the 1980s when he expanded into , establishing a foundation for his expertise in luxury apparel distribution. In 1989, partnering with investor , he co-founded Sportswear Holdings Ltd. and acquired a 70% stake in Corp., transforming it into a global powerhouse with sales exceeding $5 billion by the time they sold their interests in 2010. Their partnership continued with the 2003 purchase of a majority stake in , which culminated in a highly successful 2011 IPO valued at over $2.4 billion, after which Stroll divested his remaining shares by 2014, forming the core of his fortune. Transitioning to motorsport in the late 2010s, Stroll led a that acquired the struggling F1 team in August 2018 for £90 million plus £15 million in debt assumption, rebranding it as Racing Point and later in 2021 to align with the luxury carmaker's heritage. In early 2020, he spearheaded a $235.6 million that took a 16.7% stake in , becoming executive chairman and overseeing its revival amid financial challenges, including key hires like designer . As of November 2025, Stroll's stake in the car company had grown to approximately 33%. A resident of , , since the 1990s, Stroll holds Canadian citizenship and is married with two children, including son , a driver for the team since 2019. His personal interests include collecting vintage Ferraris, such as a 1958 , and owning Canada's racetrack. As of November 2025, estimates Stroll's at $3.8 billion, primarily derived from investments and his growing stake in , which valued its F1 operations at $3 billion as of November 2025 following recent assessments.

Early life

Birth and family background

Lawrence Stroll was born Lawrence Sheldon Strulovitch on July 11, 1959, in Montreal, Quebec, Canada, to a Jewish family of Russian descent. His father, Leo Strulovitch, was a prominent fashion importer in Quebec who secured Canadian licensing rights for brands such as Pierre Cardin and Polo Ralph Lauren, building a successful import business from these partnerships. The family later anglicized their surname from Strulovitch to Stroll, reflecting an adaptation of their Eastern European roots.

Early business experiences

Lawrence Stroll's entry into the business world occurred through his family's fashion import operations in , where he began assisting with basic tasks such as sweeping floors and packing boxes as early as age eight. This early exposure instilled foundational operational skills and a hands-on approach to . By age 16, Stroll joined the family company full-time, opting out of to pursue practical experience in sales and distribution. His father, Leo Strulovitch, had established the in 1967 and expanded it by acquiring Canadian licenses for prominent brands, including and Polo Ralph Lauren children's wear lines. These roles allowed Stroll to develop salesmanship and operational expertise within a competitive import environment. At age 17, Stroll was entrusted with managing the Pierre Cardin children's wear license for Canada, a responsibility he used to significantly expand the brand's domestic reach through targeted distribution strategies. This marked his first major licensing deal, demonstrating early acumen in brand growth. Building on this success, in the early 1980s, he secured the Polo Ralph Lauren license for Canada and extended its distribution into Europe, overseeing operations from key hubs in Milan, London, and Paris by age 23. These formative experiences cultivated Stroll's entrepreneurial instincts, particularly his willingness to take risks in uncharted sales territories and negotiate international deals, setting the stage for larger ventures in the fashion sector.

Fashion career

Entry into the industry

In the mid-1980s, Lawrence Stroll relocated to to spearhead the expansion of 's brand, securing licensing and distribution agreements that established its foothold across the continent. Initially based in , he shifted operations to , where he managed Polo Ralph Lauren Europe, focusing on building retail networks and adapting the American aesthetic to European markets. This role honed his expertise in international brand licensing, drawing on sales acumen from his earlier ventures in . Toward the late 1980s, Stroll formed a pivotal with , a Hong Kong-based who held licenses in Asia, to pursue coordinated global expansion strategies for apparel brands. Their collaboration emphasized bridging regional markets, with Chou handling Asian growth and Stroll overseeing European and North American outreach. In , this alliance culminated in the formation of Sportswear Holdings Ltd., through which they acquired a 70 percent stake in the fledgling Corporation. Stroll assumed key operational responsibilities in Tommy Hilfiger's early development, driving marketing campaigns that positioned the brand as a symbol of casual American cool and overseeing retail expansions in and . Under their guidance, the company grew from a niche designer label into a broader entity, with and store openings amplifying its visibility. However, the brought challenges amid economic shifts, including intensified competition in the apparel sector and over-distribution that strained growth and led to fluctuating demand.

Major investments and sales

In the , Stroll, in partnership with , oversaw the expansion of from a niche label into a global powerhouse, achieving annual sales approaching $2 billion by 2000 through aggressive international marketing and distribution strategies. This growth culminated in 2006 when their Sportswear Holdings sold the company to for $1.6 billion, yielding Stroll an estimated personal return of around $500 million from his majority stake. A pivotal move came in 2003 when Stroll and Chou acquired an 85% stake in from for approximately $100 million, transforming the brand from a modest line into a comprehensive apparel empire with widespread retail presence. Under their guidance, the company expanded globally, leading to a blockbuster 2011 on the that valued the firm at $3.8 billion and boosted their combined stake to nearly $1.9 billion. Subsequent share sales, including a full exit of their remaining 5.7% holding in 2014, generated over $1 billion in total returns for Stroll by that year, solidifying his status as a titan. Stroll's portfolio also included stakes in licensing deals, such as the Canadian rights to Pierre Cardin's children's wear, which he expanded nationwide starting in 1976 and later leveraged for broader European distribution of brands like . While specific sales from these licenses contributed to early capital accumulation, they paled in scale compared to his apparel exits. Efforts in Canadian retail expansions further diversified his holdings but remained secondary to core brand investments. These strategic maneuvers—characterized by patient long-term holding, brand revitalization, and well-timed exits—amassed Stroll's fashion-derived fortune, elevating him to status by the mid-2010s with a exceeding $2.5 billion primarily from Tommy Hilfiger and Michael Kors proceeds. He reinvested portions of these gains into subsequent ventures, maintaining a focus on high-growth opportunities in apparel and beyond.

Involvement in motorsport

Early investments

Following his success in the , Lawrence Stroll began diversifying his portfolio into and other sectors in the early , leveraging profits from apparel ventures to fund these new pursuits. In 2000, Stroll acquired the racetrack in Quebec's , a historic venue that had previously hosted and other major events; he owned and managed it for over two decades, investing in its operations and facilities until selling it to Holand Automotive Group in August 2022 for an undisclosed amount. Stroll's entry into team ownership came alongside his support for his son 's emerging racing career, beginning with sponsorships in karting during the late 2000s, where Lance earned accolades such as Karting Rookie of the Year in 2008 and Driver of the Year in 2009. This backing extended to junior formulas, with Stroll providing financial resources for Lance's progression through series like the in 2013 and Italian F4 in 2014. In 2014, Stroll purchased the Powerteam, an junior formula squad competing in and Formula 3, investing approximately $60 million to enhance its capabilities, including top-tier equipment and engineering support, which facilitated Lance's win that year and subsequent European F3 title in 2016. He retained ownership until 2021, when a majority stake was sold to firm DC Racing Solutions amid his growing focus on higher-level motorsport endeavors.

Aston Martin and Formula One

In August 2018, a consortium led by Lawrence Stroll acquired the assets of the Force India Formula One team out of administration for £90 million, saving the operation from collapse and preserving jobs for over 400 employees. The team was rebranded as Racing Point F1 Team ahead of the 2019 season, with Stroll's group assuming full operational control and focusing on stabilizing the squad's competitive position. In early 2020, Stroll spearheaded a investment of £182 million into , securing a 16.7% stake and positioning the company for recovery amid financial distress that had threatened its viability. This deal, part of a broader £500 million funding round, elevated Stroll to the role of executive chairman in April 2020, where he oversaw strategic shifts to integrate ambitions with the automaker's heritage. The Racing Point team underwent a full rebranding to the F1 Team for the 2021 season, marking the completion of ownership transition under Stroll's leadership and establishing it as a backed by the car manufacturer. Key hires, including as team principal and CEO, bolstered the leadership structure to align with elevated performance targets. By 2025, Stroll emphasized preparations for 's 2026 regulations overhaul, which introduce sustainable power units and redesigned chassis to promote closer . Discussions advanced toward a engine partnership starting in 2026, positioning as the sole customer team for the Japanese manufacturer's new powertrains. Staff restructures included the removal of at least seven design department members in November 2025 to streamline operations ahead of the regulatory shift. In July 2025, sold a minority stake in its team, valuing the operation at approximately $3.2 billion. Stroll publicly reiterated his "relentless" commitment to pursuing world championships, framing the team's evolution as a long-term mission rooted in loyalty and ambition. Stroll has consistently supported his son Stroll's position as a , with the confirming Lance's contract through at least 2026 amid performance goals aimed at podium contention and beyond. Overall investments under Stroll's direction have surpassed £500 million, encompassing the initial team acquisition, automaker , and subsequent to elevate the program's and competitiveness.

Personal life

Family and marriages

Lawrence Stroll was first married to Belgian-born businesswoman Claire-Anne Callens in the early . The couple later divorced, with Callens remaining involved in fashion ventures post-separation. Together, they have two children: daughter , born on April 11, 1995, in , and son , born on October 29, 1998. Chloe Stroll has pursued a career as a model, influencer, and , releasing music since 2012 and collaborating with brands in the and sectors. In May 2023, she married Australian Olympic snowboarder in a high-profile ceremony in , , attended by including and . The couple welcomed their first child, son Leo Harry James, in October 2024. Lance Stroll began his racing career in karting and progressed through junior formulas, winning the championship in 2014 and the European Formula Three title in 2016. He made his debut with the Williams team in 2017 at age 18, becoming the youngest driver on the grid that year and securing a finish in his third race at the . His entry into F1 was facilitated by his father's business connections in . Following his divorce, Stroll married model and Diniz in 2020 on the island of . , formerly married to financier Scolamiero with whom she has a son, transitioned from modeling to pursuits and , creating dresses worn by celebrities like . The couple has no children together. The Stroll family relocated from to , , in 2010 to support business operations and maintain privacy amid growing public profiles in and . This move aligned with Stroll's international investments while allowing his children to pursue their interests in a stable environment.

Residences, assets, and net worth

Lawrence Stroll maintains his primary residence in , , where he has lived since the 2010s, while holding Canadian citizenship and establishing Swiss tax residency. Among his other properties, Stroll owns a luxurious $23 million estate in , , , reflecting his roots in the city. He also possesses a fleet including private jets, such as a Bombardier Global 6000 registered as N711LS, and ownership, having previously held the 96.55-meter Faith valued at approximately $200 million before selling it, and more recently acquiring the 79-meter Project 714 in 2025. Stroll's car collection emphasizes rare and high-value vintage and performance vehicles, particularly Ferraris, with standout pieces including a 1963 valued at around $70 million, a 1958 , a 1998 , an original , and several models such as the DB3S and DB5. In addition to automobiles, Stroll and his wife Claire-Anne maintain investments in , as recognized among prominent collectors, though specific pieces or values remain privately held. His interests extend to luxury timepieces through business affiliations, including partnerships with for Aston Martin-branded high-end watches. As of October 2025, estimates Stroll's net worth at $3.8 billion, primarily accumulated from profitable exits in the fashion industry—such as stakes in and —and his significant ownership in , with no substantial fluctuations reported throughout 2025. Stroll's philanthropic activities are limited in public profile, with occasional support channeled through family ties or initiatives, including indirect involvement in youth development programs via the F1 team's partnerships, such as the 2025 Your Greatness STEM Racing program.

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    Oct 1, 2025 · As part of the Unearth Your Greatness Programme, Maaden is announced as Official Supporting Partner of STEM Racing, the global F1 supported ...Missing: Lawrence | Show results with:Lawrence