News Details
Stroll: New budget cap makes teams profitable
Lawrence Stroll is new to Formula 1 team ownership but when he says he is in it to win it with Aston Martin, and believes he can, he speaks as someone who has been around the sport for decades. The Canadian billionaire, who made his fortune in fashion, told Reuters the introduction of a budget cap this season and a fairer distribution of revenues could make the dream come true. 'If (F1 owners) Liberty had not brought in the rules of the new budget cap, and the new cash distribution, I would never have made the investment and acquired a Formula One team,' he said. 'With this new budget cap, it makes these teams profitable. We´re all playing on a level playing field, it´s not that two or...
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