Don't know how credible this is, or what the source is, but interesting story on motorsport.com
Lawrence Stroll will soon take over the Swiss Formula One team known as Sauber.Motorsport.com has learned at Monza that Canadian billionaire Lawrence Stroll is looking to purchase the Sauber F1 Team.
Stroll owns the Circuit Mont-Tremblant in Canada, a Ferrari dealership in Québec, and an impressive collection of cars that include two of the most expensive in the world (Ferrari P4 and a Ferrari 275 GTB/4).
The fashion industry tycoon is also in the process of selling off his shares in Michael Kors, through his private equity firm Sportswear Holdings. He held a 5.7% stake in the company and with this decision, he will be left with plenty of money leftover to buy into a Formula One team.
On Forbes, the 55-year-old is ranked as the 816th richest man in the world, worth $2.3 billion dollars. Bernie Ecclestone dismissed rumors eariler this year that said Stroll could buy into an F1 team, but it seems as though this deal with Sauber is as good as done.
Sauber has struggled in 2014 thus far, failing to score any points between drivers Adrian Sutil and Esteban Gutierrez.
http://www.motorspor...y-sauber-456286
Edited by JHSingo, 07 September 2014 - 14:52.