What is Lance Stroll’s net worth, salary and career earnings?

What is Lance Stroll’s net worth, salary and career earnings?

Kevin Omuya
updated at December 14, 2023 at 2:53 AM

Lance Stroll is one of the most promising young drivers in Formula 1, debuting in 2017 with Williams. Lance Stroll's net worth has increased since he moved to Aston Martin, where he is partnered with Fernando Alonso, a two-time world champion. Stroll has shown flashes of brilliance on track, scoring three podium finishes and one pole position in his career.

Lance Stroll's net worth
Lance Stroll of Canada and Aston Martin attends the Drivers Press Conference at Marina Bay Street Circuit on September 14, 2023, in Singapore, Singapore. Photo: Edmund So
Source: Getty Images

Being the son of a billionaire, Formula One racing driver and Grand Prix winner Lance Stroll has already amassed a fortune. The 24-year-old's development in Formula One has been nothing short of remarkable. Then he stands here, teamed up with Fernando Alonso, one of the all-time great drivers.

Profile summary

Title

Details

Full name

Lance Stroll

Gender

Male

Age

25 years old as of 2023

Date of birth

October 29, 1998

Place of birth

Montreal, Canada

Nationality

Canadian

Height

1.82m(5'11")

Weight

70kg (154lbs)

Marital status

Single

Parents

Lawrence Troll (father), Claire-Anne Callens (mother)

Profession

Professional racing driver

Car number

18

2023 Position

10th (74 points)

Net worth

$50 million

Social media

Instagram, X(Twitter)

Lance Stroll's biography

Lance Stroll
17th placed qualifier Lance Stroll of Canada and Aston Martin F1 Team at Lusail International Circuit on October 06, 2023, in Lusail City, Qatar. Photo: Dan Istitene
Source: Getty Images

Stroll was born on October 29, 1998, in Montreal, Canada. He is 25 years old as of the time of writing. As the second-youngest driver to start a race in Formula One history, he made his debut in 2017 at the age of eighteen. At the Italian Grand Prix that year, he made history as the youngest driver to ever start on the grid's front row.

His billionaire father, Lawrence Stroll, owns Aston Martin and other high-end brands. At the tender age of five, Lance began his journey in karting, swiftly ascending the ladder of junior motorsport.

How much is Lance Stroll worth?

In 2023, Stroll's wealth was estimated to be $50 million. His reported annual salary of about $10 million as an F1 driver for Aston Martin provides the bulk of his income. Brands such as TAG Heuer, Bombardier, Bell Helmets, BWT, and others have sponsored and endorsed him, adding to his income.

Lance Stroll's career earnings

Stroll earns $20 million annually as one of the richest drivers in Formula One drivers. He was previously associated with Racing Point under a $10 million yearly contract before securing his present deal with Aston Martin in 2022.

Lance Stroll's houses and cars

One of Stroll's many homes is in Aspen, Colorado, while the other is in Monte Carlo, Monaco. His home in Monte Carlo is a penthouse with all the trappings of a Hollywood A-lister, including a view of the Mediterranean Sea.

Among Lance's many vehicles is the Aston Martin AMR22, which features a Mercedes-AMG F1 M13E Hybrid powertrain. With its cutting-edge safety features, this high-performance vehicle can reach speeds of over 200 mph.

In addition to his race car, Lance owns several high-end vehicles, such as a Bugatti Chiron, Lamborghini Aventador, and Ferrari 488 GTB. These fast cars reflect his wealth and style, and he loves driving them.

Lance Stroll’s career

Lance Stroll's career
Lance Stroll of Canada driving the Aston Martin AMR22 Mercedes (18) at Circuit de Spa-Francorchamps on August 27, 2022, in Spa, Belgium. Photo: Dan Mullan
Source: Getty Images

Throughout his Formula One career, Lance has experienced both spectacular highs and crushing lows. Despite having a rough 2018, he made strides in 2019 with Racing Point, placing fifteenth in the championship and earning his second podium. Despite struggling with COVID-19 and crashes in 2020, he achieved a new level of success, finishing third and earning his first pole position.

But Perez was more effective; in 2021, he would have to contend with Alonso. Despite their solid partnership, Stroll's cycling accident prevented him from starting the season and forced Hulkenberg to step in.

Lance Stroll's stats

Participating in the 24 Hours of Daytona race has been a highlight of Lance's career. A few of his most impressive career statistics are as follows:

  • During the 2016 24 Hours of Daytona, Lance finished in fifth place.
  • Stroll finished in third place at the 2020 Australian Grand Prix.
  • The 2017 Azerbaijan Grand Prix was a good race for Stroll, who finished in third place.
  • For the 2016 Formula 3 season, Lance won no less than six races while riding for the Prema Powerteam.
  • With seven victories in the 2014 Italian F4 championship, Lance was named champion.

Lance Stroll’s awards and achievements

Lance Stroll's awards
A detailed view of the third-place trophy won by Lance Stroll of Canada during the F1 Grand Prix of Sakhir on December 06, 2020, in Bahrain, Bahrain. Photo: Mario Renzi
Source: Getty Images

Like many Formula 1 drivers, Stroll got his start in karting and enjoyed tremendous success from 2008 to 2013. Some of the high points of his career include the following:

  • In 2014, Lance was named Italy's Formula 4 championship champion.
  • In 2015, he went on to win the Toyota Racing Series.
  • Lance won the 2016 European Formula 3 Championship.
  • For the 2022 Formula One season, Lance will drive for the Aston Martin Aramco-Mercedes Team.
  • Lance won the Coupe de Quebec - Micro Max twice that 2008 season.

Lance Stroll's charity work

Racing for Kids and UNICEF are just two of the many worthy organizations that have benefited from Stroll's generous contributions. He is heavily involved in fundraising events for Racing for Kids, which helps children with cancer.

Helping children all over the world is something he feels strongly about, so he has also donated to UNICEF. On top of that, he and his father, Lawrence Stroll, started The Stroll Foundation to help young people through sports, health, and education.

Lance Stroll's quotes

Lance Stroll's quotes
Lance Stroll of Canada and Aston Martin F1 Team greets fans from the fan stage at Circuit de Spa-Francorchamps on August 27, 2022, in Spa, Belgium. Photo: Mario Renzi
Source: Getty Images

At the FIA Formula One World Championship race in Austin, Texas, USA, Canadian driver Stroll poses for a portrait while driving for Aston Martin, Aramco, and Cognizant in the Formula 1 Lenovo United States Grand Prix. Artist: Gongora

Lance maintains that his father's ownership stake in the racing team has nothing to do with his current position; instead, he attributes it to his driving abilities. Ignoring his detractors, Stroll makes a valid point: very few people can learn to drive Formula One race cars, and even fewer can do an excellent job of controlling them. His favourite quotes are as follows;

“Don’t get me wrong: I’ve had a lot of fortune, to come where I’ve come from, to be able to move to Europe, to go racing.”
“I’m showing people what I’m made of, and if people don’t want to accept that and face the facts, I can’t help that. ”
“I have a small entourage of people who I trust. I value their opinion on my career. And I stick to those voices. The rest is just background noise. ”
“There will always be jealous people and haters who assume that if they were in your shoes, they could do what you’re doing. That’s just the world we live in. ”
“The more experience you have, the less is needed, but I feel like I have good support around me and people helping me to be the best I can be. ”

Final word

Lance Stroll's net worth has surged due to his driving prowess and lucrative endorsement deals. He has amassed a tidy fortune throughout his racing career. As a result of his privileged background and his father's wealth, Stroll has had to deal with both positive and negative comments about him. He inspired many racing fans, though, because he made good use of his wealth and power.

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Authors
Kevin Omuya photo
Kevin Omuya
Kevin Omuya is a Content Writer with 4 years of experience who joined Sports Brief in 2022. In 2019 he held a Bachelor of Arts in Journalism & Digital Media from KCA University.