News broke last month that Lawrence Stroll was selling his Le Circuit Mont-Tremblant racetrack he owned since 2000, begging the question why is he unloading his toys? He has invested generously in the 2.65-mile circuit, a venue that hosted the Canadian Grand Prix in 1968 and 1970, by building a new timing tower and enhanced medical facilities valuing the venue at over $10-million. The sale comes on the back of selling his South Florida penthouse previously owned by Oprah Winfrey for $20-million. Furthermore, citing a conflict of interest with his Aston Martin shareholding he is in the process of selling his $220-million collection of vintage Ferraris with the jewel in the crown being the...
Full Story »