Lawrence Stroll Eyes Aston Martin Sale

🤑 Yes, this platform’s 77% return is an outlier – but the rest may surprise you…

The news is true: Masterworks’ 15th sale just weeks ago returned an impressive 77% to investors. While such a high return is an outlier for the blue-chip art investing platform, you might be wondering what their prior sales delivered. Glad you asked…

Every one of their sales has returned a profit to investors, with 12 of them delivering double-digit returns, and 1 delivering triple-digit annualized returns.

In full, Masterworks has over 300 paintings and their 16 exits have delivered: 32%, 39.3%, 36.2%, 27.3%, 9.2%, 33.1%, 21.5%, 17.8%, 13.9%, 35%, 10.4%, 325.5%, 4.1%, 17.6%, 77.3%, and 13.4% net annualized returns.

Every sale but one outperformed the stock market in the period from when it was offered to when it was sold.

With performance like that, offerings on the platform can sell out in minutes. However, The Racing Recap readers can skip the waitlist to join with this exclusive link. Skip the waitlist

🌎 Around Formula 1

🤑 Lawrence Stroll Eyes Aston Martin Sale - Amid financial strategies and soaring F1 popularity, Lawrence Stroll considers selling up to 25% of Aston Martin's team. This potential sale seeks to capitalize on high valuations influenced by the sport's increasing appeal, especially in the US market. What would this mean for his son Lance? Read

🇺🇸 US Congress Supports Andretti - Mario Andretti's push to enter F1 with Andretti Global and a GM works engine by 2028 garners political backing. A bipartisan group of Congress members, led by Senator John James, challenges Liberty Media's decision under competition law, questioning its impact on market fairness and the exclusion of a potential American team from the global racing scene. Read

🤔 Innovative Proposal for New F1 Teams - An intriguing proposal aims to redefine how new teams join F1 from 2026. Crafted by Tim Milne and Lewis Butler, the plan suggests allowing up to three new teams to enter F1 as non-constructors. These teams wouldn't dilute the existing prize fund since they wouldn't claim any constructors' championship points or prize money. Instead, they would focus on developing their market and technical capabilities, potentially achieving constructor status by their fourth season. This approach promises to nurture growth without compromising the financial incentives of current teams, fostering a more inclusive and dynamic landscape. Read

🛞 Drivers

🤯 Sargeant's Done After Miami? - His tenure in Formula 1 may end in Miami as Toto Wolff gears up 17-year-old Kimi Antonelli for an early debut. Despite concerns about his super license and the Williams car's competitiveness, Mercedes and Wolff seem ready for a bold move, potentially replacing Sargeant following persistent performance issues. Read

😤 Verstappen Prioritizes Performance Over Mega Offers - He emphasizes that his decision about his future will hinge on performance rather than financial incentives. Despite lucrative approaches from Mercedes and internal shifts at Red Bull, including Adrian Newey's departure, Verstappen maintains his commitment to performance, dismissing rumors of a 150 million euro deal as secondary to his competitive ambitions. He remains focused on achieving success with Red Bull, wanting to race at the front rather than monetary gains. Read

🏎 Teams

😳 Newey's Red Bull Exit Shakes Up F1 - His departure from Red Bull in early 2025 signals a major shift in F1. Known for his engineering prowess, Newey's move could end Red Bull's dominance and ignite interest from teams like Ferrari and Aston Martin. With his ability to adapt to the ground-effect-based chassis, Newey remains a hot commodity for the 2026 engine regulations overhaul. His exit not only poses challenges for Red Bull but also opens strategic opportunities for rivals aiming to strengthen their technical teams. Read

🤨 Sainz Uncertain About Audi Despite Hulkenberg Signing - Carlos addresses rumors about his future in F1, clarifying that there are no guarantees of a seat with Audi despite their interest. Amidst speculation and Audi's recent acquisition of Hulkenberg for 2026, Sainz remains open to exploring all options as he plans his exit from Ferrari. The situation unfolds as Sainz weighs potential opportunities with other top teams while navigating the complexities of F1 negotiations. Read

💨 Fast Laps

Horner challenges Ricciardo to step up performance to maintain seat. Read

Nico Hulkenberg expresses high anticipation for Audi's F1 entry. Read

Hamilton goes down 5th Avenue performing donuts in front of the Empire State Building. Watch

F1 introduces "Backpacker" tickets for Las Vegas GP. Read

Check out drivers’ special helmets and teams’ liveries for Miami. Go

Ricciardo expresses frustration over unresolved tensions with Stroll following their collision. Read

🇺🇸 Miami GP Preview

Stories Heading Into Miami

Miami's Sprint Challenge: The Miami Grand Prix introduces its inaugural Sprint event, promising a rapid and intense race weekend. Teams must adapt quickly in a track known for its challenges and opportunities for strategic gambits.

McLaren's Anticipated Boost: With a major upgrade on the horizon, McLaren aims to capitalize on recent strong performances, hinting at significant competitive enhancements for the Miami GP.

Rising Stakes and Upgrades: As the season heats up, teams like Mercedes and Alpine are not holding back, introducing crucial updates in hopes of narrowing the gap with front-runners, making the Miami GP a pivotal event in the 2024 F1 calendar.

📊 Standings

Does your F1 team have you stressing this season?

BetterHelp → Looking for real change in 2024? Resolutions usually don’t get you there. But therapy can. Give it a try this year. Millions of people have joined BetterHelp to find the right therapist for them — without having to leave home. Start today and take 25% off your first month.

📣 ^{Want to advertise in The Racing Recap? Learn more here}