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Inside Lawrence Stroll’s $282 Million Superyacht ‘Faith’

If you’re a billionaire and you don’t own a superyacht, there’s a reasonable case to be made that you’re not enjoying your money as much as you could be. Fortunately, there’s virtually zero doubt that Lawrence Stroll is enjoying his wealth to its absolute fullest, as the owner of the Faith superyacht that was recently spotted by Boss Hunting’s very own James Want at the Monaco F1 Grand Prix.

As the National Post noticed, this year’s Monaco F1 Grand Prix had a noticeably smaller contingent of superyacht owners, thanks mostly to the international sanctions on Russia’s wealthiest citizens that have seen billions of dollars of assets seized by various governments around the world. This meant Lawrence Stroll’s Faith was one of the largest superyachts in town on race day, with a length of nearly 97m and enough space for a dozen of Stroll’s nearest and dearest.

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As you’d expect from a vessel worth an estimated US$200 million (AU$281,792,000), Faith offers a large lounge area complete with a toasty fireplace, private movie theatre, gym, 9-meter swimming pool, spa and plunge pool, as well as several bar areas to enjoy a spritz in the sun. If that sounded a little too pedestrian for your taste, the superyacht also has a Flyboard (you know, the waterjet powered hoverboard), several jet skis, kayaks, wakeboards and even a couple of water slides.

While the Faith is owned by Stroll, it’s also available for private charter via Yacht Charter Fleet. For a week on the Faith, you can expect to pay approximately US$1,395,500 (AU$1,965,963), with summer season hotspots including the Amalfi Coast, Corsica, French Riviera, and Sardinia, while popular winter season anchor drops are around the Caribbean.

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Mahim Suhalka | Published May 25, 2024

Credits: IMAGO / Beautiful Sports and IMAGO / Pixsell

Since its inception, the Monaco GP has lured the creme de la creme to the coast of Monte Carlo. The race in the Principality of Monaco is one of the most prestigious and glamorous races on the calendar. The 2024 edition is no different. However, on this occasion not a celebrity but a former F1 driver Nicholas Latifi made the most heads turn. The Canadian and his father reportedly arrived at the Monaco harbor with their fellow countrymen in a whopping $200 million super yacht.

This biggest privately owned yacht on the weekend is Lawrence Stroll ‘s former ultra-luxury yacht called Faith. The Canadian billionaire was aboard it along with his son and Aston Martin driver Lance Stroll. The 318-foot-long vessel exchanged hands between Canadian billionaires Lawrence and Michael Latifi, father of the former Williams driver, in the recent past.

According to @JoePompliano on X, the super yacht has 2 helipads, 2 jet skis, a gym, a theatre, a pool, and a sauna. The fully loaded boat also rents for $1.5 million a week. According to some photographs, one of the front helipads also doubles down as a basketball court when not in use.

The $200 million superyacht Faith has arrived in Monaco for the F1 race. • Helipad & 2 Jet Skis • Gym, Theater, Pool & Sauna The boat rents for $1.5M weekly and was owned by Lawrence Stoll (until he sold it to Michael Latifi, the father of former F1 driver Nicholas Latifi). pic.twitter.com/QQpuQR5JDB — Joe Pompliano (@JoePompliano) May 24, 2024

Kym Illman did a little research and revealed a boat much smaller than Faith costs about $120,000 to $150,000 to park in Monaco for 5 days. That’s the basic operating cost. According to various sources, Faith’s yearly operating cost is around $15 to $20 million.

The massive superyacht can accommodate 18 guests comfortably and a crew of 34. However, the Latifi-owned yacht wasn’t the only extraordinary boat on the harbor on the weekend.

F1 photographer reveals the details of the second-largest yacht at the Monaco GP

The second biggest and second most expensive yacht of the weekend is Lionheart. Owned by British businessman Philip Green, the super yacht is worth a whopping $150 million. The Monaco resident’s vessel is a 2016 model and Italian made by Benetti. The Lionheart is sturdy as well with steel construction paired with an aluminum superstructure, according to SuperYachtFan.com .

The mega boat has a cruising speed of 15 knots and has a diesel-electric propulsion system which is powered by Caterpillar engines. Apart from that it can house 12 guests and a crew of 30. According to Illman, the running cost of Lionheart is $15 million a year.

The British billionaire’s yacht is not as long as Faith, falling 18 feet shy and measuring 300 feet. The weekly rental costs are not clear, however, a few popular names have boarded the Lionheart. In the past, soccer megastar Cristiano Ronaldo has been spotted riding the mega yacht.

Post Edited By: Aishwary Gaonkar

• Lance Stroll
• Lawrence Stroll
• Nicholas Latifi

About the author

Mahim Suhalka

Mahim Suhalka is an F1 journalist at the SportsRush. With an ever-growing love for the sport since 2019, he became a part of the industry two years ago and since then has written over 2200 pieces. A Lewis Hamilton fan through and through and with Hamilton's loyalties shifting to Ferrari, so will his. Apart from F1, he is a Football fanatic having played the sport and represented his state in various tournaments as he still stays in touch with the sport. Always a sports enthusiast Mahim is now translating his passion into words.

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McDonald’s worker-turned-billionaire brought his $200 million superyacht to the 2024 Monaco Grand Prix and paid a jaw-dropping $141,000 just to moor his 317-foot-long vessel near the track so he could enjoy the race from the comfort of his floating palace

A Superlative Vantage Point, at a High Cost

Owning a luxury vessel comes with high costs, including annual maintenance, crew salaries, fuel charges, and hotel expenses. During the Monaco GP event, these costs extend with substantial berthing charges. According to the Formula 1 Grand Prix rate chart , docking charges for a boat like Faith, which spans 95 meters or 315 feet, would not ideally fit in the trackside zone due to its size. The next best option for Faith Yacht is Zone 1, which has docking charges of $141,000.

Faith: Fabulous, Flamboyant, and Full of Luxuries

Faith is a winner not just of hearts but also of several well-deserved awards such as the World Superyacht Award 2018, Motoryacht of the Year, Best Displacement Motoryacht 2000GT and above, and Boat International Design & Innovation Awards for Best GA & Deck Design, Best Interior Design, and Best Tender. With RWD responsible for exteriors and interiors and naval architecture by Feadship, this five-deck beauty accommodates 18 guests in 9 staterooms, with 32 crew members. The owner enjoys unmatched luxury treatment aboard the vessel.

Canadian billionaires lead the way as superyachts arrive in Monaco for F1 grand prix

The absence of Russian superyachts means Michael Lee-Chin's and Lawrence Stroll 's vessels are the largest this year

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Canadian billionaires Michael Lee-Chin, who is also Jamaican, and Lawrence Stroll are leading the way with their massive superyachts arriving in Monaco ahead of the Formula One Grand Prix.

Topping the list of largest superyachts is the 377-foot Ahpo, reportedly owned by Lee-Chin. The investor’s net worth is around $1.8 billion, Forbes reported .

The yacht, designed by Nuvolari Lenard studio, is said to have six decks, a full gym, beauty salon, spa, swimming pool, jacuzzi, dance floor and movie theatre, according to the publication autoevolution .

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Coming in second place at 317 feet long is the Faith, owned by Canadian fashion entrepreneur Lawrence Stroll, whose son Lance drives for the Aston Martin F1 team. Lawrence Stroll’s net worth is $2.9 billion, Forbes reported .

Feadship superyacht FAITH in the South of France!🇫🇷 Anchored here last Friday in the South of France and spotted recently in Villefranche-sur-Mer is one of the largest Feadships delivered to date, the 97m Faith, launched as Project Vertigo in 2016. pic.twitter.com/QZBAcP2EcY — Yacht Informer (@yachtinformer) May 23, 2022

The yacht came with a US$200 million price tag. It can host up to 18 guests and has nine staterooms, according to Yacht Bible . It has indoor and outdoor fireplaces in the private owner’s deck, a movie theatre, gym, a wine cellar and a wellness area.

The nearly 100-year-old annual race is expected to see some showers over the next couple of days, though it’s not expected to deter the floating party scene. More than 80 super yachts, at a combined length of 4.5 kilometers (2.8 miles), are already clustered off the tiny city-state in the French Riviera, with more likely en route.

The Yachts have arrived in Monaco… 🇲🇨🛥 #MonacoGP #F1 #yachtlife pic.twitter.com/1RDD048ZCF — Corinthian Sports (@CorSportsLtd) May 27, 2022

The superyacht world was thrown into turmoil following Russia’s invasion of Ukraine and the sanctions placed on billionaire Russian oligarchs.

More than a dozen yachts worth over US$2.25 billion have already been seized. The seizures have sent the luxury vessels racing across oceans to locales that aren’t as likely to impose or enforce sanctions. Some have logged more than 5,000 nautical miles since the start of the invasion in February.

One of the biggest superyachts, Eclipse, owned by Russian billionaire Roman Abromavich, is 533 feet and would have towered over Lee-Chin’s vessel; however, it was notably absent in Monaco.

One of the first yachts seized, Dilbar , owned by another Russian billionaire Alisher Usmanov, would have also towered over the other vessels in Monaco, at 512 feet. It was impounded by German authorities while it was undergoing repairs, Page Six reported in March. Since then, other yachts and even private jets owned by Russians with connections to President Vladimir Putin have been seized.

The absence of Russian superyachts pushed the two Canadians into the lead for largest yacht — although the country with the most was Greece, closely followed by the United States and France. Russia did not make Bloomberg’s superyacht leaderboard .

With additional reporting by Bloomberg

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FAITH Yacht – Impeccable $200 M Superyacht

Delivered in 2017, FAITH yacht has a length of 96.55 meters (316.77 ft) and is currently ranked 59th on the list of largest yachts in the world.

She was built by the Dutch shipyard Feadship , which is a leading builder of high-end customised luxury yachts. FAITH was voted the best motor yacht in the world in 2018.

FAITH yacht interior

The mega yacht FAITH was designed by Redman Whiteley Dixon (RWD), a British design firm in collaboration with Chahan Interior Design, another well-known name in yachts and real estate design. Up to 18 guests can be accommodated in nine luxurious state-of-the-art suites in addition to a crew of 32. The private owner’s deck has an indoor and outdoor fireplace and a large lounge with a home theatre.

All other guest cabins are located on the main deck with two VIP suites and four spacious double cabins.

FAITH also features a beach club, a fitness room on the sundeck, an indoor and outdoor cinema, a wine cellar, a beautiful wellness area, and an elevator between the main decks.

FAITH yacht specifications

The 96.55 meters (316.77 ft) long superyacht FAITH has a beam of 14.5 meters (47.57 ft) and a volume of just under 3,000 tons.

With her two MTU diesel engines, FAITH reaches top speeds of 17 knots and an average cruising speed of 15 knots, allowing her to reach destinations up to 5,000 nautical miles away. Currently, FAITH sails under the flag of the Cayman Islands.

FAITH yacht exterior

The exterior of FAITH is all-white with a sleek and modern design. The yacht includes a wood-fired pizza oven, a charcoal grill on the sundeck, a helipad, as well as a large 9×4 meter swimming pool with a glass bottom and waterfall.

There are also two 10-meter tenders and a water ski boat along with plenty of toys, such as a flyboard, a slide, jet skis, sea bobs, kayaks, and many more to entertain guests.

FAITH yacht price

Lawrence Stroll is believed to have paid a price of US $200 million for FAITH. The annual running costs amount to US $15 to 20 million dollars depending on use.

FAITH is currently not for sale, however, she is available for charter on a weekly basis.

Depending on the season, weekly charter costs range from US $1.2 million to $1.5 million, not including any additional charges.

While some might consider this a downgrade in terms of size, it is important to note that 80 meters offers a heightened level of convenience and versatility when it comes to exploring various yachting destinations.

By opting for this size, Lawrence Stroll ensures that his new yacht can navigate a wide range of captivating locations with ease, providing an extraordinary yachting experience for himself and his guests.

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• Chahan Interior Design
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The largest yacht in Monaco's harbour

MONACO -- If the wide shots of the Monaco Grand Prix look a little less spectacular this year, it's probably because the circuit's famous harbour is operating at little over half capacity.

Port Hercule, which is skirted by Monaco's famous race track on two sides, usually acts as a magnet for the Mediterranean's superyachts at this time of year, turning 160,000 square metres of liquid real estate into the ultimate playground for the rich and famous.

On a race weekend, a berth in Port Hercule can cost anywhere between €8,000 and €128,000 depending on location and size of boat, with the most expensive positions offering a view of the track from the Nouvelle Chicane to the Swimming Pool complex.

The very biggest boats have no choice but to moor on "The T" behind the Swimming Pool grandstand, with their bows pointing out to sea.

But the COVID-19 pandemic has curbed the party in 2021, with loud music banned after 10 p.m. and no more than 12 guests on a yacht at any time.

The largest yacht in the harbour this year is "Faith", a 316-foot leviathan worth an estimated $200,000,000.

In 2019 it was anchored further down the coastline, acting as the base for Aston Martin team owner Lawrence Stroll and his racing driver son, Lance.

Recent media reports suggest Faith has been sold to Michael Latifi, the billionaire chairman and CEO of Sofina Foods and father of Williams racing driver Nicholas.

Details of Faith can be found online , including its seasonal charter rates, which start at an eye-watering €1,200,000 per week and rise to €1,500,000.

That money not only buys you a lot of yacht for seven days, but also a list of amenities that would make several of Monaco's five-star hotels look rather ill-equipped.

The five-storey floating palace houses a cinema, spa, swimming pool, massage room, steam room, hammam, gym and, rumour has it, a snow room.

It has seven bedrooms that can sleep up to 12 guests, a VIP stateroom to entertain friends and includes an elevator to conveniently link its decks.

Faith also comes laden with toys, including two jet skis, an electric foiling surfboard, three sea bobs and two kayaks.

A helipad and helicopter hangar are built into the floating superstructure, although it seems as though you have to provide your own helicopter.

One charter website carrying details of Faith, claims its "impressive leisure and entertainment facilities make her the ideal charter yacht for socialising and entertaining with family and friends".

Luxuries of Aston Martin F1 Billionaire Lawrence Stroll & His $200 Million Worth “Faith”

Get ready to be swept away by the story of an incredible man and his luxurious lifestyle. Lawrence Stroll, a titan in the F1 racing world, is the proud owner of a breathtaking yacht known as "Faith." This stunning vessel, worth a staggering $200 million, is a symbol of opulence and prosperity. So, buckle up and join us as we embark on a journey to discover more about this remarkable man and his stunning yacht.

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How much did lawrence stroll pay for the superyacht faith, and what is its guest and crew capacity.

According to bosshunting.com, Lawrence Stroll paid around $200 million for his superyacht, Faith. This stunning vessel boasts a guest capacity of over 12, complete with luxurious master suites, and can accommodate a crew of up to 32 members. With its opulent design and state-of-the-art features, Faith is undoubtedly one of the most magnificent yachts in the world, a true reflection of Stroll's wealth and status.

Who built the superyacht Faith and who was responsible for designing its interiors?

Dutch shipyard Feadship built superyacht Faith in 2017, with interiors designed by British firm RWD, known for luxury yacht design excellence.

What type of engines power the superyacht Faith, and what are its average and top speeds? Additionally, under which flag does the yacht currently sail?

The superyacht Faith is powered by two MTU diesel engines, enabling it to reach an average speed of 15 knots and a top speed of 17 knots. With a range of 5,000 nautical miles, Faith can easily navigate long distances with ease. Currently, according to yachtbible.com, the yacht sails under the flag of the Cayman Islands.

What are some of the luxury facilities that are available on Lawrence Stroll's superyacht, Faith?

private movie theater, a wine cellar, a beach club, a fitness room, a spa, and a plunge pool. Additionally, guests can enjoy various water sports activities such as jet skis, kayaks, water slides, and a flyboard – a waterjet-powered hoverboard.

What is the cost to maintain Faith's luxurious amenities and its weekly charter cost? What premium summer and winter destinations can the superyacht cover?

Lawrence Stroll pays $15-20 million annually to maintain Faith's luxurious amenities, with charter costs ranging from $1.2-1.5 million weekly. Faith covers premium summer destinations and winter in the Caribbean.

Lawrence Stroll's yacht Faith- Photo by Raphael Belly

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The extravagant luxuries of Stroll and Latifi’s mega-bucks fathers

Aston Martin driver Stroll and Williams’ Latifi have not always demonstrated the success on the track that their fathers have enjoyed in the business world.

Lawrence Stroll (pictured above) and Michael Latifi have an eye-watering combined value of $5.4 billion!

Lawrence Stroll’s epic car collection

The father of Lance Stroll is worth $2.9 billion (£2.39 billion) which makes him the 1,016th richest person in the world, according to Forbes.

His own father was a wealthy fashion mogul but Lawrence Stroll made his personal fortune by selling shares in the Tommy Hilfiger and Michael Kors brands.

In 2018 he entered F1 by buying Force One, renaming it Racing Point Force India, which then became Racing Point.

His son Lance Stroll drove for Racing Point.

In 2020 Lawrence Stroll led a $235.6 million (£182 million) investment into Aston Martin. He became the executive chairman.

He rebranded his Racing Point F1 team into the Aston Martin F1 team - and again brought in his son as a driver.

The 62 year old’s personal extravagance includes one of the most expensive cars ever sold.

He spent a reported $27.5 million on a 1967 Ferrari 250 GTO in 2013 - it is part of his fleet of personal Ferraris.

His portfolio of properties around the world includes a place in the super-exclusive Caribbean island of Mustique.

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Michael Latifi’s incredible success

The father of Nicholas Latifi left Iran for Canada as a 15 year old.

He earned his first dollar working in McDonald’s.

He is now worth a reported $2.5 billion (£2.07 billion) and is the owner of Sofina Foods.

Michael Latifi invested £200 million into McLaren in 2018.

He reportedly owns Ferrari F1 cars previously driven by Michael Schumacher and Kimi Raikkonen.

The super-yacht sold by Stroll to Latifi?

A yacht with astonishing value and spec was sold by Stroll in 2020. The buyer was reportedly Latifi!

‘Faith’, as it was called, is a 97-metre yacht once valued at $200 million.

It features a helicopter landing spot, a swimming pool with a glass bottom, six bedrooms, a cinema and a hairdresser’s salon.

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