Paul Stoddart

: January 5, 2024
: Entrepreneur

Quick Facts
Paul Stoddart Biography
Paul Stoddart Net Worth
Height, Weight & Body Measurements
Who is Paul Stoddart Dating?
Facts & Trivia

Quick Facts

Full Name	Paul Stoddart
Occupation	Entrepreneur
Date Of Birth	May 26, 1955(1955-05-26)
Age	69
Birthplace	Coburg
Country	Germany
Birth City	Bavaria
Horoscope	Taurus

Paul Stoddart Biography

Name	Paul Stoddart
Birthday	May 26
Birth Year	1955
Place Of Birth	Coburg
Home Town	Bavaria
Birth Country	Germany
Birth Sign	Taurus

Paul Stoddart is one of the most popular and richest Entrepreneur who was born on May 26, 1955 in Coburg, Bavaria, Germany. Paul Stoddart (born 26 May 1955) is an Australian millionaire, a billionaire in the world of aviation and the former proprietor of the Minardi Formula One racing team. The team was later rebranded by his Minardi name into the Champ Car World Series after his purchase of a piece of CTE-HVM racing, which was renamed Minardi Team USA for 2007.

European Aviation moved on to sponsor Arrows in 2000. In the year 2000, his European Racing became the Arrows Junior Team along with their driver Mark Webber.

In December 2006 Stoddart purchased the CTE-HVM ChampCar team which he renamed Minardi Team USA – Giancarlo Minardi retains the rights to use the name in some formulae and markets, Stoddart in others. The team was successful, Robert Doornbos finishing 3rd overall and taking the Rookie of the Year honours. However, a month before the 2008 season, ChampCar was absorbed by the rival Indy Racing League. Although enthusiastic about the future of the series, Stoddart opted not to enter it, fearing that he and the other ex-ChampCar teams would be unable to be competitive. However, the half of the team owned by Keith Wiggins continued on as HVM Racing in the IRL.

In March 2006, less than a year after selling his team to Red Bull, Stoddart announced his intentions to return the Minardi name to Formula One after lodging an entry with the FIA for the 2008 championship season. However, rival entry Prodrive were awarded the 12th and final place on the grid (which they ultimately did not use).

Tyrrell had been close to adopting Stoddart as well as European Aviation as a technical partner, and was in the process of constructing a team wind tunnel in the headquarters of the company, when , in the early part of 1998 British American Tobacco bought out the Tyrrell family and set up their own racing team called British American Racing. Stoddart purchased a lot of Tyrrell equipment, and was the official partner of the Jordan Grand Prix in 1999 He also participated with two of his drivers into Formula 3000. Formula 3000 championship.

Paul Stoddart Net Worth

Net Worth	$5 Million
Source Of Income	Entrepreneur
House	Living in own house.

Paul Stoddart is one of the richest Entrepreneur from Germany. According to our analysis, Wikipedia, Forbes & Business Insider, Paul Stoddart 's net worth $5 Million. (Last Update: December 11, 2023)

In the latter half of 1989 Stoddart acquired two BAC1-11 aircrafts as well as three Falcon 20 business jets (and an extensive array of components for each planes) through the Australian Royal Air Force’s VIP Squad’ (the Canberra- based No 34 SQN) with the intention of selling the 1-11 BACs to a private company or charter services in Africa and the UK. These Falcon 20 aircraft were on-sold from his Sydney base at Hawker Pacific Mascot, to civilian buyers. First BAC 1-11 was flown to England in April of 1990. the next one following in 1991. He purchased several one-seater BAC aircraft through DAN AIR forming European Aviation.

Stoddart was racing again in the year 1996, when the team bought 10 Tyrrell F1 cars and including a Minardi and an Benetton and an Brabham to use for his own purposes. European Aviation sponsored Tyrrell in 1997. The following time, Stoddart took part in his many F1 cars into an F1 Historical Championship; he formed an own company, European Formula Racing, which was led by Nigel Greensall won the championship in 1997 and 1998.

Stoddart realized his dream to become a Formula One team owner when Minardi shareholder Gabriele Rumi sold out to him shortly before the 2001 season began. Under Stoddart, the team struggled from 2001 to 2005, remaining a perennial backmarker due to its shortage of lucrative sponsorship. Stoddart almost sold European Aviation at the end of 2002 and Wilux became Minardi’s title sponsor. Longtime Minardi sporting director John Walton died on the eve of the 2004 British Grand Prix; the team ran a sponsor-free tribute livery for that race, but Wilux subsequently ended its sponsorship, stating that they would rather have been informed beforehand. A lack of sponsorship once again left Minardi’s future very much in doubt. For most of what would turn out to be Minardi’s final season on the grid, the black cars were emblazoned with OzJet, a three aircraft Boeing 737-300 business class only airline in Australia owned by Stoddart, that flew for a few months but is now operating as a Charter service. On 12 September 2005, Stoddart announced that he had sold his team to Red Bull Racing owner Dietrich Mateschitz who subsequently rebranded the team as Toro Rosso.

Height, Weight & Body Measurements

Paul Stoddart height Not available right now. Paul weight Not Known & body measurements will update soon.

Who is Paul Stoddart Dating?

According to our records, Paul Stoddart is possibily single & has not been previously engaged. As of December 1, 2023, Paul Stoddart’s is not dating anyone.

Relationships Record : We have no records of past relationships for Paul Stoddart. You may help us to build the dating records for Paul Stoddart!

Facts & Trivia

Paul Ranked on the list of most popular Entrepreneur. Also ranked in the elit list of famous people born in Germany. Paul Stoddart celebrates birthday on May 26 of every year.

The 27-year-old Scottish driver, whose partner is the Williams co-owner Christian ‘Toto’ Wolff, currently races a Mercedes in the German touring car series DTM. “I dream about formula one,” Stoddart, no relation to the former Minardi owner Paul Stoddart , told the Austrian magazine SportWoche.

What is Paul Stoddart doing now?

Former Minardi team owner Paul Stoddart is back in Formula One and making a big noise again. The Australian aviation entrepreneur, whose popular Italy- based outfit became Toro Rosso after he sold it to Red Bull in 2005, is now running what he fondly refers to as the sport’s ’11th team’.

Who is Paul Stoddard?

Paul Stoddart
Paul Stoddart at the 2006 Australian Grand Prix
Born| 26 May 1955 Coburg, Australia
Nationality| Australian

Who owned Minardi f1?

Australian businessman Paul Stoddart has bought Minardi for an undisclosed figure, the Italian Formula One team announced this morning. Stoddart, a Grand Prix fan with a collection of old racing cars, runs the European Aviation Group and also a Formula 3000 team.