News Details

McLaren Group receives fresh £200m investment

The McLaren Group has announced it has received a fresh investment of £200 million that will be received across the course of the coming year. In a statement issued by the McLaren Group earlier this week, it confirmed that it would be issuing new equity capital following an injection of £203.8m by Nidala (BVI) Limited to purchase over 800,000 shares in the company. “This new capital, which is part of the Group’s simplification over the last 12 months, will significantly strengthen the Group’s balance sheet and underpins its ambitious growth plans laid out in its five-year business plan,” the statement from McLaren reads. 5774263478001 CrashTV:  “This injection of capital...
Full Story »
6y ago from Crash.net 0
Share

You May Also Be Interested In...

Latifi linked with future McLaren move after £200...

British Virgin Isles based body Nidala Limited have purchased 888,135...

McLaren get £200m cash boost with links to F2 racer...

McLaren's coffers have been swollen by a £200million investment,...
6y ago from GPFans.com

McLaren tight-lipped on full time IndyCar plans

McLaren is contemplating a tie-up with a leading IndyCar outfit to put a...
6y ago from F1i.com

Brown: McLaren is a fan of the Le Mans brand

McLaren chief Zak Brown has confirmed that his team are looking at a...
6y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Five things we've learned from MotoGP so far in 2025

The MotoGP championship has already seen several twists and turns after...

Popular On IndyCarToday.com

Iowa Speedway’s IndyCar weekend gains new sponsorship

Iowa Speedway has announced a new title partner for the 2025 IndyCar...

Long Beach weekend ‘crucial’ for Kyle Kirkwood’s...

Kyle Kirkwood is returning to the scene of his first IndyCar win this...

Indy 500 veteran and NASCAR team owner Shigeaki...

Shigeaki Hattori, a two-time competitor in the Indianapolis 500 and...

Renovated IMS museum reopens with all-new displays

The Indianapolis Motor Speedway Museum reopened on Wednesday following a...

Popular On TotalWRC.com

Outback diplomacy: Finnish ambassador braves...

o Haapea hopes to raise $30,000 for cancer research as he navigates the...
4d ago from TheGuardian.com

Popular On GunnersToday.com

James Vaughan strikes for Everton 20 years ago today:...

Sports Mole challenges you to name the Premier League's 10 youngest...
1h ago from SportsMole.co.uk

Paul Merson predicts Newcastle United vs Manchester...

Before we start off with Premier League predictions, what an incredible...
2h ago from SportsKeeda.com

Arsenal 'agree five new deals' as Mikel Arteta handed...

Arsenal reportedly agree new contracts with five members of Mikel Arteta's...
4h ago from SportsMole.co.uk

Desire Doue: PSG set 'astronomical' asking price for...

Paris Saint-Germain reportedly set an 'astronomical' asking price for star...
4h ago from SportsMole.co.uk

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.