News Details
McLaren Group boosted by £200 million investment
The McLaren Group, which includes its Formula 1 team and its automotive business, has been boosted by an investment worth more than £200 million ($270m). The group issued a statement this week confirming that it would be issuing new equity capital following the £203.8m investment by Nidala (BVI) Limited, which purchased 888,135 ordinary shares in the company. 'The proceeds for the new capital will be received over the coming year,' read the statement. '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...
Full Story »
Full Story »
7y ago from MotorsportWeek.com
0
You May Also Be Interested In...
McLaren get £200m cash boost with links to F2 racer...
McLaren's coffers have been swollen by a £200million investment,...
7y ago from GPFans.com
Latifi tipped for possible future McLaren move
Nicholas Latifi has been tipped for a future move to McLaren when he...
7y ago from PlanetF1.com
Latifi linked with future McLaren move after £200...
British Virgin Isles based body Nidala Limited have purchased 888,135...
7y ago from TheCheckeredFlag....
McLaren Group receives fresh £200m investment
The McLaren Group has announced it has received a fresh investment of...
7y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
How concessions narrowed Ducati’s edge in MotoGP
No description available...
12h ago from Motorsport.com
Marc Marquez on fairytale Honda return: “It’s more...
No description available...
1d ago from Motorsport.com
Marc Marquez assesses his Ducati future beyond 2026...
Nine-time MotoGP champion Marc Marquez will be a key figure in the rider...
2d ago from MotorsportWeek.c...
MotoGP 2026: Team launches and pre-season testing...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Barnes: A wishlist for the 2026 IndyCar season
No description available...
1d ago from Motorsport.com
Exclusive: Nolan Siegel on hot seat entering contract...
No description available...
4d ago from Motorsport.com
Scott Dixon awarded prestigious New Zealand honor
To close out 2025, one of IndyCar’s most decorated drivers was awarded...
3d ago from MotorsportWeek.c...
Top five memorable drives of the 2025 IndyCar season
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
How will the new Defender fare against Dakar's fastest...
No description available...
15h ago from Motorsport.com
Amputated navigator returns to Dakar 11 months after...
No description available...
16h ago from Motorsport.com
Dakar 2026: Mattias Ekstrom leads Ford 1-2 in Prologue
No description available...
14h ago from Motorsport.com
Juan Cruz Yacopini to miss 2026 Dakar Rally after sea...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Arteta: Rice among the world's best, I don't see where...
Mikel Arteta believes Declan Rice deserves his place among the world's...
4h ago from SkySports.com
Declan Rice leads Arsenal to thrilling comeback win at...
;/p>Arsenal’s revenge mission this week has been a dish best served...
5h ago from TheGuardian.com
Bournemouth 2-3 Arsenal: Premier League – as it...
lan Rice scored a rare brace as Arsenal came from behind at the Vitality...
5h ago from TheGuardian.com
Mikel Arteta lauds Arsenal’s ‘personality and...
t;li>Manager praises ‘remarkable’ Gabriel reaction after errorRice...
5h ago from TheGuardian.com
Comments
Hottest News
Red Bull car's final design revealed and it looks...
Adrian Newey's final Red Bull brainchild has been... Read More »
7h ago from GPFans.com
Dakar 2026: Ford tops Yanbu prologue
Ford set the early pace at Dakar 2026 on Saturday... Read More »
4h ago from GrandPrix247.com
Ford admits Red Bull F1 engine change of plan
Ford Motorsport global director Mark Rushbrook... Read More »
5h ago from GPFans.com
