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
Fabio Quartararo warns Yamaha MotoGP rebuild could...
No description available...
16h ago from Motorsport.com
Pedro Acosta found Ducati and Aprilia’s pace...
No description available...
18h ago from Motorsport.com
MotoGP Buriram test: Marco Bezzecchi breaks track...
No description available...
20h ago from Motorsport.com
Marc Marquez explains how injury recovery is delaying...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Paddock optimism for IndyCar’s new independent...
Drivers in the NTT IndyCar Series are largely happy to see the series’...
1d ago from MotorsportWeek.c...
Mick Schumacher gaining confidence on ovals after...
No description available...
2d ago from Motorsport.com
IndyCar expanding global broadcasting presence for the...
No description available...
3d ago from Motorsport.com
IndyCar grows international broadcast offerings for...
The NTT IndyCar Series has announced that its already extensive global...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
6d ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
1w ago from Motorsport.com
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
1w ago from Motorsport.com
Elfyn Evans wins Swedish showdown
Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...
1w ago from MotorsportWeek.c...
Popular On GunnersToday.com
‘He’s been a real nuisance' – Gary...
Football pundit Gary Neville praised Arsenal striker Viktor Gyokeres for...
56m ago from CaughtOffside.com
Arsenal star mocks Tottenham with social media post...
Arsenal’s emphatic 4-1 triumph over Tottenham Hotspur in the north...
1h ago from CaughtOffside.com
‘He was upset, even with me' – Arteta praises...
Arsenal boss Mikel Arteta has claimed that Eberechi Eze was upset with him...
46m ago from CaughtOffside.com
Declan Rice and Cristhian Mosquera can’t control...
Gabriel Magalhaes sparked a frenzy online as he poked fun at Richarlison...
56m ago from SportsKeeda.com
Comments
Hottest News
Ferrari now tipped as early 2026 favourite
Feb.23 Ferrari is emerging as the early... Read More »
36m ago from OneStopStrategy.com
F1 CEO addresses 'panic' over 2026 regulation change
A handful of F1 drivers have voiced their concern... Read More »
46m ago from RacingNews365.com
Piastri plays down Webber shift ahead of 2026 season
Feb.23 Oscar Piastri has dismissed suggestions... Read More »
36m ago from OneStopStrategy.com
