News Details
Latifi invests in McLaren
McLaren Group has confirmed that Michael Latifi, a Canadian businessman, has become a shareholder, in a move that significantly strengthens the group's balance sheet and underpins its growth plans. McLaren announced that on 14 May it had sold shares to Nidala (BVI) Limited, controlled by Michael Latifi. The McLaren Group encompasses the McLaren Automotive, McLaren Racing and McLaren Applied Technologies companies. 'This injection of capital is a vote of confidence in our future strategy and the group remains as focused as ever in positioning for growth,' said Shaikh Mohammed bin Essa Al Khalifa, McLaren Group Executive Chairman. 'We are delighted Michael Latifi has joined the McLaren...
Full Story »
Full Story »
7y ago from Pitpass.com
0
You May Also Be Interested In...
Latifi's father linked with McLaren deal
May 21 The father of Force India reserve driver Nicholas Latifi is...
7y ago from OneStopStrategy.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 boosted by £200 million investment
The McLaren Group, which includes its Formula 1 team and its automotive...
7y ago from MotorsportWeek.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
Elsewhere On The Network
Popular On MGPToday.com
Carlos Ezpeleta: 'We are in hurry to lay foundations...
No description available...
18h ago from Motorsport.com
How Jorge Lorenzo is pushing Maverick Vinales beyond...
No description available...
1d ago from Motorsport.com
Ducati will continue racing its unbeatable 2024 engine...
No description available...
2d ago from Motorsport.com
Can Johann Zarco match factory Honda duo Joan Mir and...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Understanding IndyCar's new deal with Chevrolet and...
No description available...
10h ago from Motorsport.com
Honda confirms early discussions for 2028 factory...
Honda, one of two engine manufacturers that supply IndyCar, has confirmed...
4d ago from MotorsportWeek.c...
Romain Grosjean returns to IndyCar with full time seat...
Dale Coyne Racing has made public its plans for the 2026 IndyCar season,...
3d ago from MotorsportWeek.c...
Romain Grosjean returns to IndyCar, signs with Dale...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
19h ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
1d ago from Motorsport.com
Elfyn Evans wins Swedish showdown
Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...
1d ago from MotorsportWeek.c...
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Saka set to miss out on Arsenal captaincy as insider...
Arsenal are reportedly in talks with club captain Martin Odegaard...
6h ago from CaughtOffside.com
Wolverhampton Wanderers vs Arsenal Prediction and...
Wolverhampton Wanderers will host Arsenal at the Molineux on Wednesday in...
9h ago from SportsKeeda.com
Player ratings: Arsenal 4-0 Wigan
Arsenal advanced to the last 16 of the FA Cup with a convincing win over...
9h ago from FreshArsenal.com
Report: Arsenal target versatile Spanish defender who...
Arsenal’s summer recruitment drive is already taking shape, and one of...
17h ago from CaughtOffside.com
Comments
Hottest News
Breaking: Red Bull chief designer steps down on eve of F1...
Red Bull has confirmed the departure of its chief... Read More »
10h ago from RacingNews365.com
Formula E lands new partner as key Tokyo announcement made
A familiar brand within the Formula E paddock is... Read More »
31m ago from RacingNews365.com
Aston Martin make radical choice ahead of second Bahrain F1...
F1 testing resumes this week from the Bahrain... Read More »
13h ago from RacingNews365.com
