News Details
McLaren confirms Michael Latifi as new Group shareholder
The McLaren Group has confirmed that Canadian businessman Michael Latifi - the father of F2 racer and Force India junior Nicholas Latifi - has become a significant shareholder of the company. McLaren did not disclose the stake acquired by Latifi, but this weekend's reports suggested it was a cash injection of approximately £200 million destined to strengthen the group’s balance sheet and boost its ambitious growth plans. "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...
Full Story »
Full Story »
You May Also Be Interested In...
Latifi invests in McLaren
McLaren Group has confirmed that Michael Latifi, a Canadian businessman,...
7y ago from Pitpass.com
McLaren sell shares to group linked to Nicholas Latifi
McLaren have announced that they have sold shares in the company to...
7y ago from FormulaSpy.com
Latifi's father linked with McLaren deal
May 21 The father of Force India reserve driver Nicholas Latifi is...
7y ago from OneStopStrategy.com
McLaren Group boosted by £200 million investment
The McLaren Group, which includes its Formula 1 team and its automotive...
7y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Aleix Espargaro quits pro cycling after injuries...
No description available...
2h ago from Motorsport.com
FBI seizes $40m collection, including MotoGP bikes,...
No description available...
1d ago from Motorsport.com
Brad Binder reveals why he is optimistic he can bounce...
Factory KTM rider Brad Binder has admitted that his 2025 MotoGP season...
1d ago from MotorsportWeek.c...
Jorge Martin never thought ‘Why is this happening to...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Scott Dixon awarded prestigious New Zealand honor
To close out 2025, one of IndyCar’s most decorated drivers was awarded...
24m ago from MotorsportWeek.c...
Exclusive: Nolan Siegel on hot seat entering contract...
No description available...
1d ago from Motorsport.com
Top five memorable drives of the 2025 IndyCar season
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Sebastien Ogier pays tribute to WRC rival that...
No description available...
4h ago from Motorsport.com
Dakar 2026: Full route, schedule and marathon stage...
No description available...
4d ago from Motorsport.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
“It’s fun for them” - Gabriel reveals why he...
Arsenal centre-back Gabriel Magalhaes explained why he trolled Amadou with...
5h ago from SportsKeeda.com
Jamie Carragher labels Arsenal star as ‘most...
Liverpool legend Jamie Carragher has named Arsenal defender Gabriel...
4h ago from SportsKeeda.com
Episode 859 – End of year fun
Welcome to another episode of the Arsecast – the Arsenal podcast. In...
5h ago from Arseblog.com
Martin Ødegaard relocates his missing rhythm to...
uvenated by his goal on Saturday and free from injuries that have...
6h ago from TheGuardian.com
Comments
Hottest News
The ‘non-negotiable’ routine Lewis Hamilton is abiding...
Lewis Hamilton divulges his extensive training... Read More »
1h ago from MotorsportWeek.com
George Russell makes Michael Schumacher F1 title vow
Mercedes F1 star George Russell is looking to... Read More »
34m ago from GPFans.com
Aston Martin reveal first glimpse of Honda power as new F1...
F1's new era is just around the corner, and for... Read More »
5h ago from RacingNews365.com
