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,...
6y 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...
6y ago from FormulaSpy.com
Latifi's father linked with McLaren deal
May 21 The father of Force India reserve driver Nicholas Latifi is...
6y ago from OneStopStrategy.com
McLaren Group boosted by £200 million investment
The McLaren Group, which includes its Formula 1 team and its automotive...
6y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin suffers fractures in test crash to cast...
t;li>Aprilia rider hit the track face first as his helmet...
17h ago from TheGuardian.com
Why Honda's biggest critic was smiling after...
No description available...
16h ago from Motorsport.com
Maverick Vinales: Sepang MotoGP test is about...
Maverick Vinales shared his number one goal for the Sepang MotoGP test as...
14h ago from MotorsportWeek.c...
Martin taken to hospital after horror crash in Sepang...
No description available...
23h ago from Motorsport.com
Popular On IndyCarToday.com
Conor Daly thinks IndyCar should race in Mexico and...
No description available...
11h ago from Motorsport.com
Andretti Global shows off new liveries for 2025...
Andretti Global has revealed a trio of new liveries for the team’s cars...
2d ago from MotorsportWeek.c...
Penske President Tim Cindric to reduce leadership role
Team Penske announced on Friday afternoon that long-time President Tim...
5d ago from MotorsportWeek.c...
Zak Brown: IndyCar "should slipstream on the back...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Fourmaux to keep ‘head on shoulders’ after...
No description available...
6d ago from Motorsport.com
Solberg handed penalty for drifting on Monaco GP...
No description available...
1w ago from Motorsport.com
The five big takeaways from the WRC Rally Monte Carlo
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Toothless and trophyless - same old problems for...
Arsenal's lack of cutting edge was on show once again as they exited the...
5h ago from SkySports.com
‘It was perfect’: Howe hails Newcastle as side...
t;li>Newcastle manager salutes ‘brave, aggressive’ showingMikel...
5h ago from TheGuardian.com
'Biggest disgrace', 'Disappears way too much in this...
No description available...
5h ago from SportsKeeda.com
Total Bruno sucks Arteta’s side into turf war and...
no Guimarães inspires Newcastle to the Carabao Cup final by honing in on...
6h ago from TheGuardian.com
Comments
Hottest News
Hamilton suffers F1 test setback as world champion taken to...
Lewis Hamilton was joined by Ferrari team-mate... Read More »
6h ago from GPFans.com
Lawson handed vote of confidence ahead of Verstappen test
Liam Lawson has been backed by F1 fans on a key... Read More »
14m ago from RacingNews365.com
Leclerc admittedly faster than teammate Hamilton on second...
On Wednesday, Ferrari and McLaren completed a... Read More »
11h ago from GPBlog.com
