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
How Alex Marquez overcame MotoGP doubts to finish...
Alex Marquez has revealed he previously questioned his ability to compete...
14h ago from MotorsportWeek.c...
Honda tops MotoGP’s Sepang Shakedown as Aleix...
No description available...
17h ago from Motorsport.com
Gresini Ducati launches 2026 MotoGP livery
Gresini Ducati has unveiled its 2026 MotoGP livery at its official team...
15h ago from MotorsportWeek.c...
Gresini unveils 2026 livery as Alex Marquez secures...
No description available...
16h ago from Motorsport.com
Popular On IndyCarToday.com
Will Power: Andretti “will be the best team in the...
No description available...
14h ago from Motorsport.com
Donald Trump signs executive order confirming IndyCar...
No description available...
1d ago from Motorsport.com
Cindric returns to Team Penske for 2026 as...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
New WRC winter tyre expected in 2027 after Monte Carlo...
No description available...
2d ago from Motorsport.com
Why Thierry Neuville struggled in “most difficult”...
No description available...
3d ago from Motorsport.com
More than 10 tuners interested in joining WRC under...
No description available...
5d ago from Motorsport.com
Rally USA return edges closer for 2027 as WRC plans...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Player ratings: Leeds 0-4 Arsenal
Arsenal got back to winning ways in emphatic fashion with a 4-0 thrashing...
6h ago from FreshArsenal.com
Arsenal board issue brutal ultimatum to Arteta after...
Arsenal manager Mikel Arteta is reportedly under pressure from the club...
19h ago from CaughtOffside.com
Arsenal stroll back to winning ways against outclassed...
would be a touch too hyperbolic to suggest this was a season-defining...
8h ago from TheGuardian.com
Merson: Dominant Leeds victory has won Arsenal Premier...
Paul Merson says Arsenal's dominant victory at Leeds will go down as the...
9h ago from SkySports.com
Comments
Hottest News
Adrian Newey's demands are an F1 'culture shock' at Aston...
Adrian Newey's demands at Aston Martin are said... Read More »
9h ago from GPFans.com
Aston Martin 'on another level' as Lewis Hamilton drops...
Check out the biggest stories of the day with the... Read More »
7h ago from RacingNews365.com
We ranked the 2026 F1 grid based entirely on vibes
You know who’s going to win the F1 championship... Read More »
16h ago from GPFans.com
