News Details
McLaren: We are delighted Latifi has joined the family
McLaren Group is pleased to confirm that Michael Latifi, a Canadian businessman, has become a shareholder, in a move that significantly strengthens the group’s balance sheet and underpins its ambitious growth plans. McLaren announced on 14 May it had sold shares to Nidala (BVI) Limited, controlled by Michael Latifi. McLaren Group encompasses the McLaren Automotive, McLaren Racing and McLaren Applied Technologies companies. Shaikh Mohammed bin Essa Al Khalifa, McLaren Group Executive Chairman, explained: “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. We are delighted Michael Latifi has joined...
Full Story »
Full Story »
6y ago from GrandPrix247.com
0
You May Also Be Interested In...
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 linked with future McLaren move after £200...
British Virgin Isles based body Nidala Limited have purchased 888,135...
6y ago from TheCheckeredFlag....
McLaren Group boosted by £200 million investment
The McLaren Group, which includes its Formula 1 team and its automotive...
6y ago from MotorsportWeek.com
Latifi tipped for possible future McLaren move
Nicholas Latifi has been tipped for a future move to McLaren when he...
6y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
BMW Motorrad looking to buyout KTM – report
Reports indicate that German manufacturer BMW Motorrad is looking to buy...
8h ago from MotorsportWeek.c...
Jorge Martin to miss Thai MotoGP season opener
Reigning MotoGP champion Jorge Martin will miss out on the season opener...
8h ago from MotorsportWeek.c...
Reigning MotoGP champion Martin will miss Thai GP due...
No description available...
8h ago from Motorsport.com
Rating the prospects of MotoGP’s 2025 rookie crop
No description available...
11h ago from Motorsport.com
Popular On IndyCarToday.com
Zak Brown outlines investment that could maximize...
McLaren Racing CEO Zak Brown has released a public letter covering...
6h ago from MotorsportWeek.c...
Team Penske quickest in final IndyCar test day
The NTT IndyCar Series held its second and final preseason open test day...
5d ago from MotorsportWeek.c...
IndyCar tire allocations, practice rules updated for...
IndyCar has announced multiple updates to rules regarding use of the...
5d ago from MotorsportWeek.c...
Pato O’Ward fastest in first day of IndyCar...
The entire NTT IndyCar Series paddock set up shop in Sebring, Florida on...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC drivers follow F1 in statement to FIA president
World Rally Championship drivers have penned a strongly-worded statement...
9h ago from MotorsportWeek.c...
WRC drivers call on FIA president for “urgent...
No description available...
13h ago from Motorsport.com
Elfyn Evans wins Rally Sweden by a whisker
Super Sunday on Rally Sweden was just that! After 300km of hard racing,...
1w ago from MotorsportWeek.c...
Elfyn Evans under pressure on Rally Sweden –...
Elfyn Evans and Scott Martin maintained their lead on Rally Sweden after...
1w ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsecast Extra Episode 627 – 24.02.2025
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
2h ago from Arseblog.com
“I bet those renewals are all going to be slow” -...
No description available...
4h ago from SportsKeeda.com
“The freedom has gone a little bit from them” -...
No description available...
4h ago from SportsKeeda.com
Paul Merson predicts Tottenham vs Manchester City and...
No description available...
6h ago from SportsKeeda.com
Comments
Hottest News
Aston Martin fools F1 rivals with surprise car design...
The 2025 Aston Martin F1 car hit the track in... Read More »
10h ago from RacingNews365.com
Christian Horner Red Bull exit verdict issued as contract...
Red Bull Formula 1 team principal Christian... Read More »
52m ago from GPFans.com
Aston Martin go sneaky with new F1 car as Doohan gets fresh...
Check out all the biggest stories of the day with... Read More »
2h ago from RacingNews365.com
