News Details
McLaren confirms Michael Latifi behind £200m investment
The McLaren Group has confirmed that Michael Latifi, father of Formula 2 driver and Force India test driver Nicholas Latifi, is behind a recent £203.8 million ($270m) investment. McLaren confirmed last week that it had issued new equity capital following a major investment by Nidala (BVI) Limited in the entire McLaren Group which encompasses its Formula 1 team, McLaren Applied Technology and its automotive business. A statement issued on Monday confirmed Latifi's involvement. '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...
Full Story »
Full Story »
7y ago from MotorsportWeek.com
0
You May Also Be Interested In...
McLaren: We are delighted Latifi has joined the family
McLaren Group is pleased to confirm that Michael Latifi, a Canadian...
7y ago from GrandPrix247.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
McLaren confirms Michael Latifi as new Group...
The McLaren Group has confirmed that Canadian businessman Michael Latifi...
7y ago from F1i.com
Latifi invests in McLaren
McLaren Group has confirmed that Michael Latifi, a Canadian businessman,...
7y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
Why MotoGP riders miss having Marc Marquez on the grid
No description available...
4h ago from Motorsport.com
Yamaha to race new V4 frame at Valencia MotoGP
No description available...
7h ago from Motorsport.com
Jorge Martin hit with penalty for planned MotoGP...
No description available...
10h ago from Motorsport.com
Popular On IndyCarToday.com
Ryan Hunter-Reay joins Arrow McLaren for 2026...
No description available...
6h ago from Motorsport.com
Ryan Hunter-Reay joins Arrow McLaren for 2026 Indy 500
Arrow McLaren has announced that veteran Ryan Hunter-Reay will join the...
5h ago from MotorsportWeek.c...
RLL locks in Louis Foster with extended IndyCar...
Rahal Letterman Lanigan Racing has announced an extension to its contract...
1d ago from MotorsportWeek.c...
AJ Foyt Racing expands veteran support program to full...
AJ Foyt Racing has announced that its successful Homes For Our Troops...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
What Toyota expects from 2026 WRC signing Oliver...
No description available...
3d ago from Motorsport.com
Hyundai already working on “Plan B” for 2026 WRC...
No description available...
4d ago from Motorsport.com
Oliver Solberg lands factory Toyota Rally1 drive
We called it after Oliver Solberg clinched his WRC2 title in Chile....
3d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal, Liverpool join auction for star with just 452...
Real Madrid attacker Rodrygo Goes has been linked with a move away from...
3h ago from CaughtOffside.com
Chelsea legend Didier Drogba accepts challenge set by...
Chelsea icon Didier Drogba has accepted a challenge set by Arsenal legend...
5h ago from SportsKeeda.com
Report: Arsenal ready to sell star to Euro giants if...
Arsenal would reportedly be ready to sanction the surprise sale of...
6h ago from CaughtOffside.com
Leandro Trossard: Arsenal’s shapeshifter
Over the summer I wrote a piece about Leandro Trossard in which I argued...
8h ago from Arseblog.com
Comments
Hottest News
Guenther Steiner says this F1 star should replace Lewis...
Former Haas F1 team principal Guenther Steiner... Read More »
1h ago from GPFans.com
Former F1 boss calls Gabriel Bortoleto's mother 'stupid'...
Former F1 team principal Franz Tost caused... Read More »
3h ago from GPFans.com
Max Verstappen would AXE one of McLaren drivers if he was...
Max Verstappen has revealed what he would do if... Read More »
2h ago from GPFans.com
