News Details
McLaren confirm Latifi link behind £200m investment
McLaren have confirmed a cash investment of £200 million has been made in the team by Michael Latifi, the Canadian businessman and father of F2 racer, Nicholas. The team say the move "significantly strengthens the group’s balance sheet and underpins its ambitious growth plans". Racefans.net reported the deal over the weekend, and McLaren have confirmed that Latifi has made a significant investment into the team. It is reported that Latifi's company Nidala Limited has purchased 888,135 shares in McLaren Group, costing £203.8million. READ MORE: Alonso talks won't start until mid-season READ MORE: McLaren near begging point with Alonso Shaikh Mohammed bin...
Full Story »
Full Story »
6y ago from GPFans.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...
6y ago from GrandPrix247.com
McLaren confirms Michael Latifi behind £200m...
The McLaren Group has confirmed that Michael Latifi, father of Formula...
6y ago from MotorsportWeek.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
McLaren confirm £200million investment from new...
McLaren has revealed that their new £200million investment has come...
6y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin to miss Thai MotoGP season opener
Reigning MotoGP champion Jorge Martin will miss out on the season opener...
5h ago from MotorsportWeek.c...
BMW Motorrad looking to buyout KTM – report
Reports indicate that German manufacturer BMW Motorrad is looking to buy...
5h ago from MotorsportWeek.c...
Reigning MotoGP champion Martin will miss Thai GP due...
No description available...
5h ago from Motorsport.com
Rating the prospects of MotoGP’s 2025 rookie crop
No description available...
8h 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...
3h 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...
Pit lane speed adjustments made for 2025 IndyCar season
The NTT IndyCar Series has announced a few changes for the upcoming 2025...
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...
6h ago from MotorsportWeek.c...
WRC drivers call on FIA president for “urgent...
No description available...
10h 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...
WRC women's driver development programme winner...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
“I bet those renewals are all going to be slow” -...
No description available...
1h ago from SportsKeeda.com
“The freedom has gone a little bit from them” -...
No description available...
1h ago from SportsKeeda.com
Paul Merson predicts Tottenham vs Manchester City and...
No description available...
3h ago from SportsKeeda.com
Premier League GW27 predictions: Man City edge...
Sports Mole takes on Clement of French indie pop band Kids Return for a...
3h ago from SportsMole.co.uk
Comments
Hottest News
Aston Martin fools F1 rivals with surprise car design...
The 2025 Aston Martin F1 car hit the track in... Read More »
7h ago from RacingNews365.com
Huge decision made as Christian Horner Red Bull team...
Red Bull Formula 1 team principal Christian... Read More »
1h ago from GPFans.com
2025 F1 pre-season testing driver line-ups
Check out who is driving for which team and when... Read More »
3h ago from RacingNews365.com
