News Details
McLaren considering selling minority stake in F1 team
McLaren are considering selling a minority stake in their Formula 1 team due to financial pressures amidst the COVID-19 pandemic, it has been reported. Per Sky News, the proposal is at a ‘conceptual stage’ alongside other options, including raising capital from existing bondholders. There was no immediate comment from McLaren. Bahrain’s Mumtalakat holding company is the majority shareholder in McLaren Group, with a 56% stake, followed by the TAG Group led by Saudi-born businessman Mansour Ojjeh with 14%. Canadian businessman Michael Latifi acquired a stake of around 10% in 2018. McLaren finished fourth overall last season with Spaniard Carlos Sainz, who is joining Ferrari next year,...
Full Story »
Full Story »
5y ago from GrandPrix247.com
0
You May Also Be Interested In...
McLaren consider selling minority stake – report
According to Sky News, McLaren Group are mulling over the option of...
5y ago from PlanetF1.com
Website admits Marko comment that incensed Hamilton...
A sports website has admitted that a quote it attributed to Helmut Marko...
5y ago from F1i.com
Renault F1 Team begins selling face masks
The Renault F1 Team has begun selling face masks The Renault F1 Team has...
5y ago from SpeedCafe.com
F1 still considering new venues and alternative layouts
Formula One is still considering holding races at venues not on the...
5y ago from espnF1.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP Sepang test: Schedule, entry list and how to...
No description available...
7h ago from Motorsport.com
Fabio Quartararo responds to speculation about Honda...
No description available...
11h ago from Motorsport.com
Alex Marquez: "Gresini is the most solid option,...
No description available...
13h ago from Motorsport.com
This is how every bike on the 2026 MotoGP grid looks
No description available...
15h ago from Motorsport.com
Popular On IndyCarToday.com
Nolan Siegel says pressure of contract year...
No description available...
8h ago from Motorsport.com
IndyCar announces Donald Trump-backed race on National...
IndyCar has announced an inaugural race on America's National Mall,...
1d ago from MotorsportWeek.c...
Will Power: Andretti “will be the best team in the...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
WRC Monte Carlo: Oliver Solberg continues domination...
No description available...
1w ago from Motorsport.com
Why Thierry Neuville struggled in “most difficult”...
No description available...
5d ago from Motorsport.com
More than 10 tuners interested in joining WRC under...
No description available...
1w ago from Motorsport.com
New WRC winter tyre expected in 2027 after Monte Carlo...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
'Okay…' – Mikel Arteta gives perfect...
Arsenal manager Mikel Arteta gave the perfect response when asked about...
3h ago from CaughtOffside.com
Arteta calls Arsenal ‘most exciting team in...
t;li>‘We have the most goals, the most clean sheets’Liam Rosenior...
3h ago from TheGuardian.com
'I'm told…' – Journalist reveals Chelsea...
Arsenal have reportedly won the race to sign Jaden Dixon from Stoke City,...
5h ago from CaughtOffside.com
Arsenal vs Chelsea Prediction and Betting Tips | 3rd...
The EFL Cup features another round of semifinals this week as Chelsea lock...
5h ago from SportsKeeda.com
Comments
Hottest News
Christian Horner admits he came 'so close' to buying F1 team
Former Red Bull boss Christian Horner has... Read More »
7h ago from GPFans.com
McLaren 'dangerous game' as 'sexy' Aston Martin questioned
The latest episode of the RacingNews365 Podcast... Read More »
9h ago from RacingNews365.com
Oscar Piastri hints McLaren trouble with Mercedes power unit
F1 star Oscar Piastri has hinted that McLaren... Read More »
5h ago from GPFans.com
