News Details
McLaren sell stake to US investment company
Abu Dhabi Grand Prix – McLaren are selling a big stake in their team to a US-based group of investors, in a deal that values them at more than 550 million pounds. McLaren are set to sell a large stake in their company to a group of US-based investors. According to a report from Sky Sports, the deal has been concluded and could be announced on Sunday in Abu Dhabi. Zak Brown is scheduled to address media on Sunday morning in the hours prior to the race. MSP Sports Capital, an investment company with involvement in American basketball and baseball as well as European football, are set to pump £185 million into the McLaren Racing company over the next two years. This encompasses the...
Full Story »
Full Story »
4y ago from FormulaSpy.com
0
You May Also Be Interested In...
US investors set to buy stake in McLaren F1 team
A consortium of US-based investors are set to acquire a 15 per cent...
4y ago from MotorsportWeek.com
McLaren sells big team stake in £560m deal
A consortium of US-based investors is close to buying a big stake in the...
4y ago from SkySports.com
McLaren set to sell big stake in F1 team to US...
McLaren are set to sell a big stake in their Formula 1 team to a US-based...
4y ago from GPBlog.com
(FP2) Second Practice Results – 2020 Abu Dhabi...
Abu Dhabi Grand Prix – Here are the complete results from the...
4y ago from FormulaSpy.com
Elsewhere On The Network
Popular On MGPToday.com
What to expect from KTM in the MotoGP 2025 season
Ahead of the 2025 MotoGP season there has been concern over the future of...
6h ago from MotorsportWeek.c...
MotoGP Sepang test: Schedule, riders and how to follow
No description available...
11h ago from Motorsport.com
The mistake Yamaha can't afford to repeat with its...
No description available...
1d ago from Motorsport.com
Rossi's advice for Bagnaia: ‘Don't fall into...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Andretti Global shows off new liveries for 2025...
Andretti Global has revealed a trio of new liveries for the team’s cars...
1d ago from MotorsportWeek.c...
Penske President Tim Cindric to reduce leadership role
Team Penske announced on Friday afternoon that long-time President Tim...
4d ago from MotorsportWeek.c...
Zak Brown: IndyCar "should slipstream on the back...
No description available...
6d ago from Motorsport.com
Team Penske's Tim Cindric steps back from his...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Fourmaux to keep ‘head on shoulders’ after...
No description available...
5d ago from Motorsport.com
Solberg handed penalty for drifting on Monaco GP...
No description available...
1w ago from Motorsport.com
The five big takeaways from the WRC Rally Monte Carlo
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal can emulate 1998 Premier League title heroes...
Arsenal's 5-1 win over Manchester City will give the Gunners 'massive...
55m ago from SportsMole.co.uk
Arsenal January transfer window review: Kroenke blame...
Arsenal's failure to bring in any new signings in January 'rubber-stamped'...
1h ago from SportsMole.co.uk
Rating every Premier League club's January transfer...
Unlike this time last year, the January transfer window was a busy one for...
2h ago from CaughtOffside.com
'Do something that everybody talks about for years' -...
No description available...
2h ago from SportsKeeda.com
Comments
Hottest News
Hamilton faster than Leclerc as Ferrari take part in...
Ferrari and McLaren have been testing tyres for... Read More »
2h ago from GPBlog.com
Ex-F1 star claims ‘not even Max Verstappen can beat'...
Former F1 race winner Juan Pablo Montoya has... Read More »
4h ago from MotorsportWeek.com
Hamilton CRUSHES Leclerc as Ferrari test times revealed
Lewis Hamilton has reportedly beaten his... Read More »
2h ago from GPFans.com