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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...
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3y ago from FormulaSpy.com
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