News Details
McLaren reportedly selling minority stake in F1 team
McLaren are selling a minority stake in their Formula 1 team to a consortium of U.S.-based investors in a deal that will value the British racing outfit at 560 million pounds ($740.49 million), Sky News reported on Saturday, citing sources. The MSP Sports Capital-led consortium would put 185 million pounds into McLaren Racing over a two-year period, Sky News reported, adding that the deal could be announced as early as Sunday. McLaren Racing and MSP Sports Capital did not immediately respond to a request for comment. The consortium members included The Najafi Companies, a private investment firm, and UBS O'Connor, a hedge fund subsidiary of Swiss investment banking firm UBS, the report...
Full Story »
Full Story »
5y ago from GrandPrix247.com
0
You May Also Be Interested In...
McLaren sell stake to US investment company
Abu Dhabi Grand Prix – McLaren are selling a big stake in their...
5y ago from FormulaSpy.com
US investors set to buy stake in McLaren F1 team
A consortium of US-based investors are set to acquire a 15 per cent...
5y ago from MotorsportWeek.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...
5y ago from GPBlog.com
McLaren sells big team stake in £560m deal
A consortium of US-based investors is close to buying a big stake in the...
5y ago from SkySports.com
Elsewhere On The Network
Popular On MGPToday.com
Enea Bastianini: 'I am evaluating several future...
No description available...
2h ago from Motorsport.com
2026 MotoGP Spanish Grand Prix – How to watch,...
No description available...
2h ago from Motorsport.com
Jorge Martin: 'Aprilia feels like my bike now'
No description available...
15h ago from Motorsport.com
Joan Mir: I deserve to stay in Honda’s factory...
No description available...
17h ago from Motorsport.com
Popular On IndyCarToday.com
Pato O'Ward issues damning verdict on ‘Mario...
Pato O'Ward isn't chasing F1 any more after falling out of love with...
2d ago from MotorsportWeek.c...
Winners and losers from the IndyCar Grand Prix of Long...
No description available...
2d ago from Motorsport.com
IndyCar names officiating director ahead of Indy 500
IndyCar Officiating has announced Scot Elkins as the new Managing...
2d ago from MotorsportWeek.c...
IndyCar Officiating confirms Scot Elkins as Managing...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Kalle Rovanpera offering tips as Takamoto Katsuta...
No description available...
11h ago from Motorsport.com
Everything we know about the WRC’s newest constructor
No description available...
15h ago from Motorsport.com
New constructor set to join WRC top tier in 2027
No description available...
17h ago from Motorsport.com
WRC Canary Islands: Katsuta takes early lead after...
No description available...
13h ago from Motorsport.com
Popular On GunnersToday.com
“Important not to change the habit” - Patrick...
Former Arsenal captain Patrick Vieira has advised the team on how they can...
53m ago from SportsKeeda.com
Man City in pole position to sign Arsenal target as...
Manchester City are reportedly now in pole position to sign Nottingham...
2h ago from CaughtOffside.com
Just win Arsenal, but please also win big
Good morning, everyone! It's an early tee time for Andrew this morning, so...
1h ago from Arseblog.com
Arsenal make contact with Real Madrid star's...
Arsenal are reportedly plotting a stunning move to sign Arda Guler from...
9h ago from SportsKeeda.com
Comments
Hottest News
'Crazy' Lewis Hamilton F1 theory destroyed as insider...
Seven-time F1 champion Lewis Hamilton has enjoyed... Read More »
53m ago from GPFans.com
F1 star registers for Nurburgring 24h to take on Max...
Max Verstappen is not the only F1 driver set to... Read More »
1h ago from GPFans.com
Red Bull becomes first team to copy Ferrari's 'Macarena'...
Ferrari and Red Bull have both completed tightly... Read More »
1h ago from F1Technical.net
