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Confirmed: McLaren sells shares to American investment company
McLaren have officially sold a large portion of their shares to MSP Sports Capital. The American investment company will initially invest for 15 percent of the shares, but in the coming years that will increase to a third of the total shares in the F1 team. More to follow. McLaren Group has announced that it has attracted significant new long-term investment into McLaren Racing led by MSP Sports Capital, to help drive its plan to return to the top of Formula 1. Read more. — McLaren (@McLarenF1) December 13, 2020
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5y ago from GPBlog.com
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