News Details
McLaren Racing Hails £185mn Investment As Significant Step Towards F1 Glory
The McLaren Group has announced this morning that it has attracted new long-term investment into McLaren Racing to help it “continue its growth as a global sports franchise” in Formula One and beyond. The fresh round of investment is coming from MSP Sports Capital, a US-based sports investment group, which is co-investing with UBS O’Connor, LLC and The Najafi Companies, a Phoenix-based private equity firm. READ: No Sergio Perez? Nico Rosberg Reveals His Top 5 F1 Drivers Of 2020 Via the transaction, MSP Sports Capital will acquire a minority shareholding in McLaren Racing, while the McLaren Group will maintain its position as its majority shareholder. Specifically, MSP Sports Capital...
Full Story »
Full Story »
4y ago from Formula1News.co.uk
0
You May Also Be Interested In...
McLaren Racing sells stake to MSP Sports Capital
McLaren Group has announced that US-based sports investment group MSP...
4y ago from MotorsportWeek.com
McLaren Racing secures £185m investment from US...
The McLaren Group announced on Sunday that US sports group MSP Sports...
4y ago from F1i.com
McLaren announces £185m investment
The McLaren Group has announced that it has attracted significant new...
4y ago from Pitpass.com
McLaren Group secures future with £185million...
McLaren Group has secured its long-term future by selling a minority...
4y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Crash rules Maverick Vinales out of MotoGP German GP
No description available...
52m ago from Motorsport.com
Yamaha reveals ‘clear target’ for MotoGP 2026
No description available...
1h ago from Motorsport.com
MotoGP German GP: Marc Marquez strolls to wet pole as...
No description available...
3h ago from Motorsport.com
Marc Marquez produces stunning pole in rain-affected...
Ducati's Marc Marquez produced a stunning final lap to snatch pole...
3h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
‘Progression’ name of the game as Kyffin Simpson...
Kyffin Simpson is competing in his sophomore year in the NTT IndyCar...
32m ago from MotorsportWeek.c...
Severe weather disrupts IndyCar practice from Iowa
A round of severe weather has delayed the first practice session for the...
17h ago from MotorsportWeek.c...
Will Power’s contract decision on hold due to Team...
Will Power’s contract with Team Penske is up at the end of this season,...
20h ago from MotorsportWeek.c...
IndyCar cancels Friday practice at Iowa Speedway after...
No description available...
15h ago from Motorsport.com
Popular On TotalWRC.com
Crash rules Maverick Vinales out of MotoGP German GP
No description available...
52m ago from Motorsport.com
Yamaha reveals ‘clear target’ for MotoGP 2026
No description available...
1h ago from Motorsport.com
Is Red Bull right to axe Christian Horner now? Our...
No description available...
4h ago from Motorsport.com
Supercars Townsville: Broc Feeney bounces back with...
No description available...
5h ago from Motorsport.com
Popular On GunnersToday.com
Viktor Gyokeres makes feelings clear about playing...
Arsenal transfer target Viktor Gyokeres has claimed Gabriel Magalhaes and...
1h ago from SportsKeeda.com
'Great revenge' – Viktor Gyokeres sends fighting...
Sporting Lisbon striker Viktor Gyokeres has shown a clear sign of his...
2h ago from CaughtOffside.com
Arsenal latest: Gyokeres explains why he wants Premier...
No description available...
1h ago from SkySports.com
'The club needs to explain' – Arsenal legend...
Arsenal legend Sol Campbell has appeared to question the decision to sign...
2h ago from CaughtOffside.com
Comments
Hottest News
Christian Horner singles out one Red Bull driver as axed F1...
Red Bull's former F1 boss Christian Horner has... Read More »
3h ago from GPFans.com
The major hurdle BLOCKING Christian Horner's F1 return
Earlier this week, shockwaves were sent through... Read More »
2h ago from GPFans.com
Rival F1 team boss allays Charles Leclerc fears over new...
Williams boss James Vowles has allayed fears... Read More »
4h ago from MotorsportWeek.com
