News Details

Saudi Arabia contributes to £550m investment in McLaren

The McLaren Group has raised £550 million in new investment which will help to support its automotive and racing divisions. The new investment comes from multiple sources, but the largest share comes from the Saudi Arabia's sovereign wealth fund, which is contributing around £400m of the investment, whilst existing shareholders, including Bahrain's Mumtalakat, will contribute […]
Full Story »
Share

You May Also Be Interested In...

Saudi Arabia's PIF in talks to buy stake in McLaren...

Saudi Arabia's Public Investment Fund (PIF) and global investment firm...
3y ago from GrandPrix247.com

Three McLaren personnel return positive test including...

Three McLaren team members, including CEO Zak Brown, have tested positive...
3y ago from GrandPrix247.com

Saudi Arabian Grand Prix launches art competition for...

Formula One has announced an interesting project, the 'Race Through...
3y ago from F1Technical.net

McLaren's Seidl admits Ricciardo's slow transition has...

McLaren team boss Andreas Seidl has admitted it's been disappointing to...
3y ago from MotorsportWeek.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Robert Shwartzman announced for PREMA’s second...

PREMA has announced that Robert Shwartzman will pilot one of the two cars...

Enzo Fittipaldi to run IndyCar test with McLaren later...

Arrow McLaren has announced that it will place Enzo Fittipaldi in one of...

Popular On TotalWRC.com

WRC set to drop hybrid power in 2025

No description available...
2d ago from Motorsport.com

A Farewell Message from The Checkered Flag

After 15 years of motorsport coverage, TheCheckeredFlag.co.uk announces...

Popular On GunnersToday.com

Chelsea lineup vs. Arsenal: Predicted XI for Premier...

Sports Mole takes an in-depth look at how Chelsea could line up for...
50m ago from SportsMole.co.uk

Exclusive: Championship club set 30m price tag for top...

Sunderland's 17-year-old talent Chris Rigg is a name that is starting to...
1h ago from CaughtOffside.com

Preview: Chelsea vs. Arsenal - prediction, team news,...

Sports Mole previews Sunday's Premier League clash between Chelsea and...
50m ago from SportsMole.co.uk

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.