News Details
Bahrain’s Mumtalakat expand stake in McLaren group
Mumtalakat increased it stake at McLaren Group buying off that of Saudi Arabia's sovereign wealth fund reinforcing its position as the group's biggest shareholder.
Bahrain's state investment fund Mumtalakat is buying preference shares and warrants worth 400 million pounds ($510.48 million) in carmaker McLaren from Saudi Arabia's Public Investment Fund (PIF) and Ares Management, Sky News reported on Wednesday.
The transaction will
Full Story »
Full Story »
2y ago from GrandPrix247.com
0
You May Also Be Interested In...
Lewis Hamilton and Mercedes at odds over new contract...
Lewis Hamilton, the seven-time Formula 1 world champion, is reportedly...
2y ago from Formula1News.co.uk
Toto Wolff shares good news for Lewis Hamilton fans
Mercedes team principal Toto Wolff has revealed that the side's recent...
2y ago from Formula1News.co.uk
Kimi Raikkonen's model wife shares family news
Kimi Raikkonen, the 2007 Formula 1 world champion, and his wife, Minttu,...
2y ago from Formula1News.co.uk
Lewis Hamilton demanding $320 million Mercedes contract
Seven-time World Champion Lewis Hamilton reportedly warns Mercedes to...
2y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Fabio Quartararo warns Yamaha MotoGP rebuild could...
No description available...
39m ago from Motorsport.com
Pedro Acosta found Ducati and Aprilia’s pace...
No description available...
2h ago from Motorsport.com
MotoGP Buriram test: Marco Bezzecchi breaks track...
No description available...
4h ago from Motorsport.com
Marc Marquez explains how injury recovery is delaying...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Paddock optimism for IndyCar’s new independent...
Drivers in the NTT IndyCar Series are largely happy to see the series’...
22h ago from MotorsportWeek.c...
Mick Schumacher gaining confidence on ovals after...
No description available...
1d ago from Motorsport.com
IndyCar expanding global broadcasting presence for the...
No description available...
2d ago from Motorsport.com
IndyCar grows international broadcast offerings for...
The NTT IndyCar Series has announced that its already extensive global...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
6d ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
6d ago from Motorsport.com
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
1w ago from Motorsport.com
Elfyn Evans wins Swedish showdown
Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...
1w ago from MotorsportWeek.c...
Popular On GunnersToday.com
Tottenham v Arsenal: Premier League – live
Premier League updates from the 4.30pm GMT kick-off<br>⚽ <a...
9m ago from TheGuardian.com
Just win
Just win. That's basically the only thought in my head this morning. After...
7h ago from Arseblog.com
Sources: Man United & Arsenal locked in battle...
Eintracht Frankfurt’s Nathaniel Brown has rapidly transformed from...
9h ago from CaughtOffside.com
Comments
Hottest News
Newey reportedly laid bare Honda engine crisis in F1 meeting
Adrian Newey’s vision for an Aston Martin... Read More »
4h ago from F1i.com
F1 team boss points to Red Bull 'games' during Bahrain...
There are lots of unknowns as we head to the... Read More »
39m ago from RacingNews365.com
Max Verstappen kicked the hornet's nest forcing Formula 1...
Verstappen is the dominant driver of this... Read More »
2h ago from GrandPrix247.com
