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
Marco Bezzecchi explains how Ducati ended Aprilia's...
No description available...
6h ago from Motorsport.com
MotoGP Spanish GP: Alex Marquez ends Aprilia’s...
No description available...
10h ago from Motorsport.com
Marc Marquez: 'I don't have the pace to fight for...
No description available...
9h ago from Motorsport.com
Alex Marquez completes dominant Spanish MotoGP victory
Alex Marquez produced a dominant performance to claim a second successive...
10h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar to limit entries to those holding a charter
The NTT IndyCar Series has confirmed that future races will be limited to...
10h ago from MotorsportWeek.c...
Tony Kanaan opens up on Lundgaard, Siegel contract...
No description available...
2d ago from Motorsport.com
Pato O'Ward issues damning verdict on ‘Mario...
Pato O'Ward isn't chasing F1 any more after falling out of love with...
5d ago from MotorsportWeek.c...
Winners and losers from the IndyCar Grand Prix of Long...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
4h ago from Motorsport.com
Oliver Solberg crashes out of Rally Islas Canarias
Oliver Solberg and Elliot Edmondson have crashed out of Rally Islas...
12h ago from MotorsportWeek.c...
Sebastien Ogier dominates Rally Islas Canarias
Sebastien Ogier and Vincent Landais headed a Toyota one-two-three-four in...
9h ago from MotorsportWeek.c...
WRC Canary Islands: Oliver Solberg crashes out of...
No description available...
12h ago from Motorsport.com
Popular On GunnersToday.com
'Let Arteta win the league' - Arsenal fans make plea...
An Arsenal fan has posted a video of himself begging Manchester City...
1h ago from SportsKeeda.com
Drowning in the banter-sphere: how can the Premier...
current season has become a meme-war without end, an endless rolling wall...
2h ago from TheGuardian.com
Report: Arsenal open to selling summer signing after...
Arsenal are open to listening to offers for summer signing Viktor Gyokeres...
2h ago from CaughtOffside.com
Arsenal keeping tabs on Real Madrid attacker as they...
Arsenal are reportedly monitoring Real Madrid forward Endrick as they look...
6h ago from SportsKeeda.com
Comments
Hottest News
Meet Lewis Hamilton's ultimate superfan and you may know...
Seven-time F1 champion Lewis Hamilton has the... Read More »
2h ago from GPFans.com
McLaren boss takes aim at Daniel Ricciardo's final act in F1
McLaren CEO Zak Brown recently used Daniel... Read More »
3h ago from GPFans.com
Ferrari F1 engineer speaks out over 'arrogant' Lewis...
A former Ferrari F1 race engineer has defended... Read More »
5h ago from GPFans.com
