News Details
McLaren get new owners as Saudis jump ship
According to Sky News, Bahrain's state investment fund Mumtalakat is set to purchase a stake in the McLaren Group which is currently owned by Saudi Arabia's Public Investment Fund (PIF), with a deal expected to be completed on Thursday. It's believed that PIF are selling their stake in the manufacturer to Mumtalakat, which would make them McLaren's biggest shareholder. The stake in question includes McLaren Racing and the British manufacturer's motorsport division, which is owned by PIF and Ares Management until the deal is completed. Since 2021, it's understood that PIF and Ares have invested £400 million into McLaren; however, no further investment will be made by either party. Want to...
Full Story »
Full Story »
2y ago from Formula1News.co.uk
0
You May Also Be Interested In...
Bahrain’s Mumtalakat expand stake in McLaren group
Mumtalakat increased it stake at McLaren Group buying off that of Saudi...
2y ago from GrandPrix247.com
F1: Saudis selling McLaren stake to Bahrain?
Saudi Arabia's Public Investment Fund (PIF) is understood to be selling...
2y ago from Pitpass.com
Tost weighing up new two-year F1 offer
Jun.15 Franz Tost may not be heading into full retirement from Formula 1...
2y ago from OneStopStrategy.com
Fittipaldi handed Haas F1 test outing at Silverstone
Pietro Fittipaldi will return to the wheel of a Formula 1 car next month...
2y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
All the records Marc Marquez can break in MotoGP 2026
No description available...
2h ago from Motorsport.com
Senior Honda MotoGP executive exits as HRC restructure...
No description available...
20m ago from Motorsport.com
MotoGP to set minimum salary for riders from 2027
No description available...
1d ago from Motorsport.com
Honda stuck at "similar potential" to 2025...
No description available...
23h ago from Motorsport.com
Popular On IndyCarToday.com
Firestone introducing ENLITEN Technology for 2026...
No description available...
18h ago from Motorsport.com
Barnes: IndyCar officiating is already starting to...
No description available...
1d ago from Motorsport.com
IndyCar introduces safety flaps to prevent airborne...
The NTT IndyCar series has detailed a new addition to cars competing in...
1d ago from MotorsportWeek.c...
IndyCar changes tire usage requirements, makes safety...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Acropolis Rally's Thursday parc ferme will be on a boat
No description available...
1h ago from Motorsport.com
Hyundai “realistic and optimistic” in mission to...
No description available...
1w ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
1w ago from Motorsport.com
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
You’re in the queue
Morning all, Andrew M is out of action today, so I’m on cover duty for...
5h ago from Arseblog.com
Sources: Man City and Arsenal lead race for English...
Jack Hinshelwood’s rise at Brighton & Hove Albion has been one of the...
5h ago from CaughtOffside.com
Martin Odegaard warned his place in starting XI no...
Arsenal’s emphatic 4-1 victory over Tottenham has not only reignited...
6h ago from CaughtOffside.com
'As it stands..': Latest on Liverpool move for 100m...
Liverpool have been heavily linked with a move for Yan Diomande in recent...
15h ago from CaughtOffside.com
Comments
Hottest News
Is Honda really at fault? Adrian Newey could be the real...
The past week has been an unwelcome throwback to... Read More »
2h ago from GPFans.com
Nissan awaiting answers after Porsche second Formula E...
Nissan boss Tommaso Volpe only discovered the... Read More »
50m ago from RacingNews365.com
F1MATHS: How do the quickest times of the teams compare to...
Ferrari ended the second and final three‑day... Read More »
3h ago from F1Technical.net
