News Details
McLaren reportedly selling minority stake in F1 team
McLaren are selling a minority stake in their Formula 1 team to a consortium of U.S.-based investors in a deal that will value the British racing outfit at 560 million pounds ($740.49 million), Sky News reported on Saturday, citing sources. The MSP Sports Capital-led consortium would put 185 million pounds into McLaren Racing over a two-year period, Sky News reported, adding that the deal could be announced as early as Sunday. McLaren Racing and MSP Sports Capital did not immediately respond to a request for comment. The consortium members included The Najafi Companies, a private investment firm, and UBS O'Connor, a hedge fund subsidiary of Swiss investment banking firm UBS, the report...
Full Story »
Full Story »
5y ago from GrandPrix247.com
0
You May Also Be Interested In...
McLaren sell stake to US investment company
Abu Dhabi Grand Prix – McLaren are selling a big stake in their...
5y ago from FormulaSpy.com
US investors set to buy stake in McLaren F1 team
A consortium of US-based investors are set to acquire a 15 per cent...
5y ago from MotorsportWeek.com
McLaren set to sell big stake in F1 team to US...
McLaren are set to sell a big stake in their Formula 1 team to a US-based...
5y ago from GPBlog.com
McLaren sells big team stake in £560m deal
A consortium of US-based investors is close to buying a big stake in the...
5y ago from SkySports.com
Elsewhere On The Network
Popular On MGPToday.com
Ducati: 2027 MotoGP rules designed to prevent us from...
No description available...
9m ago from Motorsport.com
MotoGP to leave Phillip Island in favour of Adelaide...
MotoGP has confirmed that the Australian Grand Prix will move from...
23h ago from MotorsportWeek.c...
Aprilia steps up efforts to lure Francesco Bagnaia for...
No description available...
1d ago from Motorsport.com
Casey Stoner leads criticism as Phillip Island’s...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar expanding global broadcasting presence for the...
No description available...
20h ago from Motorsport.com
IndyCar grows international broadcast offerings for...
The NTT IndyCar Series has announced that its already extensive global...
19h ago from MotorsportWeek.c...
Alexander Rossi fastest as rain disrupts second...
The NTT IndyCar Series completed the second and final day of testing at...
1d ago from MotorsportWeek.c...
Firestone prepared to take new right-front tire for...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
4d ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
4d ago from Motorsport.com
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
5d ago from Motorsport.com
Elfyn Evans wins Swedish showdown
Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...
4d ago from MotorsportWeek.c...
Popular On GunnersToday.com
3 in, 3 out: Arsenal's perfect transfer window to...
The title race isn't over yet, but a lot of Arsenal fans will be starting...
1h ago from CaughtOffside.com
Bukayo Saka: Rhythm is a Dancer
Bukayo Saka’s new Arsenal contract was confirmed this week. Objectively...
19m ago from Arseblog.com
“I mean, it’s pretty simple” - Alan Shearer...
Premier League Hall of Famer Alan Shearer has backed Arsenal to beat...
2h ago from SportsKeeda.com
'Believe me…' – Liverpool, Arsenal &...
Newcastle United winger Anthony Gordon insists he's not getting too caught...
4h ago from CaughtOffside.com
Comments
Hottest News
FIA make decision over legality of radical Ferrari rear-wing
Ferrari briefly trialled a radical rear-wing... Read More »
3h ago from RacingNews365.com
F1 Odds: Lewis Hamilton is BACK after Ferrari lightning...
This would not have seemed possible a few short... Read More »
59m ago from GPFans.com
F1 2026 Bahrain pre-season 2nd test – Day 3 morning...
Check out the full results from the morning... Read More »
1h ago from RacingNews365.com
