News Details
McLaren Racing sells stake to MSP Sports Capital
McLaren Group has announced that US-based sports investment group MSP Sports Capital has acquired an initial stake in McLaren Racing, which includes the Formula 1 team. MSP Sports Capital will invest £185m into McLaren Racing, taking an initial 15 per cent stake that will increase to a maximum of 33 per cent shareholding by the end of 2022. McLaren says that the transaction values the Racing arm of its company at £560m. McLaren Group remains the majority shareholder while the transaction does not affect McLaren Automotive. MSP is co-investing with its strategic partners, UBS O’Connor and the Najafi Companies, and it is the latest investment by the group, having taken stakes in several...
Full Story »
Full Story »
5y ago from MotorsportWeek.com
0
You May Also Be Interested In...
McLaren poised to sell stake in deal worth £560m
McLaren are set to sell an initial 15 per cent stake in their Formula 1...
5y ago from PlanetF1.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 Racing secures £185m investment from US...
The McLaren Group announced on Sunday that US sports group MSP Sports...
5y ago from F1i.com
McLaren reportedly selling minority stake in F1 team
McLaren are selling a minority stake in their Formula 1 team to a...
5y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Shoulder injury pushes Marc Marquez into his...
No description available...
18h ago from Motorsport.com
Exclusive: Ai Ogura in, Alex Rins out at Yamaha for...
No description available...
1d ago from Motorsport.com
Guenther Steiner: MotoGP riders ‘need to be of a...
Tech3 KTM CEO Guenther Steiner has continued to share his admiration for...
2d ago from MotorsportWeek.c...
Trackhouse team owner Justin Marks: MotoGP must take...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar representatives visit the Goiânia Raceway and...
No description available...
13h ago from Motorsport.com
Andretti confirmed to field just three cars for Indy...
Andretti Global has confirmed that the team will only run three cars in...
3d ago from MotorsportWeek.c...
AJ Foyt Racing adds Toby Sowery as reserve driver
No description available...
3d ago from Motorsport.com
Toby Sowery joins AJ Foyt Racing in IndyCar reserve...
AJ Foyt Racing has appointed Toby Sowery as the team’s reserve driver...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Croatia: Driver crashes… then sits down for...
No description available...
5h ago from Motorsport.com
Thierry Neuville crashes out of Croatia lead in final...
A dramatic WRC Rally Croatia kept the biggest shock for the Wolf Power...
15h ago from MotorsportWeek.c...
WRC Croatia: Takamoto Katsuta wins after final stage...
No description available...
15h ago from Motorsport.com
Popular On GunnersToday.com
Watch: Manchester City fan brutally troll Arsenal...
Manchester City’s dominant 3-0 victory over Chelsea was more than just a...
7h ago from CaughtOffside.com
'Pitiful surrender-monkeys' - Piers Morgan reacts as...
Former England cricketer Kevin Pietersen couldn't help but celebrate as...
8h ago from SportsKeeda.com
Manchester City fan mocks Arsenal with hilarious...
A Manchester City fan has gone viral for his celebration as he mocked...
9h ago from SportsKeeda.com
'Some how balance the emotion' | How can Arsenal...
Gary Neville suggests Mikel Arteta and his team need to normalise their...
10h ago from SkySports.com
Comments
Hottest News
Stella confident the MCL40 has “very high Ppotential”...
McLaren’s start to the 2026 Formula 1 season... Read More »
3h ago from F1Technical.net
Ex-F1 star names the one driver who was harder to race than...
Former F1 star Jacques Villeneuve has revealed... Read More »
17h ago from MotorsportWeek.com
Mercedes F1 star Kimi Antonelli feeling the pressure after...
Italian F1 star Kimi Antonelli has vowed to try... Read More »
7h ago from GPFans.com
