News Details
Bahrain state increases investment into McLaren
Article To news overview © RN365/Michael Potts The Bahrain state investment fund Mumtalakat has expanded its majority stake in McLaren, after buying shares worth £400 million. Mumtalakat announced that it had bought senior preference shareholder stakes in McLaren Group which includes the supercar arm and McLaren Racing, as part of a restructure to achieve their long-term objectives. While no new money will be injected into the company, the Bahrain state has reportedly bought the shares from the Saudi Arabia Public Investment Fund and global investment firm Ares Management, according to Sky News. Both Ares Management and Saudi Arabia's PIF provided £550 million equity investment in...
Full Story »
Full Story »
2y ago from RacingNews365.com
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
McLaren get new owners as Saudis jump ship
According to Sky News, Bahrain's state investment fund Mumtalakat is set...
2y ago from Formula1News.co.uk
F1: Saudis selling McLaren stake to Bahrain?
Saudi Arabia's Public Investment Fund (PIF) is understood to be selling...
2y ago from Pitpass.com
McLaren stunned by Lando Norris penalty
Lando Norris' Canadian Grand Prix ended with the Briton having a points...
2y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Ducati: Marc Marquez “helped, protected” Francesco...
No description available...
9h ago from Motorsport.com
Why Aprilia boss is "disappointed" about not...
No description available...
1d ago from Motorsport.com
Why Francesco Bagnaia seems closer to leaving Ducati...
No description available...
2d ago from Motorsport.com
Jorge Martin likely to miss Sepang MotoGP test after...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar penalizes Abel Motorsports for rig testing
No description available...
23h ago from Motorsport.com
Alex Palou responds to McLaren court ruling
Alex Palou has been ordered to pay McLaren Racing over $12 million...
1d ago from MotorsportWeek.c...
McLaren wins contract breach suit against Alex Palou
McLaren has prevailed in its lawsuit against star IndyCar driver Alex...
1d ago from MotorsportWeek.c...
Palou ordered to pay $12 million to McLaren in...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
WRC Monte Carlo: Oliver Solberg in control, as Elfyn...
No description available...
8h ago from Motorsport.com
Solberg steals the show on Saturday
Oliver Solberg and Elliot Edmondson continued where they left off on...
56m ago from MotorsportWeek.c...
WRC Monte Carlo: Oliver Solberg moves clear of the...
No description available...
22h ago from Motorsport.com
Solberg sensational in the snow (and slush, and rain)
Oliver Solberg and Elliot Edmondson, making their debut as full-time...
1d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Jermaine Jenas warns Arsenal about 3 Manchester United...
Former Tottenham Hotspur midfielder Jermaine Jenas has warned Arsenal that...
26m ago from SportsKeeda.com
Arteta: I feel part of Rams' Super Bowl challenge
Stan Kroenke just became America's largest private landowner. The Arsenal...
2h ago from SkySports.com
Talks held: Arsenal planning transfer move for £43m...
Arsenal are reportedly discussing a potential future transfer move for...
1h ago from CaughtOffside.com
'It's a challenge' | Carrick explains what Man Utd...
Manchester United head coach Michael Carrick says he is embracing the...
2h ago from SkySports.com
Comments
Hottest News
Lewis Hamilton left stunned after first Ferrari 2026 F1 laps
Ferrari unveiled to the world its new car for the... Read More »
7h ago from RacingNews365.com
Alex Albon sees positives in Williams missing Barcelona test
Alex Albon gave his opinion on the announcement... Read More »
26m ago from MotorsportWeek.com
Cowell weighs in on Mercedes’ controversial engine edge
Andy Cowell knows better than most how Formula... Read More »
2h ago from F1i.com
