News Details
Chinese investors bid $2.08 billion McLaren takeover deal
Chinese investors bid $2.08 billion McLaren takeover deal An unnamed group of Chinese investors have reportedly tabled a 1.65 billion pound ($2.08 billion) bid to take over McLaren which has left team principal Ron Dennis' future with the team in uncertainty, Sky News reported on Friday. Dennis, chairman and CEO of the McLaren Group, owns 25% of the business, with another 25% owned by his business partner Mansour Ojjeh, with the remaining 50% owned by a Bahraini sovereign wealth fund. The report, written by city editor Mark Kleinman — It said the offer, which Sky understood was presented to shareholders by Dennis last week, involved an asset manager and private equity funding. No...
Full Story »
Full Story »
9y ago from ThisIsF1.com
0
You May Also Be Interested In...
Chinese investors make $2-billion bid for McLaren
An unidentified consortium of Chinese investors has made a $2.08 billion...
9y ago from GrandPrix247.com
Dennis fighting for future
McLaren have rejected a £1.65 billion takeover bid from Chinese...
9y ago from SkySports.com
Ron Dennis to be suspended from McLaren duties this...
Ron Dennis will reportedly be suspended from his role as Chairman of...
9y ago from GrandPrixTimes.com
Dennis in court bid to save McLaren future - report
The future of McLaren chairman Ron Dennis was thrown into further doubt on...
9y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP chiefs visit Buenos Aires construction site...
No description available...
3h ago from Motorsport.com
What is custom motorcycle paint in the racing world?
Custom paintwork involves decorating vehicles. There is the Californian...
16h ago from MotorsportWeek.c...
Why Jorge Martin is back - but not at his best yet in...
No description available...
1d ago from Motorsport.com
MotoGP's Concorde Agreement edges closer as talks near...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Andretti boss explains Will Power’s steep transition...
No description available...
39m ago from Motorsport.com
IndyCar changes Arlington results, penalizing Kyffin...
No description available...
20h ago from Motorsport.com
Ed Carpenter set for one-off Indy 500 run with...
No description available...
1d ago from Motorsport.com
Will Power compares ‘military-like’ Andretti to...
When Will Power signed a contract to join Andretti Global for the 2026...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
How Toyota’s new flying Finn is starting to make WRC...
No description available...
1h ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
7h ago from Motorsport.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
3d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal star Kai Havertz makes stance clear on future...
Arsenal attacker Kai Havertz has opened up on his future at the Emirates...
48m ago from SportsKeeda.com
Nothing lasts for Eze
Eberechi Eze’s calf injury feels symptomatic of Arsenal’s season in...
3h ago from Arseblog.com
Kvaratskhelia and Gordon among Arsenal forward targets
Khvicha Kvaratskhelia and Anthony Gordon are among the targets Arsenal are...
3h ago from SkySports.com
Episode 869 – The Box
Welcome to another episode of the Arsecast – the Arsenal podcast. In...
6h ago from Arseblog.com
Comments
Hottest News
Who is Melissa Jimenez? F1 presenter and mother of Fernando...
Fernando Alonso has just welcomed his first child... Read More »
3h ago from GPFans.com
Aston Martin sets ambitious F1 target as Honda identifies...
Honda chief trackside engineer Shintaro Orihara... Read More »
4h ago from MotorsportWeek.com
Max Verstappen ban on British journalist angers media as...
Four-time F1 champion Max Verstappen has prompted... Read More »
28m ago from GPFans.com
