News Details

Latifi invests in McLaren

McLaren Group has confirmed that Michael Latifi, a Canadian businessman, has become a shareholder, in a move that significantly strengthens the group's balance sheet and underpins its growth plans. McLaren announced that on 14 May it had sold shares to Nidala (BVI) Limited, controlled by Michael Latifi. The McLaren Group encompasses the McLaren Automotive, McLaren Racing and McLaren Applied Technologies companies. 'This injection of capital is a vote of confidence in our future strategy and the group remains as focused as ever in positioning for growth,' said Shaikh Mohammed bin Essa Al Khalifa, McLaren Group Executive Chairman. 'We are delighted Michael Latifi has joined the McLaren...
Full Story »
7y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Latifi's father linked with McLaren deal

May 21 The father of Force India reserve driver Nicholas Latifi is...
7y ago from OneStopStrategy.com

Latifi linked with future McLaren move after £200...

British Virgin Isles based body Nidala Limited have purchased 888,135...

McLaren Group boosted by £200 million investment

The McLaren Group, which includes its Formula 1 team and its automotive...
7y ago from MotorsportWeek.com

Latifi tipped for possible future McLaren move

Nicholas Latifi has been tipped for a future move to McLaren when he...
7y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Aggressive testing schedule planned ahead of Mick...

Following confirmation Mick Schumacher will make a switch to IndyCar next...

Mick Schumacher joins RLL in IndyCar switch

Rahal Letterman Lanigan Racing has announced that Mick Schumacher will...

Popular On TotalWRC.com

Popular On GunnersToday.com

“I hope he wins the Ballon d'Or” - Mikel Arteta...

Arsenal manager Mikel Arteta has backed Declan Rice to win the Ballon d'Or...
2h ago from SportsKeeda.com

Mikel Arteta’s Arsenal are showing the resilience of...

the past, moments like Chelsea’s shorthanded goal might have sent...
4h ago from TheGuardian.com

“I don’t think they’ll have enough” - Micah...

Former Manchester City defender Micah Richards has claimed that Chelsea...
5h ago from SportsKeeda.com

Arsecast Extra Episode 669 – 01.12.2025

Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
5h ago from Arseblog.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.