News Details

McLaren confirms Michael Latifi as new Group shareholder

The McLaren Group has confirmed that Canadian businessman Michael Latifi - the father of F2 racer and Force India junior Nicholas Latifi - has become a significant shareholder of the company. McLaren did not disclose the stake acquired by Latifi, but this weekend's reports suggested it was a cash injection of approximately £200 million destined to strengthen the group’s balance sheet and boost its ambitious growth plans. "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...
Full Story »
8y ago from F1i.com 0
Share

You May Also Be Interested In...

Latifi invests in McLaren

McLaren Group has confirmed that Michael Latifi, a Canadian businessman,...
8y ago from Pitpass.com

McLaren sell shares to group linked to Nicholas Latifi

McLaren have announced that they have sold shares in the company to...
8y ago from FormulaSpy.com

Latifi's father linked with McLaren deal

May 21 The father of Force India reserve driver Nicholas Latifi is...
8y ago from OneStopStrategy.com

McLaren Group boosted by £200 million investment

The McLaren Group, which includes its Formula 1 team and its automotive...
8y ago from MotorsportWeek.com

Elsewhere On The Network

Popular On MGPToday.com

MotoGP Grand Prix of Italy Results

The full results from the 2026 MotoGP Grand Prix of Italy, which saw...

Marco Bezzecchi takes stunning home victory in Mugello...

Marco Bezzecchi completed a stunning display to clinch his first ever...

Popular On IndyCarToday.com

IndyCar Detroit – Qualifying Results

IndyCar hit the streets of Detroit Saturday afternoon to set the grid,...
20h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Elfyn Evans brings it home at home

Toyota Gazoo Racing dominated their most important rally of the season,...

Popular On GunnersToday.com

Jamie Carragher details key reason for Arsenal's loss...

Liverpool legend Jamie Carragher believes Arsenal lack quality in attack,...
1h ago from SportsKeeda.com

Arsenal so close and growing – but this was still a...

Arsenal's players stood there as Paris Saint-Germain celebrated. Myles...
1h ago from SkySports.com

Steven Gerrard and Owen Hargreaves call out Arsenal...

Liverpool legend Steven Gerrard and former Manchester United star Owen...
1h ago from SportsKeeda.com

Steven Gerrard provides honest response when asked if...

Steven Gerrard backed Arsenal to bounce back after their UEFA Champions...
1h ago from SportsKeeda.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.