News Details
McLaren confirm Latifi link behind £200m investment
McLaren have confirmed a cash investment of £200 million has been made in the team by Michael Latifi, the Canadian businessman and father of F2 racer, Nicholas. The team say the move "significantly strengthens the group’s balance sheet and underpins its ambitious growth plans". Racefans.net reported the deal over the weekend, and McLaren have confirmed that Latifi has made a significant investment into the team. It is reported that Latifi's company Nidala Limited has purchased 888,135 shares in McLaren Group, costing £203.8million. READ MORE: Alonso talks won't start until mid-season READ MORE: McLaren near begging point with Alonso Shaikh Mohammed bin...
Full Story »
Full Story »
7y ago from GPFans.com
0
You May Also Be Interested In...
McLaren: We are delighted Latifi has joined the family
McLaren Group is pleased to confirm that Michael Latifi, a Canadian...
7y ago from GrandPrix247.com
McLaren confirms Michael Latifi behind £200m...
The McLaren Group has confirmed that Michael Latifi, father of Formula...
7y ago from MotorsportWeek.com
McLaren Group boosted by £200 million investment
The McLaren Group, which includes its Formula 1 team and its automotive...
7y ago from MotorsportWeek.com
McLaren confirm £200million investment from new...
McLaren has revealed that their new £200million investment has come...
7y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Lorenzo shares his ‘theory' on the cause...
Five-time MotoGP champion Jorge Lorenzo believes that multiple factors...
3d ago from MotorsportWeek.c...
Miguel Oliveira: I did my best to stay in MotoGP but...
No description available...
2d ago from Motorsport.com
How Aprilia believes it “overreached our target”...
No description available...
3d ago from Motorsport.com
Toprak Razgatlioglu aims to challenge Fabio Quartararo...
No description available...
5d ago from Motorsport.com
Popular On IndyCarToday.com
Aggressive testing schedule planned ahead of Mick...
Following confirmation Mick Schumacher will make a switch to IndyCar next...
5d ago from MotorsportWeek.c...
Mick Schumacher joins RLL in IndyCar switch
Rahal Letterman Lanigan Racing has announced that Mick Schumacher will...
6d ago from MotorsportWeek.c...
Mick Schumacher hails IndyCar racing as "the way...
No description available...
5d ago from Motorsport.com
Mick Schumacher makes IndyCar switch with RLL in 2026
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Ott Tanak looking forward to break from full-time...
No description available...
18h ago from Motorsport.com
Sebastien Ogier on matching Sebastien Loeb’s record...
No description available...
1d ago from Motorsport.com
Sebastien Ogier wins 9th WRC title, Thierry Neuville...
Sebastien Ogier won his ninth WRC title in Saudia Arabia and Vincent...
1d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Player ratings: Chelsea 1-1 Arsenal
Arsenal were held to a 1-1 draw at Stamford Bridge on Sunday afternoon in...
5h ago from FreshArsenal.com
'…it's something major': Mikel Arteta drops huge...
Arsenal’s 1-1 draw with Chelsea at Stamford Bridge kept them top of the...
5h ago from CaughtOffside.com
Maresca cries foul as Arsenal’s Hincapié escapes...
t;li>Chelsea manager complains of inconsistent refereeingMaresca agrees...
7h ago from TheGuardian.com
'He is out of this world', 'Ngolo Kante in disguise' -...
Chelsea fans were left hugely impressed by the showing of captain Reece...
9h ago from SportsKeeda.com
Comments
Hottest News
'Oscar Piastri has to leave!' F1 fans fury after McLaren...
Some F1 fans have continued to fall for McLaren... Read More »
14h ago from GPFans.com
Ferrari's season summed up? Video reveals chaotic Lewis...
An error from Ferrari has circulated on social... Read More »
6h ago from GPFans.com
Helmut Marko fires Kimi Antonelli accusation after late...
Quite the claim from Helmut Marko. Read More »
9h ago from RacingNews365.com
