News Details
McLaren considering selling minority stake in F1 team
McLaren are considering selling a minority stake in their Formula 1 team due to financial pressures amidst the COVID-19 pandemic, it has been reported. Per Sky News, the proposal is at a ‘conceptual stage’ alongside other options, including raising capital from existing bondholders. There was no immediate comment from McLaren. Bahrain’s Mumtalakat holding company is the majority shareholder in McLaren Group, with a 56% stake, followed by the TAG Group led by Saudi-born businessman Mansour Ojjeh with 14%. Canadian businessman Michael Latifi acquired a stake of around 10% in 2018. McLaren finished fourth overall last season with Spaniard Carlos Sainz, who is joining Ferrari next year,...
Full Story »
Full Story »
5y ago from GrandPrix247.com
0
You May Also Be Interested In...
McLaren consider selling minority stake – report
According to Sky News, McLaren Group are mulling over the option of...
5y ago from PlanetF1.com
Website admits Marko comment that incensed Hamilton...
A sports website has admitted that a quote it attributed to Helmut Marko...
5y ago from F1i.com
Renault F1 Team begins selling face masks
The Renault F1 Team has begun selling face masks The Renault F1 Team has...
5y ago from SpeedCafe.com
F1 still considering new venues and alternative layouts
Formula One is still considering holding races at venues not on the...
5y ago from espnF1.com
Elsewhere On The Network
Popular On MGPToday.com
Dani Pedrosa reveals the ‘crazy’ training that...
No description available...
4h ago from Motorsport.com
MotoGP announces Qatar round postponed until November
MotoGP has confirmed that Qatar's 10-12 April slot will be moved to 6-8...
1d ago from MotorsportWeek.c...
MotoGP postpones Qatar GP to November due to Middle...
No description available...
1d ago from Motorsport.com
MotoGP working on rescheduling Qatar GP amid Iran war
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Kyle Kirkwood’s surprise lunge on Alex Palou...
Kyle Kirkwood took victory in the inaugural Grand Prix of Arlington on...
39m ago from MotorsportWeek.c...
Rough and tumble weekend dampens Josef Newgarden’s...
Josef Newgarden came into IndyCar's Arlington GP weekend on a high,...
13h ago from MotorsportWeek.c...
Official race results: 2026 IndyCar Grand Prix of...
No description available...
18h ago from Motorsport.com
Kirkwood "currently the biggest threat" to...
No description available...
15h ago from Motorsport.com
Popular On TotalWRC.com
Why Takamoto Katsuta’s long-awaited first WRC win...
No description available...
18h ago from Motorsport.com
“Proud” Ott Tanak, Kalle Rovanpera lead praise of...
No description available...
22h ago from Motorsport.com
WRC Safari Rally Kenya: Takamoto Katsuta scores...
No description available...
1d ago from Motorsport.com
WRC Safari Rally Kenya: Elfyn Evans retires as drivers...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Gary Neville makes feelings clear about Arsenal...
Manchester United legend Gary Neville has praised Arsenal for keeping Max...
49m ago from SportsKeeda.com
Arsenal vs Bayer Leverkusen Prediction and Betting...
The UEFA Champions League is back in action with another set of knockout...
29m ago from SportsKeeda.com
'We used to do that' – Wayne Rooney offers cheeky...
Manchester United great Wayne Rooney has told Arsenal wonderkid Max Dowman...
3h ago from SportsKeeda.com
Arsecast Extra Episode 686 – 16.03.2026
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
1h ago from Arseblog.com
Comments
Hottest News
Aston Martin and Adrian Newey given massive F1 lifeline...
Aston Martin's car sucks. Read More »
59m ago from GPFans.com
2026 F1 Chinese Grand Prix - driver ratings
Check out RacingNews365's driver ratings from the... Read More »
59m ago from RacingNews365.com
Lewis Hamilton podium isn't to be celebrated as Ferrari...
There were plenty of smiles on Lewis Hamilton's... Read More »
4h ago from GPFans.com
