News Details
MSP Sports Capital acquires minority stake in McLaren
U.S.-based investment group MSP Sports Capital are taking a significant minority stake in the McLaren Formula One team, McLaren Racing said in a statement on Sunday. The deal, for an initial 15% holding that will rise to a maximum 33% by the end of 2022, will value the British racing outfit at £560 million ($740.49 million), it added. Under the deal, MSP will put £185 million into McLaren Racing over a two-year period. McLaren's racing team has received new investment. Clive Mason - Formula 1/Formula 1 via Getty Images
The consortium members include The Najafi Companies, a private investment firm, and UBS O'Connor, a hedge fund subsidiary of Swiss investment banking firm UBS. Jahm...
Full Story »
Full Story »
5y ago from espnF1.com
0
You May Also Be Interested In...
McLaren Racing sells stake to MSP Sports Capital
McLaren Group has announced that US-based sports investment group MSP...
5y ago from MotorsportWeek.com
McLaren reportedly selling minority stake in F1 team
McLaren are selling a minority stake in their Formula 1 team to a...
5y ago from GrandPrix247.com
McLaren Racing Hails £185mn Investment As Significant...
The McLaren Group has announced this morning that it has attracted new...
5y ago from Formula1News.co.uk
McLaren Racing secures £185m investment from US...
The McLaren Group announced on Sunday that US sports group MSP Sports...
5y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Ducati: Marc Marquez “helped, protected” Francesco...
No description available...
1d ago from Motorsport.com
Why Aprilia boss is "disappointed" about not...
No description available...
2d ago from Motorsport.com
Why Francesco Bagnaia seems closer to leaving Ducati...
No description available...
3d ago from Motorsport.com
Jorge Martin likely to miss Sepang MotoGP test after...
No description available...
4d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar penalizes Abel Motorsports for rig testing
No description available...
2d ago from Motorsport.com
Alex Palou responds to McLaren court ruling
Alex Palou has been ordered to pay McLaren Racing over $12 million...
2d ago from MotorsportWeek.c...
McLaren wins contract breach suit against Alex Palou
McLaren has prevailed in its lawsuit against star IndyCar driver Alex...
2d ago from MotorsportWeek.c...
Palou ordered to pay $12 million to McLaren in...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Oliver Solberg crowned the youngest ever Rallye Monte...
Oliver Solberg and Elliot Edmondson created a piece of Rally Monte Carlo...
5h ago from MotorsportWeek.c...
How Oliver Solberg picked up his “crazy dream”...
No description available...
2h ago from Motorsport.com
WRC Monte Carlo: Oliver Solberg dominates to claim...
No description available...
6h ago from Motorsport.com
WRC Monte Carlo: Drivers, fans and Liam Lawson enjoy...
No description available...
19h ago from Motorsport.com
Popular On GunnersToday.com
Insider reveals what Michael Carrick did behind the...
Michael Carrick reportedly spent all night planning the perfect game plan...
53m ago from CaughtOffside.com
'Always fumbles when it matters most', 'Messed...
Fans reacted to Martin Zubimendi's performance in Arsenal's 3-2 Premier...
43m ago from SportsKeeda.com
Nev: Arsenal’s pain is self-inflicted | 'They've...
Gary Neville questions where Arsenal's anxiety is coming from after a...
43m ago from SkySports.com
Watch: Patrick Dorgu with a stunning strike to give...
Manchester United have completely turned the tide at the Emirates Stadium,...
2h ago from CaughtOffside.com
Comments
Hottest News
2026 Daytona 24 Hours - results
Check out the full race results from the 64th... Read More »
1h ago from RacingNews365.com
Are Ferrari back? Charles Leclerc 'excited' after...
Charles Leclerc shared his thoughts after driving... Read More »
1h ago from GPFans.com
Aston Martin pulls F1 Safety Car after five years
Aston Martin has announced it will no longer... Read More »
2h ago from MotorsportWeek.com
