News Details
In The Pitlane: Show me the money!
McLaren Racing announced at last weekend’s Abu Dhabi race that they had agreed to sell a third of the company to a group of United States-based investors. MSP Sports Capital will inject £185-million {$246-million) by the end of 2022 giving them a 15% stake rising to 33%. McLaren were delighted with the news with McLaren Racing chief Zak Brown stating,
'This investment bolsters our plan to return to contention for wins and championships in F1 and IndyCar.” McLaren has taken a long-term strategic decision to separate the funding for the race team from the automotive and engineering divisions effectively ring-fencing the F1 team. McLaren Group executive chairman Paul Walsh hit the nail...
Full Story »
Full Story »
5y ago from GrandPrix247.com
0
You May Also Be Interested In...
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 sell stake to US investment company
Abu Dhabi Grand Prix – McLaren are selling a big stake in their...
5y ago from FormulaSpy.com
US investors set to buy stake in McLaren F1 team
A consortium of US-based investors are set to acquire a 15 per cent...
5y ago from MotorsportWeek.com
McLaren Racing sells stake to MSP Sports Capital
McLaren Group has announced that US-based sports investment group MSP...
5y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez to make Ducati return in private Valencia...
No description available...
6h ago from Motorsport.com
Pushing aero to the limit: The evolution of winglets...
No description available...
8h ago from Motorsport.com
Why the 2026 MotoGP season is shaping up to be a...
No description available...
11h ago from Motorsport.com
Toprak Razgatlioglu hailed as ‘Casey Stoner 2.0’...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
McLaughlin set to have new spotter for 2026 IndyCar...
No description available...
8h ago from Motorsport.com
Jacob Abel moves from IndyCar to sports cars after one...
After one season competing in IndyCar, Jacob Abel will make a transition...
9h ago from MotorsportWeek.c...
GP of Arlington President Miller bullish over...
No description available...
1d ago from Motorsport.com
Barnes: A wishlist for the 2026 IndyCar season
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Why defending champion Yazeed Al-Rajhi retired from...
No description available...
6h ago from Motorsport.com
Dakar 2026, Stage 4: Toyota’s Henk Lategan crushes...
No description available...
12h ago from Motorsport.com
Toyota reveals new-look WEC Hypercar for 2026 amid...
No description available...
13h ago from Motorsport.com
Sebastien Loeb left “almost at a standstill” in...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
'Completely stupid' – Thomas Frank slams 'sad'...
Tottenham manager Thomas Frank was not happy as he was asked about...
41m ago from CaughtOffside.com
Thomas Frank rubs salt into Spurs fans' wounds as he's...
Tottenham manager Thomas Frank has been spotted drinking from an...
1h ago from CaughtOffside.com
Mikel Arteta reveals 'phenomenal' behind-the-scenes...
Arsenal manager Mikel Arteta has heaped praise onto Eberechi Eze for the...
1h ago from CaughtOffside.com
Another PL club keen to sign Arsenal star amid Chelsea...
Arsenal are reportedly facing even more transfer interest in Ethan...
1h ago from CaughtOffside.com
Comments
Hottest News
'It looks like a Ferrari but probably goes faster!' Fans...
Fans of unusually-shaped confectionary, rejoice!... Read More »
2h ago from GPFans.com
'It would be cool!' McLaren boss Zak Brown wants to bring...
McLaren boss Zak Brown has encouraged the sport... Read More »
3h ago from GPFans.com
Ford hint at remarkable Red Bull reveal as Christian Horner...
Keep up with all the biggest stories of the day... Read More »
3h ago from RacingNews365.com
