News Details
Audi reportedly acquires McLaren Group - secures entry into F1!
Audi has allegedly acquired the entire McLaren Group according to a report published on Monday by Autocar, a deal that secures Germany automotive company's entry into Formula 1. The McLaren Group which includes McLaren Racing has struggled financially in the past 18 months as sales of its automotive division bear the brunt of the global Covid pandemic. Since 2020, the group has undergone several capital raises and financial restructuring initiatives, receiving last summer a £550 million injection from new and existing shareholders, including from investment firm Ares Management Corporation and Saudi Arabia's Public Investment Fund. ©SeanBullDesign The recapitalization move was conducted...
Full Story »
Full Story »
You May Also Be Interested In...
Audi reportedly buy out entire McLaren Group
A report from Autocar has claimed that Audi have secured an entry into...
4y ago from PlanetF1.com
Audi rumored to be mulling a bid for McLaren!
Volkswagen brands Audi and Porsche are set to decide their future in F1...
4y ago from F1i.com
'Audi seeks takeover of F1 team McLaren'
Both BMW and Audi are said to be aiming at a takeover of McLaren. That is...
4y ago from GPBlog.com
‘No McLaren interest in takeover from Audi'...
An Audi takeover of McLaren is “the hottest rumour in the paddock”...
4y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Former team boss Lin Jarvis definitively leaves Yamaha
No description available...
7h ago from Motorsport.com
Pedro Acosta: “Forgetting about the championship”...
No description available...
9h ago from Motorsport.com
Pramac MotoGP boss shares what ‘surprised’ him...
Pramac MotoGP Team Manager Gino Borsoi revealed that he was “quite...
1d ago from MotorsportWeek.c...
Rain spoils debut of Honda’s 850cc engine in Sepang...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
4d ago from MotorsportWeek.c...
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
1w ago from Motorsport.com
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Why Hyundai expects to be stronger in WRC 2026
No description available...
7h ago from Motorsport.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
1d ago from Motorsport.com
Gregoire Munster confirmed for WRC Monte Carlo in...
The season opener marks a return to the event where Munster claimed his...
4d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal join Tottenham & Chelsea in race for...
Arsenal, Tottenham and Chelsea remain interested in signing the Juventus...
3h ago from CaughtOffside.com
Arsenal plot surprise raid for 6ft 5in teen sensation...
Arsenal are interested in signing the AC Milan defender Davide...
3h ago from CaughtOffside.com
Arsenal conceding late goals is not a defence issue -...
Another fright before Christmas. Arsenal never seem to do it the easy way.
12h ago from SkySports.com
'He understood perfectly what his role was' - Mikel...
Mikel Arteta hailed Christian Norgaard’s impact after Arsenal’s...
17h ago from SportsKeeda.com
Comments
Hottest News
Honda detail 'intense' Adrian Newey conversations as Aston...
Adrian Newey knows all about Aston Martin's new... Read More »
5h ago from RacingNews365.com
Verstappen Racing seal Mercedes GT3 deal as Haas address...
Check out the biggest stories of the day with the... Read More »
2h ago from RacingNews365.com
Daniel Ricciardo reaches new heights in airborne rally...
Former F1 driver Daniel Ricciardo took his Ford... Read More »
4h ago from RacingNews365.com
