News Details
Latifi family behind McLaren quarter billion dollar boost
A British Virgin Island company, with connections to the family of Formula 2 driver Nicolas Latifi, has invested over a quarter billion dollars into the McLaren Group, including the Formula 1 team, prompting speculation that the young Canadian will find himself a drive with the Woking outfit. McLaren announced in a statement: 'McLaren Luxury automotive and technology company McLaren Group announces it is issuing new equity capital.' 'A capital injection of £203.8-million ($273-million) is being made by Nidala (BVI) Limited to purchase 888,135 ordinary shares in McLaren Group Limited. The proceeds for the new capital will be received over the coming year. This new capital, which is part...
Full Story »
Full Story »
7y ago from GrandPrix247.com
0
You May Also Be Interested In...
McLaren get £200m cash boost with links to F2 racer...
McLaren's coffers have been swollen by a £200million investment,...
7y ago from GPFans.com
Latifi tipped for possible future McLaren move
Nicholas Latifi has been tipped for a future move to McLaren when he...
7y ago from PlanetF1.com
Latifi linked with future McLaren move after £200...
British Virgin Isles based body Nidala Limited have purchased 888,135...
7y ago from TheCheckeredFlag....
Latifi's father linked with McLaren deal
May 21 The father of Force India reserve driver Nicholas Latifi is...
7y ago from OneStopStrategy.com
Elsewhere On The Network
Popular On MGPToday.com
Yamaha confirms its V4 will race at MotoGP San Marino...
No description available...
6d ago from Motorsport.com
Why Jorge Martin burst into tears at MotoGP Hungarian...
No description available...
3d ago from Motorsport.com
Marc Marquez: ‘My exceptional 2025 MotoGP season...
No description available...
3d ago from Motorsport.com
Marc Marquez: ‘Not normal to win every weekend’...
Marc Marquez admits “it’s not normal to win every weekend” despite...
6d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar Nashville – Qualifying Results
The final qualifying session of the 2025 IndyCar season took place on...
21h ago from MotorsportWeek.c...
Pato O’Ward powers to a blistering 202.621 mph pole...
No description available...
20h ago from Motorsport.com
Callum Ilott, Christian Rasmussen given IndyCar grid...
The NTT IndyCar Series has handed out grid penalties for two drivers...
1d ago from MotorsportWeek.c...
O’Ward tops 202 MPH to take IndyCar pole in Nashville
The NTT IndyCar Series is visiting Nashville Superspeedway this weekend,...
21h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Sebastien Ogier: Paraguay victory fight “not over”...
No description available...
8h ago from Motorsport.com
Sebastien Ogier storms to WRC Rally Paraguay lead as...
No description available...
19h ago from Motorsport.com
Ogier leads as Rovanperä falls back in Paraguay
Sebastian Ogier and Vincent Landais led Rally del Paraguay after...
20h ago from MotorsportWeek.c...
M-Sport Ford team hits bedrock at WRC Rally Paraguay...
No description available...
22h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal dealt massive blow as star man gets subbed out...
Arsenal have suffered a blow as defender William Saliba has gone off...
56m ago from SportsKeeda.com
Liverpool v Arsenal: Premier League updates – live
t;li>Follow every kick of crunch 4.30pm (BST) kick-offThoughts on the...
2h ago from TheGuardian.com
'Should have been like a super sub', 'Midfield will be...
Arsenal fans on X (formerly Twitter) are furious with manager Mikel Arteta...
2h ago from SportsKeeda.com
'Good call for this match', 'Not cool' - Liverpool...
A section of Liverpool fans on X are questioning Arne Slot after he opted...
2h ago from SportsKeeda.com
Comments
Hottest News
Oscar Piastri fires defiant message after Lando Norris...
Oscar Piastri's lead in the F1 drivers' title has... Read More »
1h ago from RacingNews365.com
F1 2025 Dutch Grand Prix – Race Results
Oscar Piastri wins the 2025 F1 Dutch GP ahead of... Read More »
2h ago from MotorsportWeek.com
2025 Dutch Grand Prix - Race results
Full race results from the Dutch Grand Prix at... Read More »
1h ago from F1i.com
