News Details
McLaren confirms Michael Latifi as new Group shareholder
The McLaren Group has confirmed that Canadian businessman Michael Latifi - the father of F2 racer and Force India junior Nicholas Latifi - has become a significant shareholder of the company. McLaren did not disclose the stake acquired by Latifi, but this weekend's reports suggested it was a cash injection of approximately £200 million destined to strengthen the group’s balance sheet and boost its ambitious growth plans. "This injection of capital is a vote of confidence in our future strategy and the group remains as focused as ever in positioning for growth," said Shaikh Mohammed bin Essa Al Khalifa, McLaren Group Executive Chairman. "We are delighted Michael Latifi has...
Full Story »
Full Story »
You May Also Be Interested In...
Latifi invests in McLaren
McLaren Group has confirmed that Michael Latifi, a Canadian businessman,...
7y ago from Pitpass.com
McLaren sell shares to group linked to Nicholas Latifi
McLaren have announced that they have sold shares in the company to...
7y ago from FormulaSpy.com
Latifi's father linked with McLaren deal
May 21 The father of Force India reserve driver Nicholas Latifi is...
7y ago from OneStopStrategy.com
McLaren Group boosted by £200 million investment
The McLaren Group, which includes its Formula 1 team and its automotive...
7y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Luca Marini has “really high expectations” from...
No description available...
6h ago from Motorsport.com
Popular On IndyCarToday.com
Will Power to replace Colton Herta at Andretti in 2026
No description available...
3h ago from Motorsport.com
IndyCar moves street race from Toronto to Markham for...
No description available...
4h ago from Motorsport.com
Colton Herta leaves IndyCar to pursue F1 with Cadillac...
The Cadillac F1 Team has announced that it has hired IndyCar star Colton...
4h ago from MotorsportWeek.c...
IndyCar’s Toronto race shifted to new venue for 2026
IndyCar’s yearly visit north of the border to Canada will be held at a...
5h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Toyota’s Sebastien Ogier races to thrilling comeback...
No description available...
3d ago from Motorsport.com
Sebastian Ogier wants WRC title by “winning...
No description available...
2d ago from Motorsport.com
WRC championship twist as Hyundai retires Adrien...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
“It just didn’t make any sense” - Craig Burley...
Former Chelsea midfielder Craig Burley has criticised Arsenal for not...
9h ago from SportsKeeda.com
Nottingham Forest secure late loan move for Zinchenko
Nottingham Forest have pulled off a late Deadline Day loan move for...
10h ago from SkySports.com
Adapting to the Premier League: Gyokeres and the...
No description available...
10h ago from SkySports.com
Comments
Hottest News
Toto Wolff issues verdict on mid-season exit for Mercedes...
F1 team principal Toto Wolff has issued a verdict... Read More »
2h ago from GPFans.com
Daniel Ricciardo supercar set to fetch eye-watering...
Daniel Ricciardo is parting ways with his iconic... Read More »
2h ago from RacingNews365.com
Herta named Cadillac F1 Test Driver for 2026 season
Cadillac confirmed today that IndyCar star Colton... Read More »
38m ago from GrandPrix247.com
