News Details
McLaren reportedly selling minority stake in F1 team
McLaren are selling a minority stake in their Formula 1 team to a consortium of U.S.-based investors in a deal that will value the British racing outfit at 560 million pounds ($740.49 million), Sky News reported on Saturday, citing sources. The MSP Sports Capital-led consortium would put 185 million pounds into McLaren Racing over a two-year period, Sky News reported, adding that the deal could be announced as early as Sunday. McLaren Racing and MSP Sports Capital did not immediately respond to a request for comment. The consortium members included The Najafi Companies, a private investment firm, and UBS O'Connor, a hedge fund subsidiary of Swiss investment banking firm UBS, the report...
Full Story »
Full Story »
5y ago from GrandPrix247.com
0
You May Also Be Interested In...
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 set to sell big stake in F1 team to US...
McLaren are set to sell a big stake in their Formula 1 team to a US-based...
5y ago from GPBlog.com
McLaren sells big team stake in £560m deal
A consortium of US-based investors is close to buying a big stake in the...
5y ago from SkySports.com
Elsewhere On The Network
Popular On MGPToday.com
Construction moving forward at Buenos Aires for...
No description available...
1h ago from Motorsport.com
Ducati playing “catch-up” to Aprilia but insists...
No description available...
7h ago from Motorsport.com
Massimo Rivola: Aprilia has become the ‘benchmark’...
Massimo Rivola has admitted that Aprilia has become the current reference...
8h ago from MotorsportWeek.c...
Why Gresini has flirted with leaving Ducati in MotoGP
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
6d ago from Motorsport.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
4d ago from MotorsportWeek.c...
Winners and losers from IndyCar at Barber Motorsports...
No description available...
5d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Storm damage forces changes to WRC Rally Islas...
No description available...
2d ago from Motorsport.com
Kalle Rovanpera returns to WRC with Subaru
Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
4d ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
6d ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsecast Extra Episode 689 – 05.04.2026
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
6h ago from Arseblog.com
Southampton social media brutally trolls Arsenal after...
Southampton’s social media team has added salt to the wounds of the...
7h ago from CaughtOffside.com
Alan Shearer makes bold Premier League title...
Newcastle United legend Alan Shearer believes that Arsenal will find it...
7h ago from SportsKeeda.com
Mikel Arteta takes full responsibility for Arsenal's...
Arsenal boss Mikel Arteta attributed the team's 2-1 FA Cup quarter-final...
8h ago from SportsKeeda.com
Comments
Hottest News
Ayrton Senna produces Easter miracle with in Donington's...
On Easter Sunday in 1993, F1 witnessed one of... Read More »
1h ago from MotorsportWeek.com
Mekies: ‘We all agree’ F1 must bring back flat-out...
Red Bull team principal Laurent Mekies has made... Read More »
2h ago from F1i.com
Red Bull reveals why it is so far behind the competition in...
Red Bull is paying a heavy price for a decision... Read More »
4h ago from MotorsportWeek.com
