News Details
McLaren Racing secures £185m investment from US sports group
The McLaren Group announced on Sunday that US sports group MSP Sports Capital has acquired a significant minority stake in McLaren Racing. MSP Sports Capital will invest a total of £185m into McLaren's racing entity, acquiring an initial 15% stake that will increase to a maximum of a 33% shareholding by the end of 2022. The transaction - destined to strengthen the Woking-based outfit's long-term plan for regular Formula 1 championship contention - values McLaren Racing at £560m, post-money. "This investment represents a key moment in the progress of McLaren Racing," commented McLaren Racing boss Zak Brown. "MSP Sports Capital is first and foremost a sports investor. They...
Full Story »
Full Story »
You May Also Be Interested In...
McLaren announces £185m investment
The McLaren Group has announced that it has attracted significant new...
5y ago from Pitpass.com
Confirmed: McLaren sells shares to American investment...
McLaren have officially sold a large portion of their shares to MSP...
5y ago from GPBlog.com
McLaren poised to sell stake in deal worth £560m
McLaren are set to sell an initial 15 per cent stake in their Formula 1...
5y ago from PlanetF1.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
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
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
Arsecast Extra Episode 689 – 05.04.2026
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
6h ago from Arseblog.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
Lewis Hamilton missed Ferrari meetings, why things are...
Seven-time F1 world champion Lewis Hamilton has... Read More »
57m ago from GPFans.com
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
Opel offer crucial team structure insight ahead of Formula...
No stone is being left unturned by Opel ahead of... Read More »
1h ago from RacingNews365.com
