News Details
McLaren Racing sells stake to MSP Sports Capital
McLaren Group has announced that US-based sports investment group MSP Sports Capital has acquired an initial stake in McLaren Racing, which includes the Formula 1 team. MSP Sports Capital will invest £185m into McLaren Racing, taking an initial 15 per cent stake that will increase to a maximum of 33 per cent shareholding by the end of 2022. McLaren says that the transaction values the Racing arm of its company at £560m. McLaren Group remains the majority shareholder while the transaction does not affect McLaren Automotive. MSP is co-investing with its strategic partners, UBS O’Connor and the Najafi Companies, and it is the latest investment by the group, having taken stakes in several...
Full Story »
Full Story »
5y ago from MotorsportWeek.com
0
You May Also Be Interested In...
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
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 Racing secures £185m investment from US...
The McLaren Group announced on Sunday that US sports group MSP Sports...
5y ago from F1i.com
McLaren reportedly selling minority stake in F1 team
McLaren are selling a minority stake in their Formula 1 team to a...
5y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Ducati playing “catch-up” to Aprilia but insists...
No description available...
1h ago from Motorsport.com
Massimo Rivola: Aprilia has become the ‘benchmark’...
Massimo Rivola has admitted that Aprilia has become the current reference...
2h ago from MotorsportWeek.c...
Why Gresini has flirted with leaving Ducati in MotoGP
No description available...
1d ago from Motorsport.com
Jonathan Rea explains why ‘mental management’ will...
Jonathan Rea believes Toprak Razgatlioglu's chances of success in MotoGP...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
3d ago from MotorsportWeek.c...
Mick Schumacher: “I thought I was ready — but I...
No description available...
6d ago from Motorsport.com
Winners and losers from IndyCar at Barber Motorsports...
No description available...
4d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
5d 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...
3d 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...
36m ago from Arseblog.com
Southampton social media brutally trolls Arsenal after...
Southampton’s social media team has added salt to the wounds of the...
1h ago from CaughtOffside.com
Alan Shearer makes bold Premier League title...
Newcastle United legend Alan Shearer believes that Arsenal will find it...
1h 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...
2h ago from SportsKeeda.com
Comments
Hottest News
‘He’s up against it’: Brundle fears Sainz facing...
For Carlos Sainz, what was meant to be a strong... Read More »
1h ago from F1i.com
Alpine issues fiery open letter on Colapinto - denies...
Alpine has turned to social media to address the... Read More »
1h ago from F1i.com
F1: FIA to meet with teams this week
The FIA is to meet with teams and engine... Read More »
1h ago from Pitpass.com
