News Details

Confirmed: McLaren sells shares to American investment company

McLaren have officially sold a large portion of their shares to MSP Sports Capital. The American investment company will initially invest for 15 percent of the shares, but in the coming years that will increase to a third of the total shares in the F1 team. More to follow. McLaren Group has announced that it has attracted significant new long-term investment into McLaren Racing led by MSP Sports Capital, to help drive its plan to return to the top of Formula 1. Read more. — McLaren (@McLarenF1) December 13, 2020
Full Story »
3y ago from GPBlog.com 0
Share

You May Also Be Interested In...

‘Bottas' shares have collapsed after Sakhir'

Second best to George Russell on the Brit's Mercedes debut, Finnish...
3y ago from PlanetF1.com

Ferrari's Mekies says Camilleri retirement a total...

Ferrari sporting director Laurent Mekies says the Italian outfit was...
3y ago from F1i.com

McLaren sell stake to US investment company

Abu Dhabi Grand Prix – McLaren are selling a big stake in their...
3y ago from FormulaSpy.com

Ferrari CEO Louis Camilleri Resigns For ‘Personal...

Ferrari Chief Executive Officer (CEO) Louis Camilleri has stepped down...
3y ago from Formula1News.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Martin admits chances of winning Dutch GP were...

Jorge Martin has admitted that his chances of winning either race across...
14h ago from MotorsportWeek.c...

Honda acquire Espargaro for its MotoGP test team from...

Aleix Espargaro will be making the switch to Honda for 2025 to strengthen...
19h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Lundgaard to replace Rossi at Arrow McLaren in 2025

Arrow McLaren has announced that it is bringing on Christian Lundgaard for...
11h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Man involved in Ogier's accident before Rally Poland...

One of the persons in the other vehicle that was involved in Ogier's...
15h ago from TheCheckeredFlag...

The Finnish Star Kalle Rovanperä wins Rally Poland

Rovanperä who wasn't even meant to drive the rally won Rally Poland...
15h ago from TheCheckeredFlag...

Popular On GunnersToday.com

Arsenal transfer news: Gunners 'activate' David Raya...

Arsenal are reportedly on the verge of confirming the permanent signing of...
1d ago from SportsMole.co.uk

Arsenal eye move for Spanish goalkeeper with 25m...

Arsenal could target a move for Espanyol goalkeeper Joan Garcia if Aaron...
7h ago from CaughtOffside.com

Report: Arsenal ready 25m move for Spaniard if player...

Arsenal could have a deal in the pipeline, but it is dependent on a player...
7h ago from FreshArsenal.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.