News Details
Chinese investors bid $2.08 billion McLaren takeover deal
Chinese investors bid $2.08 billion McLaren takeover deal An unnamed group of Chinese investors have reportedly tabled a 1.65 billion pound ($2.08 billion) bid to take over McLaren which has left team principal Ron Dennis' future with the team in uncertainty, Sky News reported on Friday. Dennis, chairman and CEO of the McLaren Group, owns 25% of the business, with another 25% owned by his business partner Mansour Ojjeh, with the remaining 50% owned by a Bahraini sovereign wealth fund. The report, written by city editor Mark Kleinman — It said the offer, which Sky understood was presented to shareholders by Dennis last week, involved an asset manager and private equity funding. No...
Full Story »
Full Story »
8y ago from ThisIsF1.com
0
You May Also Be Interested In...
Chinese investors make $2-billion bid for McLaren
An unidentified consortium of Chinese investors has made a $2.08 billion...
8y ago from GrandPrix247.com
Dennis fighting for future
McLaren have rejected a £1.65 billion takeover bid from Chinese...
8y ago from SkySports.com
Ron Dennis to be suspended from McLaren duties this...
Ron Dennis will reportedly be suspended from his role as Chairman of...
8y ago from GrandPrixTimes.com
Dennis in court bid to save McLaren future - report
The future of McLaren chairman Ron Dennis was thrown into further doubt on...
8y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
BMW admits 2027 MotoGP entry ‘not viable’ as it...
BMW has admitted it is “not viable” for the German manufacturer to...
7h ago from MotorsportWeek.c...
Why the next contract matters more to Fabio Quartararo...
No description available...
1d ago from Motorsport.com
Honda in conundrum over Somkiat Chantra stand-in for...
No description available...
2d ago from Motorsport.com
BMW admits 2027 MotoGP entry “not viable” as it...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Chip Ganassi: ‘We’re spoiled’ having drivers...
Alex Palou clinched the 2025 NTT IndyCar Series title over the weekend,...
3h ago from MotorsportWeek.c...
Winners and losers from IndyCar’s Portland 2025...
No description available...
2h ago from Motorsport.com
IndyCar Portland – Race Results
The final road course event of the 2025 IndyCar season was contested on...
17h ago from MotorsportWeek.c...
Alex Palou clinches title, becomes IndyCar’s newest...
Alex Palou is the champion of the 2025 NTT IndyCar Series, having locked...
17h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Kalle Rovanperä hits the jackpot
Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...
1w ago from MotorsportWeek.c...
Kurt Busch backs WRC return to USA after first taste...
No description available...
1w ago from Motorsport.com
Future second Asian/Pacific event behind WRC calendar...
No description available...
6d ago from Motorsport.com
Sebastien Ogier sets sights on WRC 2025 title push
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsecast Extra Episode 653 – 11.08.2025
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
4h ago from Arseblog.com
“I’d agree” - Alan Shearer and Gary Lineker say...
Alan Shearer and Gary Lineker believe that Viktor Gyokeres' arrival might...
6h ago from SportsKeeda.com
Arsenal latest: 'Players come and go' - Parish coy...
No description available...
6h ago from SkySports.com
Jose Mourinho makes offer to sign Arsenal star; wants...
Former Premier League winning-coach Jose Mourinho wants to sign Arsenal...
7h ago from SportsKeeda.com
Comments
Hottest News
Lewis Hamilton urged to retire as Red Bull decision branded...
The latest episode of the RacingNews365 Podcast... Read More »
2h ago from RacingNews365.com
Hamilton urged to retire as Red Bull decision branded...
Join RacingNews365's Ian Parkes, Sam Coop and... Read More »
1h ago from RacingNews365.com
Mercedes deliver 'big upgrades' message in Ferrari and Red...
Mercedes has a clear target in the final 10... Read More »
42m ago from RacingNews365.com
