News Details
McLaren receive a £200 million pound cash injection
McLaren have received a £200 million cash injection from a company linked to F2 driver Nicholas Latifi. McLaren Group, the holding company for McLaren Racing and McLaren Automotive received a capital injection of £203.8m, made by Nidala (BVI) Limited to purchase 888,135 ordinary shares in the Group. A spokesperson for McLaren said : “We aren’t at liberty to disclose details of the investor. This is, as you will know, not uncommon practice.” However, it is understood that Michael Latifi, CEO of major Canadian food conglomerate Sofina and father of F2 racer and current Force India driver Nicholas Latifi, has interests in Nidala. Nidala is thought to stand...
Full Story »
Full Story »
7y ago from GPBlog.com
0
You May Also Be Interested In...
Nicholas Latifi: “I couldn’t have asked for a...
Nicholas Latifi was finally able to participate in testing for the Sahara...
7y ago from TheCheckeredFlag....
Preview: F1 set for in-season Spain test
Formula 1 is set for its first official in-season test at the Circuit de...
7y ago from MotorsportWeek.com
Line-Ups: Spain post-race test
In-season testing – Here are the full line-ups for the post-Spain...
7y ago from FormulaSpy.com
Valtteri Bottas edges Antonio Giovinazzi at Barcelona...
Mercedes’ Valtteri Bottas edged Ferrari reserve driver Antonio...
7y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
“It can be dangerous” – MotoGP’s Balaton Park...
No description available...
13h ago from Motorsport.com
MotoGP Hungarian GP: Marc Marquez takes pole as Pedro...
No description available...
20h ago from Motorsport.com
Fabio Quartararo handed long lap penalty for Hungarian...
No description available...
14h ago from Motorsport.com
MotoGP Hungarian GP: Marc Marquez dominates sprint
No description available...
17h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar Milwaukee – Qualifying Results
All 27 drivers of the NTT IndyCar Series buckled in and completed two of...
10h ago from MotorsportWeek.c...
Three Honda drivers to take IndyCar grid penalties at...
The NTT IndyCar Series has announced three grid penalties for this...
14h ago from MotorsportWeek.c...
Josef Newgarden tops the timesheets for Milwaukee’s...
The NTT IndyCar Series took to the historic Milwaukee Mile on Saturday...
14h ago from MotorsportWeek.c...
IndyCar champ Alex Palou clinches Milwaukee Mile pole...
No description available...
11h ago from Motorsport.com
Popular On TotalWRC.com
FIA launches tender process for new WRC promoter
No description available...
2d ago from Motorsport.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
1w ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
1w ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal boss Mikel Arteta provides Bukayo Saka and...
Arsenal manager Mikel Arteta has provided an update on the fitness of star...
29m ago from SportsKeeda.com
Real Madrid Transfer News Roundup: Los Blancos eyeing...
Real Madrid travel to the Estadio Carlos Tartiere on Sunday, August 24, to...
1h ago from SportsKeeda.com
Documents signed: Fabrizio Romano explains whether...
All the documents have reportedly been signed for Eberechi Eze to complete...
1d ago from CaughtOffside.com
Report: Arsenal still keen on signing in surprise...
Arsenal may not be finished in the transfer market just yet, with some...
10h ago from FreshArsenal.com
Comments
Hottest News
The ‘similar trend’ Nico Hulkenberg sees between his...
Nico Hulkenberg sees echoes of his 2013 debut... Read More »
49m ago from MotorsportWeek.com
Former Red Bull mechanic details amusing Max Verstappen hot...
It's not often Max Verstappen is the passenger -... Read More »
59m ago from RacingNews365.com
F1 News Today: Hamilton and Vettel link-up raised as...
Could two F1 legends come together to try and... Read More »
1h ago from GPFans.com
