News Details

McLaren Group receives fresh £200m investment

The McLaren Group has announced it has received a fresh investment of £200 million that will be received across the course of the coming year. In a statement issued by the McLaren Group earlier this week, it confirmed that it would be issuing new equity capital following an injection of £203.8m by Nidala (BVI) Limited to purchase over 800,000 shares in the company. “This new capital, which is part of the Group’s simplification over the last 12 months, will significantly strengthen the Group’s balance sheet and underpins its ambitious growth plans laid out in its five-year business plan,” the statement from McLaren reads. 5774263478001 CrashTV:  “This injection of capital...
Full Story »
7y ago from Crash.net 0
Share

You May Also Be Interested In...

Latifi linked with future McLaren move after £200...

British Virgin Isles based body Nidala Limited have purchased 888,135...

McLaren get £200m cash boost with links to F2 racer...

McLaren's coffers have been swollen by a £200million investment,...
7y ago from GPFans.com

McLaren tight-lipped on full time IndyCar plans

McLaren is contemplating a tie-up with a leading IndyCar outfit to put a...
7y ago from F1i.com

Brown: McLaren is a fan of the Le Mans brand

McLaren chief Zak Brown has confirmed that his team are looking at a...
7y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Victoria Government rejects MotoGP requests to move...

The Victoria State Government has rejected a request from MotoGP to move...
17h ago from MotorsportWeek.c...

Dorna Sports unveils rebrand as part of MotoGP...

Dorna Sports has announced it will be officially known as MotoGP Sports...
21h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

David Malukas heads the timesheets in opening IndyCar...

The NTT IndyCar Series held the first of two open test days at Phoenix...

George Barber, founder of iconic IndyCar venue, passes...

Barber Motorsports Park has announced that founder of the iconic track...
12h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Elfyn Evans wins Swedish showdown

Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...

Popular On GunnersToday.com

Report: Arsenal lead Tottenham in race to sign German...

Arsenal are reportedly in a strong position to secure the signature of...
57m ago from CaughtOffside.com

'Arsenal have a chance to get him': Arsenal tipped to...

Arsenal have been tipped to make a sensational move for former Manchester...
1h ago from CaughtOffside.com

Julian Alvarez makes transfer decision amid Arsenal...

Julian Alvarez has reportedly decided he favours a transfer to Barcelona...
1h ago from CaughtOffside.com

Wolves away a chance to extend the lead at the top

Morning. Arsenal can go 7 points clear at the top of the Premier League...
7m ago from Arseblog.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.