News Details
McLaren Group boosted by £200 million investment
The McLaren Group, which includes its Formula 1 team and its automotive business, has been boosted by an investment worth more than £200 million ($270m). The group issued a statement this week confirming that it would be issuing new equity capital following the £203.8m investment by Nidala (BVI) Limited, which purchased 888,135 ordinary shares in the company. 'The proceeds for the new capital will be received over the coming year,' read the statement. '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...
Full Story »
Full Story »
7y ago from MotorsportWeek.com
0
You May Also Be Interested In...
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
Latifi tipped for possible future McLaren move
Nicholas Latifi has been tipped for a future move to McLaren when he...
7y ago from PlanetF1.com
Latifi linked with future McLaren move after £200...
British Virgin Isles based body Nidala Limited have purchased 888,135...
7y ago from TheCheckeredFlag....
McLaren Group receives fresh £200m investment
The McLaren Group has announced it has received a fresh investment of...
7y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
MotoGP’s 2026 pre-season schedule is still up in the...
No description available...
15h ago from Motorsport.com
Pedro Acosta reveals how ‘disaster’ Saturday...
Pedro Acosta revealed “KTM is improving in every race” after taking...
17h ago from MotorsportWeek.c...
Yamaha confirms its V4 will race at MotoGP San Marino...
No description available...
1d ago from Motorsport.com
Marc Marquez: ‘Not normal to win every weekend’...
Marc Marquez admits “it’s not normal to win every weekend” despite...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Chip Ganassi shuts down Alex Palou and Red Bull F1...
No description available...
11h ago from Motorsport.com
IndyCar partners with iRacing for standalone video...
The NTT IndyCar Series will feature in a new branded video game title,...
9h ago from MotorsportWeek.c...
Mother Nature helped, but Christian Rasmussen was the...
No description available...
1d ago from Motorsport.com
Winners and losers of IndyCar Snap-On Milwaukee Mile...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
FIA launches tender process for new WRC promoter
No description available...
5d 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
Popular On GunnersToday.com
Kiwior linked with Porto, Berta's loan + obligation...
Morning. I know there's probably a cut-off point when it comes to Eberechi...
25m ago from Arseblog.com
Concrete negotiations: Arsenal involved in talks to...
According to journalist Florian Plettenberg, Arsenal have stepped up their...
1h ago from CaughtOffside.com
'He needs to liven up' - Rio Ferdinand offers advice...
Manchester United legend Rio Ferdinand has advised Altay Bayindir to liven...
1h ago from SportsKeeda.com
Kai Havertz ruled out of Arsenal and Germany games and...
t;li>Forward sustained knee injury at Manchester UnitedArsenal must...
20h ago from TheGuardian.com
Comments
Hottest News
F1 News Today: Russell reaches desperation as star driver...
Mercedes F1 driver George Russell is still... Read More »
1h ago from GPFans.com
Christian Horner F1 return update issued in official...
Christian Horner's list of potential options... Read More »
25m ago from GPFans.com
How to Find the Best Online Casino Free Credit Deals
Online casinos have become increasingly popular... Read More »
55m ago from GrandPrix247.com
