News Details

Saudi Arabia contributes to £550m investment in McLaren

The McLaren Group has raised £550 million in new investment which will help to support its automotive and racing divisions. The new investment comes from multiple sources, but the largest share comes from the Saudi Arabia's sovereign wealth fund, which is contributing around £400m of the investment, whilst existing shareholders, including Bahrain's Mumtalakat, will contribute […]
Full Story »
Share

You May Also Be Interested In...

Saudi Arabia's PIF in talks to buy stake in McLaren...

Saudi Arabia's Public Investment Fund (PIF) and global investment firm...
4y ago from GrandPrix247.com

Three McLaren personnel return positive test including...

Three McLaren team members, including CEO Zak Brown, have tested positive...
4y ago from GrandPrix247.com

Saudi Arabian Grand Prix launches art competition for...

Formula One has announced an interesting project, the 'Race Through...
4y ago from F1Technical.net

McLaren's Seidl admits Ricciardo's slow transition has...

McLaren team boss Andreas Seidl has admitted it's been disappointing to...
4y ago from MotorsportWeek.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Scott McLaughlin praises Kyffin Simpson after titanic...

Two Team Penske drivers finished on the podium in IndyCar’s season...
18h ago from MotorsportWeek.c...

Louis Foster narrowly secures IndyCar Rookie of the...

After a season-long battle with two other rookies in the NTT IndyCar...

Popular On TotalWRC.com

Popular On GunnersToday.com

8 signings, 11 outgoings: All the details from...

It has been a frantic summer at Arsenal as Andrea Berta has made his mark...
42m ago from FreshArsenal.com

Mikel Arteta’s Arsenal stuck in gear as Arne...

day’s match was defined by a brilliant free-kick, but the way it came...
1h ago from TheGuardian.com

Szoboszlai’s rocket and Milner’s new milestone –...

;a href="https://bsky.app/profile/maxrushden.bsky.social">Max...
1h ago from TheGuardian.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.