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

Popular On TotalWRC.com

Sebastien Ogier goes all out on asphalt attack

Sebastien Ogier and Vincent Landais lead Rally Islas Canarias by 8.6...

Popular On GunnersToday.com

Arsenal and Man United look to beat La Liga giants in...

Atalanta midfielder Ederson has been linked with a move away from the...
29m ago from CaughtOffside.com

Arteta targets 60m speedster as Man United prepare bid...

Karim Adeyemi has been linked with a move away from Borussia Dortmund at...
2h ago from CaughtOffside.com

'We are all in. Let’s go for it' - Mikel Arteta...

Arsenal boss Mikel Arteta has urged his players to rise to the occasion...
2h ago from SportsKeeda.com

Mikel Arteta confirms 2 key Arsenal stars will return...

Arsenal manager Mikel Arteta has confirmed that Riccardo Calafiori and...
3h ago from SportsKeeda.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.